651 Lincoln Ave Hinckley, IL 60520-6033
- Commercial real estate
Current Use by Public Records
- Big Rock Auto Rebuilders / Auto Body Shop
- Communication Tower / Tower Communication Service
- Matthew James & Co. / Cabinet Maker
- Safe Side Tactical / Firearms Academy
Property Details for 651 Lincoln Ave
- Property type
- Commercial real estate
- APN
- 15-14-329-017
- APU
- 1514329017
Description
This exceptional commercial property in Hinckley, IL, presents a unique investment opportunity. Located on Route 30, boasting over 6,700 vehicles per day, this B3-zoned property offers two versatile units totaling nearly 2,300 square feet. Recently renovated in 2024, the property features a new membrane roof, exterior and interior LED lighting, new epoxy flooring, updated 200-amp electrical panels, and new ceiling fans. Unit 5A, a former oil service center, includes a 16x13 office with service counter, bath, and AC; a 32x29 garage with two 10x12 overhead doors and Liftmaster openers; two 4-post rotary lifts; a Hunter DSP400 alignment system; a 60-gallon Master Force air compressor; bulk oil storage; and a 14x15 storage room. Unit 5B offers a 29x17 garage with a 10x12 overhead door and Liftmaster opener; a 2-post rotary lift; a 10x25 storage/prep area with a drive-thru window and two 250v equipment outlets. Both units have private restrooms, front and rear entrances, independent heating systems, and separately metered utilities. Five parking spaces are available. The property's APN is 1514329016. This property is ideal for an independent mechanic, automotive hobbyist, or any business seeking a ready-to-go, professional-grade facility in a high-traffic location. The asking price is $240,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $130,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $180,000
- 6.5%
- $165,000
- 7%
- $190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $165,000
- Geo Method
- $180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $210,000
- Mixed-Use
- $200,000
- Hospitality
- $205,000
- Educational
- $195,000
- Residential Income
- $160,000
- Energy
- $160,000
- Income-Based Land
- $160,000
- Food Service
- $190,000
Location Insight
- Map
- Local Demand
- City
- Hinckley
- County
- Dekalb
- State
- Illinois
- Longitude
- -88.6326
- Latitude
- 41.7689
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA