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    Lincoln, IL
    Retail

    Lincoln, IL Retail Space for Sale

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    Broadwell, IL Annawan, IL Atlanta, IL Mt Pulaski, IL Carbondale, IL Elkhart, IL Lake Carroll, IL Emden, 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
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    Storefront Building with Office Space
    Updated: Feb 11
    Storefront Building with Office Space

    616 BROADWAY Street, Lincoln, IL 62656

    $99,900
    0.14 AC lot
    More than 9,000 square feet of total building area
    Approximately 5,900 square feet on the main floor
    More than 3,000 square feet of upper‑level space
    Two half bathrooms plus built‑in nooks and multiple storage areas
    Recent electrical, fire alarm, ceiling tile, lighting, and flooring updates
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    Retail Corner Lot with Drive-Thru
    Retail Corner Lot with Drive-Thru

    2775 Woodlawn Rd., Lincoln, IL 62656

    Contact for pricing
    3,200 sqft 1.63 AC lot

    3,200 SF retail site on a 1.63-acre corner lot with ample parking and a wraparound drive-thru.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Retail/Office Space For Sale
    Downtown Retail/Office Space For Sale

    616 Broadway St, Lincoln, IL 62656

    Contact for pricing
    9,351 sqft

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

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Lincoln, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Corner Storefront Building
    Corner Storefront Building

    718 S ILLINOIS Avenue, Carbondale, IL 62901

    $275,000
    7,849 sqft

    Flexible commercial layout with upper-floor access, display windows, customer restrooms, and dedicated parking.

    View details
    Corner Storefront With Display Windows
    Corner Storefront With Display Windows

    718 S ILLINOIS Avenue, Carbondale, IL 62901

    $275,000
    0.21 AC lot

    Two-level building offers flexible commercial space with separate access to the upper floor.

    View details
    Leased Retail and Restaurant Property
    Leased Retail and Restaurant Property

    214 Abe Lincoln Drive, Athens, IL 62613

    $450,000
    0.56 AC lot

    Commercial property in Athens with two leased tenants, including Subway and a local liquor store with a dedicated gaming room.

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    Leased Restaurant and Liquor Store
    Leased Restaurant and Liquor Store

    214 Abe Lincoln Drive, Athens, IL 62613

    Contact for pricing

    Two leased income-producing spaces include a Subway restaurant and a liquor store with a dedicated gaming room.

    View details

    Lincoln, IL Retail Space Market Trends and Statistics

    Explore 4 retail space for sale in Lincoln, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,551 square feet of properties for sale, with an estimated market value of $685,800.

    Sale prices for retail space in Lincoln, IL start at $99,900, averaging $342,900, and reaching up to $585,900 — 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

    Storefront properties 7
    Auto shops 2
    Automotive properties 2

    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 $342.9K

    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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