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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    303 Pulaski St, Lincoln, IL 62656-2010

    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US28-3701096
    Property summary
    AI-generated overview

    This exceptional 5,500 square foot commercial property, located at 303 Pulaski Street in Lincoln, Illinois, presents a unique investment opportunity. Built in 1960, this solid structure served as a bank for over six decades, offering a rich history and established presence within the community. The building boasts a versatile layout ideal for a variety of commercial uses. Currently featuring five private offices, two conference rooms, a spacious open lobby area, restrooms, a breakroom, and a walk-in vault, the property also includes a convenient drive-up window. The building's substantial size and well-maintained condition provide ample space for adaptation to suit diverse business needs. While restricted from banking operations for the next five years, this limitation opens the door for creative repurposing, potentially as a professional office complex, retail showroom, or even a high-profile restaurant. Situated in Logan County, Illinois, with a 62656 zip code, this property benefits from excellent visibility and accessibility. The asking price is $275,000, representing a compelling value for a building of this size, history, and potential in a thriving Illinois community. The property is zoned for commercial use.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 08-210-230-00
    UPID US28-3701096
    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
    • ATM (Regions Bank) Atm
    • Lincoln Penny mural Open Air Museum
    • Heartland Bank and Trust Company Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Fbfm Enterprises LLC-series 4 · 1 yrs held
    Fbfm Enterprises LLC-series 4
    since 2025
    Last sale
    $195,000
    2 recorded transactions
    2025
    $195,000
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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