2050 Lincoln Hwy, DeKalb, IL 60115
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.
-
Jw Auto sales and storage Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.