Showings to begin after December 10, 2024
Two side by side two story downtown buildings in need of repair -- sold AS IS. Both structures have sat vacant for a number of years, but overflow with opportunity and potential. Revive these commercially zoned buildings and truly make them shine for years to come!
** RESTAURANT WILL REMAIN OPEN! ** Premier 5,600 square foot two story all brick commercial structure situated in historic downtown Lincoln, Illinois! Main floor currently hosts a popular restaurant -- Ami-gos' World -- while the upper level currently features a fully functional three bedroom apartment with ample natural light and large flowing rooms. The main floor has seen a full renovation within the past year by current owners and features a large open dining area with neat high tin lined ceilings, dish room, large upgraded kitchen, two baths, bar area, and a reception area. Upper level apartment features a separate front facing entry and is host to a massive open living concept, dining/office area, kitchen, three bedrooms, full bath, and laundry facilities. Property also features a large full basement as well as an attached (no interior access) rear storage area. List price is for structure only, but sellers are willing to discuss additional options should buyer(s) wish to purchase appliances, equipment, etc. Want to own and lease back to the current owners to continue to operate out of? They would love to have that discussion! Abundant opportunity presents itself here!
Calling all hair stylists with a dream of having a shop of their own! This commercially zoned corner lot structure has been owned and occupied by Town House Beauty Shoppe for 35+ years but as they say, when one door closes, another opens! With that being said, the door is open for you to bring yourself along with that dream of yours right on through and picture yourself tailoring this 1,600+ structure to fit your needs in an effort to best serve your clientele! The interior is currently set up to include various stations spread out amongst four rooms and also features front and back enclosed porch areas, an inviting foyer/waiting area, two half baths, ample storage/work space, and laundry facilities. Property also features a large basement in addition to a rear parking lot. Newer architectural roof on structure. Washer and dryer to remain upon settlement -- remaining personal property could be negotiable if needed/desired. Not a hair stylist but seeking a commercial structure that is situated just a short stroll from the historic downtown district? Let your imagination roam with 903 Broadway Street, Lincoln! Prior to serving as a hair studio, this property housed a dance studio -- so many memories made and stories heard within these walls over the decades! Opportunity knocks... answer that door... and quickly!
** Business will remain open -- list price is for the building ONLY -- seller is willing to entertain discussions regarding selling personal property with at a higher price! ** This downtown building has been extensively renovated inside from top to bottom -- no detail left behind and no cost spared! Interior features a great entry/greeting area, fabulous open concept dining space with elegant tin ceilings and timeless fixtures, prep area, large kitchen area, two separate baths, mechanicals, and storage space. Rich cherry wood finishes throughout furthermore showcase this popular establishment. All supplies, furnishings, etc. can remain (at a higher price) with exception of one dough proofing bowl and oval dining table. Sorrento’s has been in business for 54 years locally and has been housed within this structure since 2018 -- let your imagination roam and use said structure however you would like! All reasonable offers will be considered -- let's talk!
Don't miss your chance at owning this turn-key thriving bar in Lincoln, IL. This well-established business offers a party room, ideal for private events and gatherings, with ample space to accommodate various functions, a vibrant outdoor area perfect for al fresco drinks and socializing. This establishments offers a wet and dry bar & (2) storage areas as well as up to date restrooms. Prime location, fully equipped bar set-up, fresh interior design, and loyal customer base. This bar combines a fun atmosphere with practical amenities, offering both a strong foundation and exciting growth potential. Whether you're an experienced operator or a passionate entrepreneur, this venue is ready to turn your vision into reality.
Beautiful conveniently located all brick commercially zoned structure situated just steps from the Amtrak station and the historic downtown Lincoln, Illinois square! Currently housing Prairie Threads men's clothing store, this solid well-appointed structure could easily house a large variety of small professional businesses (zoned R-2)-- or, could potentially be converted into a darling single-family residence. Partial basement, rear ramp, in addition to front street parking as well as rear off-street parking. Vinyl replacement windows. Updated flooring, fixtures, plumbing, furnace, central air conditioning unit, fresh paint -- super clean and fresh! Expect to be impressed by this one!
This large Bank facility had been home to State Bank of Lincoln for a century plus. There are 20+ private offices, multiple restrooms,4 large conference rooms (it's 11,000 sf). The lobby features high ceilings...large walking vault...private offices. The seller (Heartland B&T) would like this facility to be turned into useful resource for Lincoln area residents....so let's put our creative hats on and repurpose this great facility into a Lincoln asset.
It was a BANK for 60+ years! It could be a great professional office, or showroom for retail, why not a grand restaurant. This 5,500 sf super solid building has 5 private offices, 2 conference rooms, a large open lobby, restrooms, a breakroom, a walk-in vault, and a drive-up window. It cannot be a bank again for 5 years, so let's repurpose this great location/ building into something Lincoln can use. Once you've figured out a good idea for this opportunity, call your realtor and make an appointment to see 303 Pulaski, as soon as possible.
Attention entrepreneurs! Don't miss this opportunity to own the same building which once housed the classic Lincoln Vintage Fare! The possibilities are endless for this prime location in downtown Lincoln, just off the square. This space would be perfect for a clothing boutique, antique dealer, hobby shop, video gaming, office, etc. Use your imagination to realize your business dream with 1,100 square feet of space and great street-front visibility. Large, open space in front with two half-baths. Separate, smaller back area leading to back ally access and basement area good for storage. Sold as presented (estate sale).
