Property profile

903 Broadway St Lincoln, IL 62656

OFF-MARKET
Commercial real estate
Property ID
US28-4650619
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This Lincoln, Illinois commercial property, located at 903 BROADWAY Street, is offered at $95,000. The 1600+ square foot building sits on a commercially zoned corner lot and boasts a rich history, previously serving as a beauty salon for over 35 years and a dance studio before that. The interior is currently configured with multiple rooms, including four main rooms ideal for various uses, a foyer/waiting area, two half baths, ample storage and workspace, and laundry facilities with washer and dryer included. Additional features include front and back enclosed porches, a large basement, and a rear parking lot. The property also benefits from a newer architectural roof. The building's central location offers easy access to Lincoln's historic downtown district, presenting a unique opportunity for a variety of commercial ventures. While the existing personal property is negotiable, the washer and dryer will remain. This versatile space is ready for its next chapter, offering a blend of history and potential. Don't miss this chance to own a piece of Lincoln's commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 08-215-096-00
UPID US28-4650619

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
  • Nail Salon

Location

903 Broadway St Lincoln, IL 62656-2905
Lincoln metro Census 953200 LINCOLN, IL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2025
Last sale
$72,500
1 recorded transaction
2025
$72,500

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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