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    Lincoln, IL
    Triplex

    Lincoln, IL Triplexes for Sale

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

    608-612 Broadway Street, Lincoln, IL 62656

    $625,000
    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.

    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    635-641 W Main St, Peoria, IL 61606

    Contact for pricing
    7,369 sqft

    Multi-use building with ground-floor retail income, billboard income, and three occupied second-floor apartments.

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    Renovated Triplex Investment Property
    Renovated Triplex Investment Property

    1611 West Barker Avenue, Peoria, IL 61606

    $299,000

    Completely renovated triplex with two currently leased units and updated systems, kitchens, and bathrooms.

    View details
    Charming Three-Unit Investment Property
    Charming Three-Unit Investment Property

    307 S Mclean Street, Bloomington, IL 61701

    $279,000

    Updated three-unit property with stained glass, hardwood floors, and tenants.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    810 W Market Street, Bloomington, IL 61701

    Contact for pricing

    Triplex with three rental units and an unfinished basement, offering additional storage and straightforward in-unit appliances.

    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 $625,000 — 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

    Triplexes 1

    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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