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Property profile & analytics
OFF-MARKET
Industrial properties

1119 Kickapoo St Lincoln, IL 62656-1824

Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US28-4595797
Property summary
AI-generated overview

This exceptional 247,000 square foot industrial building presents a rare investment opportunity in Lincoln, Illinois. Strategically located on the east side of town, this property offers unparalleled access to Interstate 55, providing seamless connectivity between St. Louis and Chicago. The building boasts eight loading docks and three drive-in doors, ensuring efficient logistics and operations. The expansive interior is exceptionally well-maintained and features a highly versatile open floor plan. A significant portion of the building (approximately 6,000 square feet) is dedicated to office space, complete with fifteen individual offices, a spacious administrative area, a conference room, a kitchen, and restrooms. Recent improvements include a fresh coat of paint throughout the offices, new ceilings, and entirely new lighting fixtures. A substantial 22,000 square foot section benefits from a newer roof. The property also includes a dedicated 3,000 square foot shop area. Supporting the building's operational capacity are robust infrastructure elements: 12-13 acres of land, 6500 amp electrical service, two transformers, and 56 individual heating units ensuring climate control throughout the entire facility. All existing furniture is included in the sale. This turnkey operation is ready for immediate occupancy and presents a compelling opportunity for a wide range of industrial and commercial uses. The asking price is $4,950,000.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
APN 08-255-056-51
UPID US28-4595797
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
  • Sheley Trucking Trucking Company
  • Lawrence Screw Products Inc Industrial Manufacturer Production Facility
  • Nationwide Paper Inc Distribution Center
  • Fortune Plastic Inc Industrial Manufacturer Production Facility
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
Fortune Plastic INC · 3 yrs held
Fortune Plastic INC
since 2022
Last sale
$500,000
2 recorded transactions
2022
Price N/A
2020
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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