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    Lincoln, IL
    Strip Mall

    Lincoln, IL Strip Malls for Sale

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    Broadwell, IL Mount Pulaski, IL Elkhart, IL Atlanta, IL Emden, IL Armington, IL Kenney, IL Clinton, IL
    12-Unit Strip Mall
    Updated: Nov 7
    12-Unit Strip Mall

    525 WOODLAWN Road, Lincoln, IL 62656

    Contact for pricing
    12 individual commercial units
    Several units are vacant
    Current businesses include a bakery, barber shop and vape shop
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    1 active listing matches your search: Strip Mall for sale in Lincoln, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Two-Tenant Strip Mall
    Two-Tenant Strip Mall

    757 W Pershing Rd, Decatur, IL 62526

    $1,582,000
    Multi-tenant  12,883 sqft  Built 1978 / renov 2025
    100% occupied / 9.0% cap rate  Highway access + Road access

    Renovated retail center with specialized office, classroom, and workforce-service improvements.

    View details
    Two-Story Strip Center
    Two-Story Strip Center

    1717 R T Dunn Dr, Bloomington, IL 61701

    Contact for pricing
    Multi-tenant  21,468 sqft  Built 1999  2-story

    Two-story multi-tenant strip center anchored by local services and fitness tenants.

    View details
    B-3 Zoned Strip Center
    B-3 Zoned Strip Center

    1423 E Mound Rd, Decatur, IL 62526

    Contact for pricing
    11,856 sqft
    B-3

    B-3 zoned strip center offering flexible space within a multi-tenant retail configuration.

    View details
    Retail Strip Center with Parking
    Retail Strip Center with Parking

    1605 Morrissey Dr, Bloomington, IL 61704

    Contact for pricing
    23,181 sqft

    Retail strip center offering visibility from Veterans Parkway and ample on-site parking, with recent upgrades to the property and lot.

    View details

    Lincoln, IL Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Lincoln, IL on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 5

    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.

    How Realmo verifies these figures

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