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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    102 5th St, Lincoln, IL 62656-2668

    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-4061620
    Property summary
    AI-generated overview

    This turnkey restaurant opportunity in Lincoln, Illinois, presents a fantastic chance for immediate operation. Located at 102 5th St., Lincoln, IL 62656, this 912 square foot commercial property is priced at $275,000. The sale includes all existing inventory, significantly reducing startup costs and allowing for a seamless transition. The property is fully equipped with essential restaurant equipment, including a pizza oven, a Hobart mixer, six prep tables, a deep freezer, and a walk-in cooler. This comprehensive setup eliminates the need for substantial upfront investment in kitchen infrastructure. The property's classification as both retail and land suggests potential for diverse uses beyond its current configuration. The location in Lincoln, Illinois offers access to a defined customer base within the Logan County area. This is a rare opportunity to acquire an established business with all equipment and inventory included, minimizing risk and maximizing potential for immediate profitability. The property's size and existing infrastructure make it an attractive proposition for experienced restaurateurs or entrepreneurs seeking a ready-to-operate business. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 08-220-144-00
    UPID US28-4061620
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Stuffed-Aria Pizza Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Oldanis Real Estate LLC · 1 yrs held
    Oldanis Real Estate LLC
    since 2025
    Last sale
    $135,000
    6 recorded transactions
    2025
    2025
    $135,000
    2017
    2016
    2013
    $50,000
    2013
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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