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Lincoln, IL Storefront Properties for Sale

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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
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lincoln, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Retail Shopping Center Storefront Suites
Retail Shopping Center Storefront Suites

2950 N WATER Street, Decatur, IL 62526

$1,200,000
1.67 AC lot

Multi-suite retail center offers storefront entries, rear service areas, and private restrooms for flexible retail or service use.

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Freestanding Building with Drive-Thru
Freestanding Building with Drive-Thru

2003 W Monroe St, Springfield, IL

$300,000
1,815 sqft 0.34 AC lot

Redevelopment opportunity with drive-thru and outdoor patio.

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Mixed-Use Commercial Building
Mixed-Use Commercial Building

1428 N Macarthur Boulevard, Springfield, IL 62703

$40,000
3,314 sqft

Large corner-lot building with multiple structures, greenhouses, and paved parking on a B-2 zoned site.

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Retail Storefront Suites for Sale
Retail Storefront Suites for Sale

2950 N WATER Street, Decatur, IL 62526

$1,200,000

Two suites in a multi-suite retail center feature direct storefront entries and rear service areas.

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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 Land in Springfield, IL
Commercial Land in Springfield, IL

1106 E ASH Street, Springfield, IL 62703

$125,000
0.12 AC lot

Commercial land for sale in Springfield, Illinois.

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Commercial Land in Springfield, IL
Commercial Land in Springfield, IL

Park S Drive lot: 9, Springfield, IL 62703

$180,000
1.00 AC lot

Commercial land for sale in a mixed-use development.

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B-3 Zoned Commercial Development Lot
B-3 Zoned Commercial Development Lot

353 ANN ELIZA Street, Pekin, IL 61554

$165,000
0.14 AC lot

Vacant commercial lot zoned B-3, suitable for a range of business uses in downtown Pekin.

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Land For Sale, Normal, IL
Land For Sale, Normal, IL

Susan Drive lot: 21, Normal, IL 61761

$375,000
1.37 AC lot

1.37 acre commercial land available in Normal, Illinois.

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Lincoln, IL Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in Lincoln, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $99,900.

Sale prices for retail units 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

Shopping centers 2
Storefront properties 2

Demographics Overview

Population 18K
Population Growth (5Y) -6.0%
Median Household Income $59,129
College Educated 25.1%

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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