215 Main St Lawndale, IL 61751
This exceptional 0.16-acre commercial/industrial/residential land parcel presents a unique investment opportunity in Lawndale, Illinois. Located at 215 Main Street, this property boasts 50 feet of frontage on Main Street, offering excellent visibility and accessibility. Its prime location is just three blocks from the historic Route 66 and conveniently situated between Atlanta and Lincoln, Illinois, approximately 10 miles from Lincoln. The property is zoned for Residential Medium Density and includes ample parking for 10 vehicles. The lot measures 50 feet wide by 165 feet deep. Utilities are available (buyer to verify). The asking price is $8,999, translating to $1.25 per square foot. This fee-simple ownership offers flexibility for various development possibilities. All cash offers will receive a written response within 24 hours. Owner financing may be considered. The property's APN is 08-706-004-00. The property is two blocks from Kickapoo Creek. This is a rare opportunity to acquire land near a historic landmark in a central Illinois location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.