121 Sangamon St Lincoln, IL 62656
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 121 Sangamon St
- Property type
- Commercial real estate
Description
This exceptional three-story brick building at 121 S Sangamon Street in Lincoln, Illinois, presents a unique redevelopment opportunity. Located in the heart of the historic downtown district, this property offers significant potential for a variety of commercial uses. Currently vacant, the building requires substantial renovation, but the rewards are substantial. The main floor boasts approximately 4,300+ square feet of commercial space, ideal for a restaurant or other retail establishment, given its prior use. The upper two floors contain multiple apartments, each offering the potential for restoration into attractive residential units. A full basement adds further versatility. The property is being sold "AS IS, WHERE IS," allowing for complete creative control over the renovation and future use. The building's prime location, combined with its substantial size and existing infrastructure, makes it an attractive investment for developers and entrepreneurs seeking a high-impact project in a vibrant Illinois community. The asking price is $10,000. The property is zoned for commercial and restaurant use, and sits on land in Logan County, Illinois, with a zip code of 62656. This is a rare chance to acquire a landmark building with immense potential in a thriving downtown area. The property's address is 121 S Sangamon Street, Lincoln, IL 62656.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Logan
- State
- Illinois
- Longitude
- -89.3650173
- Latitude
- 40.1474784
