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Property profile & analytics
FOR SALE
Commercial real estate

2310 Lincoln Ave Charleston, IL 61920

0.82 ac lot
Individually Owned Free & Clear
Property ID
US28-4475120
Property summary
AI-generated overview

This exceptional 3,160 square foot freestanding former quick-service restaurant (QSR) presents a unique investment opportunity in Charleston, Illinois. Boasting a convenient drive-thru, the property sits on a sizable 1.32-acre lot, offering ample space for potential expansion or outdoor seating. Strategically located on Lincoln Avenue, a major thoroughfare with over 10,300 vehicles passing daily, this location ensures high visibility and significant foot traffic. The property benefits from exceptional tenant synergy, situated near established national brands such as Chick-fil-A, Starbucks, McDonald's, Taco Bell, Arby's, and Dunkin'. Its prime location as an outparcel at the signalized hard corner intersection of a Walmart Supercenter's entrance guarantees substantial crossover retail traffic from both Walmart and the ALDI grocery store across the street. Furthermore, its proximity to residential areas, including the 337-unit Campus Pointe Apartments and Eastern Illinois University (with over 7,000 students) just one mile away, provides a large and readily accessible customer base. The property's size, location, and existing infrastructure make it an ideal site for a variety of QSR concepts or other retail businesses seeking high visibility and strong consumer traffic in a thriving market. The Coles County location offers a stable and growing community, making this a compelling investment opportunity. The entire 3,160 square feet is currently vacant, providing immediate occupancy for a new tenant. The cross street is Hawthorne Drive.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.82 ac (35,719 SF)
APN 02-2-15952-000
UPID US28-4475120
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
  • KFC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Daniel Johnson
Daniel Johnson
since 2025
Last sale
$345,000
3 recorded transactions
2025
$345,000
2013
$2.0M
2008
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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