Property profile

303 Pulaski St Lincoln, IL 62656

OFF-MARKET
Commercial real estate
Property ID
US28-3701096
Entity Owned 1-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Atm
  • Open Air Museum
  • Bank Loan Service

Location

303 Pulaski St Lincoln, IL 62656-2010
Lincoln metro Census 953300 LINCOLN, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2025
Last sale
$195,000
2 recorded transactions
2025
$195,000
2023
Price N/A

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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