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Listed by Brandon Shafferof BHHS Central Illinois, REALTORS
$589,900
Est. payment /mo
12,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $49
MLS Listing ID 12490906
Year Built 1922
Annual Tax Amount $5,523
Tax Year 2024
Lot Dimensions 150x75x40x35x110x40
Property Sub-Type Mixed Use
Property Description
Step into a beautifully updated commercial property in the heart of downtown Lincoln, Illinois. This versatile building blends historic charm with modern convenience, ideal for a variety of business ventures. Plus, it comes with a spacious three-bedroom apartment upstairs, complete with a flex room, full kitchen, oversized living room, updated amenities, and private garage parking for residents. The property has seen extensive updates since 2016, including new windows, flooring, roofing, energy-efficient LED lighting, and a reverse osmosis water system. Importantly, the owned solar panels are fully paid off by the sellers, offering sustainable energy solutions with no additional cost to the buyer. Inside, the retail space features beautiful tall tin ceilings, and plenty of storefront windows that flood the space with natural light. Attached to the main building is an additional retail location (not updated)-perfect as an accountant's office or boutique service space-providing a separate, private setting apart from the main retail area with the potential for additional income. The property also includes a full basement, offering ample space for storage. The building is within eyesight of other local businesses and restaurants, and the Amtrak station is just a short distance away, adding convenience for both business owners and tenants. The vibrant downtown location ensures steady foot traffic thanks to a variety of community events. From Third Fridays in spring and summer to the Balloons Over 66 festival, Retail Therapy events, and holiday festivities, there's always something drawing people to this charming downtown. The supportive local business community and proximity to transportation hubs make this property a standout opportunity. Don't miss the chance to own a piece of Lincoln's lively downtown, where community spirit, modern amenities, and an unbeatable location come together seamlessly.
Location
State IL
County Logan
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected
View Y/N true
Building
Water Municipal Water
Structure Type Brick
Others
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com