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Lincoln, IL

Retail

Lincoln, IL Retail Properties & Spaces for Sale

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Broadwell, IL Annawan, IL Atlanta, IL Lake Carroll, IL Carbondale, IL Armington, IL Emden, IL Mclean, IL

Retail Building with Upstairs Apartment

Updated: Oct 14, 2025

Retail Building with Upstairs Apartment

113 N Kickapoo Street, Lincoln, IL 62656

$585,900

0.17 AC lot

Brick commercial building built in 1922 with central air and natural gas available
Updated since 2016: new windows, flooring, roofing, energy‑efficient LED lighting, plus reverse osmosis water system
Includes a 3‑bedroom apartment upstairs with flex room, full kitchen, oversized living room, updated amenities, and private garage parking
Downtown Lincoln, IL retail features tall tin ceilings and storefront windows for natural light
Attached additional retail location (not updated) that can be used as a separate office or boutique service space

Downtown Retail and Office Building

Updated: Feb 11

Downtown Retail and Office Building

616 BROADWAY Street, Lincoln, IL 62656

$99,900

0.14 AC lot

616 Broadway St in downtown Lincoln, located across from the Logan County Courthouse
9,000+ total square feet with 5,900 sq ft open main floor and an additional 3,000+ sq ft upstairs area
Previously used as retail space with an office space overlooking the main store floor
Includes 2 half bathrooms and multiple storage areas on both sides, plus built‑in nooks
Updates include electrical work, fire alarm system, and new/updated lighting and ceiling tiles; flooring has been purchased

Turn-Key Bar in Lincoln, IL

Turn-Key Bar in Lincoln, IL

401 Limit Street, Lincoln, IL 62656

$250,000

Thriving bar with party room and outdoor area for sale.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Retail Property in Lincoln, IL

Retail Property in Lincoln, IL

602 Woodlawn Rd, Lincoln, IL

$1,380,000

0.48 AC lot

Retail property available for sale in Lincoln, Illinois.

Downtown Retail/Office Space For Sale

Downtown Retail/Office Space For Sale

616 Broadway St, Lincoln, IL 62656

$99,900

9,351 sqft

9,000+ sq ft retail/office space in prime downtown location.

Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 5 Active listings in Lincoln, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Retail Property on Corner Lot

Freestanding Retail Property on Corner Lot

920 N Grand Ave E, Springfield, IL 62702

$1,200,000

15,251 sqft

High-visibility retail property with ample parking and strategic location.

Versatile Commercial Property in Decatur, IL

Versatile Commercial Property in Decatur, IL

2882 N Dinneen St, Decatur, IL 62526

$595,000

14,000 sqft 8.00 AC lot

Spacious 14,000+ sq ft property on 8+ acres.

Corner Retail Building with Parking

Corner Retail Building with Parking

1200 N 8th St, Springfield, IL 62702

$550,000

15,376 sqft

Spacious 15,376 SF retail building with parking in Springfield, IL.

Walgreens on Illinois Route 48

Walgreens on Illinois Route 48

1311 IL-48, Decatur, IL 62526

$3,470,000

12,918 sqft

Net-leased Walgreens in Decatur, Illinois, a durable investment opportunity.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Lots Behind Walmart

Commercial Lots Behind Walmart

2601 Memphis Drive, Springfield, IL 62702

$75,000

1.74 AC lot

Two B-1 zoned commercial lots in prime location.

Commercial Lots Behind Walmart

Commercial Lots Behind Walmart

2601 Memphis Drive 2621, Springfield, IL 62702

$75,000

Two B-1 zoned commercial lots behind Walmart on Dirksen Parkway.

Versatile Commercial Property in Springfield

Versatile Commercial Property in Springfield

2505 E COOK Street, Springfield, IL 62703

$175,000

5,400 sqft 1.33 AC lot

5,400 SF building with fenced yard and additional storage.

Commercial Corner Development Site

Commercial Corner Development Site

700 W JEFFERSON Street, Springfield, IL 62702

$175,000

0.59 AC lot

Corner lot on West Jefferson and Walnut Streets with utilities onsite and two access points.

Off-Market Properties in Lincoln, IL

Consider similar Off-Market properties in Lincoln, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

500-508 Broadway St

Government properties

500-508 Broadway St, Lincoln, IL 62656

Value Estimation by Request

109 Sangamon St

Restaurants

109 Sangamon St, Lincoln, IL 62656

Value Estimation by Request

121 Sangamon St

Restaurants

121 Sangamon St, Lincoln, IL 62656

Value Estimation by Request

602 Woodlawn Rd

Individual retail properties

602 Woodlawn Rd, Lincoln, IL 62656

Value Estimation by Request

5,800 sqft 0.92 AC lot

Lincoln, IL Retail Properties & Spaces Market Trends and Statistics

Explore 9 retail properties & spaces for sale in Lincoln, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 9,351 square feet of properties for sale, with an estimated market value of $99,900.

Sale prices for stores in Lincoln, IL start at $99,900, averaging $99,900, and reaching up to $99,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 18K

Population Growth (5Y) -6.0%

Median Household Income $59,129

College Educated 25.1%

High-Yield Neighborhoods for Investment

Identify Lincoln submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
62656	$149.9K

Taxes & Financing

Tax Rate (average for all types) 8.36%

Property Tax per SF $6.81 per SF

Tax Rate vs County Average 0.46 pp above county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Lincoln fall within the 10,000 to 25,000 square foot range.

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Most Searched ZIP Codes in Lincoln, IL

62656