Property profile

2050 Lincoln Hwy DeKalb, IL 60115

OFF-MARKET
Specialty properties
Property ID
US28-1354430
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Property summary

AI-generated overview

This exceptional 50,094 sq ft commercial lot at 2050 E Lincoln Highway in DeKalb, Illinois (zip code 60115), is priced at $525,000. Currently zoned for a variety of uses, including a used car lot and storage units, this property presents a unique investment opportunity. The lot's high visibility on a busy street ensures significant exposure for any business. The property's previous use included a single-family home with three bedrooms, a finished basement with an additional bedroom and family room, a brick paver patio, a gazebo, and attached and detached garages providing ample parking. The existing structures offer potential for conversion or repurposing to suit a variety of commercial needs. The city of DeKalb has already approved its use as a used car lot and storage units, streamlining the permitting process for similar ventures. This versatile property is ideal for entrepreneurs seeking a high-traffic location with diverse development possibilities. The substantial lot size allows for significant expansion or the addition of new structures. Don't miss this chance to acquire a prime commercial property in a thriving Illinois community.

Property profile

Verified
Property type Specialty properties
UPID US28-1354430

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership

Location

2050 Lincoln Hwy DeKalb, IL 60115
DeKalb metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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