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    Lincoln, IL
    Triplex

    Lincoln, IL Triplexes for Sale

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    Annawan, IL Atlanta, IL Lake Carroll, IL Elkhart, IL Carbondale, IL Broadwell, IL Emden, IL Armington, IL
    Brick Mixed-Use Building
    Updated: Jun 17
    Brick Mixed-Use Building

    608-612 Broadway Street, Lincoln, IL 62656

    $585,000
    All‑brick mixed‑use building dating back to the early 1900s in downtown Lincoln, IL
    Main level has two retail storefronts, including one occupied space and one vacant storefront
    Second floor includes three fully leased residential apartments, with potential to add a fourth unit
    Additional rear storage space provides extra income potential
    Zoned C‑1, supporting uses such as retail, restaurant, office, salon, and residential
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    3-Unit Triplex with Basement
    3-Unit Triplex with Basement

    2312 S 6th Street, Springfield, IL 62703

    $230,000
    0.13 AC lot

    Two units provide immediate income while the lower-level apartment awaits refurbishment.

    View details
    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    610 N McLean St, Bloomington, IL 61701

    $199,900

    Converted triplex with central air, basement laundry, garage, and fenced outdoor space.

    View details
    Three-Unit Triplex with Garden-Level Unit
    Three-Unit Triplex with Garden-Level Unit

    2312 S 6th St, Springfield, IL 62703

    $230,000

    Two apartments generate income while the garden-level unit awaits full refurbishment.

    View details
    Updated 3-Unit Triplex
    Updated 3-Unit Triplex

    1003 W Jackson Street, Bloomington, IL 61701

    $165,000

    Multiple residences feature refreshed interiors, complemented by a new roof, soffit, fascia, gutters, garage, and private parking.

    View details

    Lincoln, IL Triplexes Market Trends and Statistics

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

    Sale prices for three-family homes in Lincoln, IL average $585,000 — 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

    Duplexes 1
    Triplexes 1

    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 $585K

    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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