Gorgeous two story brick/stone constructed building situated just off of the historic downtown Lincoln, Illinois square! ** Structure has housed a long term commercial retail tenant for decades -- tenant reserves the right to lease back for minimum one year with a three year option. ** Main floor boasts a large open retail space with various striking shelving units that will remain, private office area, galley kitchen, two restrooms, ample work/storage space, and a rear facing garage/storage area with alley access. Main floor has been extensively renovated in recent years. The upper level which can be accessed via the main floor or via a front facing exterior door is host to a large commercial kitchen space, massive open area with abundant natural light, and two restrooms. The full basement features mechanicals and a plethora of additional storage/work space. Property also features three furnaces, two central air conditioning units, fully functional freight elevator that services all three floors, and a newer rubber membrane roof (2019). Choice commercial structure in a choice spot!
Over $50,000 in improvements in the past year! The opportunity to own a staple in the Lincoln/Logan County community is now before you -- The Blue Dog. This fabulous popular restaurant has had a presence in the local community since 1979. Expanded in 2012 (capacity went from 70 to 110), The Blue Dog is without question a crowd favorite. This turn key restaurant comes fully equipped/furnished (with the exception of a few wall hangings/personal items). Property features adjacent off-street parking, a full basement, rear carport, overhead second floor storage/work space, as well as a second floor two bedroom apartment that is currently rented for $700.00/month (address is 113 1/2 S. Sangamon Street, Lincoln). NEW within the past year -- salad bar, 8-Tap kegerator, 6-foot flame grill with meat refrigerator below, two soda stations with ice bins, five added booths, one new deep fryer (two baskets), bar refrigerator, triple refrigerator in kitchen, 30-quart floor stand commercial mixer -- the list goes on! Ever dreamt of being in the restaurant business? Opportunity knocks with this established establishment. Call your agent of choice today as this property has truly been smartly priced!
A unique opportunity to buy a 247,000 sq ft building in Lincoln, Illinois. It has 8 docks and 3 drive-ins. It's close to the main corridor of I-55 between St. Louis and Chicago. It is very well maintained and very open. In Lincoln, the property is located on the east side of town with easy 2-mile access to I-55. Great spaces for offices- Admin and conference room. Kitchen and bathroom. 6000 sq ft offices (15 offices total) Interior painted recently all furniture remains. New ceilings in offices. One section (22,000 sq ft) newer roof. All new lighting throughout the building. 12-13 acres, 6500 amp services, 2 Transformers, 56 Heating units in the entire building. 3000 sq ft Shop area!
WOW! This well known 9,600 square foot commercially zoned block and stone structure is the true definition of SOLID AS A ROCK! Main floor features a gracious incredibly open gathering area with hardwood flooring and a side facing exterior access point with a ramp for easy access, large kitchen/prep area, two separate bathrooms, and additional flexible space. The lower level is host to an additional kitchen/prep area with a newly installed vent hood, various office spaces, two additional separate bathrooms, and a large open area that previously housed a bar. Lower level features a separate rear exterior access point, walk-in cooler, and a side facing ramp for easy delivery of items, etc. Property also features an architectural roof, two heating/cooling units, newer on demand water heater, vinyl windows, and a massive parking lot. So much space to do as you please here situated within a convenient location with constant exposure to solid traffic flow right out your front door! Let your imagination and creative talents run wild! ** NOTE -- SCHEDULED EVENTS WILL CONTINUE ON SITE THROUGH SETTLEMENT! **
This expansive commercial three story brick structure situated just steps from the historic downtown district has hosted businesses and a plethora of tenants over the years! Currently vacant (and has been for years), this property needs extensive repair but imagine the end result/payout! Main floor features a roughly 4,300+ square foot commercial space. Second and third floors are host to various apartments -- all of which were once and could be once again captivating in so many regards! Property also features a basement. Sold "AS IS, WHERE IS", you can truly let your imagination run absolutely wild with this one!
Lincoln's best visibility to Interstate 55 is available for your business. 3.2 acres of Industrial zoned commercial property with access off of Heitmann Dr.. Property is in an enterprise zone and also in and economic opportunity zone. Off site water detention is provided as part of the master development. The property has water, sewer, telephone and natural gas to the property line.
Great investment property for sale in Lincoln, IL. This third-floor business condominium is located on the south side of the vibrant downtown Lincoln square, at the SW corner of Pulaski St. and South McLean St. The floor is leased to, and fully occupied by a single tenant. The current lease runs through June 23, 2027, with a 3-year renewal option. Lots of natural light throughout the space with beautiful windows throughout and overlooking the Logan County Courthouse. This property offers great walkability to nearby restaurants and retail stores. The building is currently fully occupied with professional offices. Offered at a 9% cap rate - this property is priced to sell! Call Todd Smith 217-441-8000
The median home value in Lincoln, IL is $134,900. This is higher than the county median home value of $110,400. The national median home value is $338,100. The average price of homes sold in Lincoln, IL is $134,900. Approximately 55.72% of Lincoln homes are owned, compared to 36.59% rented, while 7.69% are vacant. Lincoln real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lincoln real estate agent to arrange a tour today!
Lincoln, Illinois has a population of 13,217. Lincoln is less family-centric than the surrounding county with 22.45% of the households containing married families with children. The county average for households married with children is 28.07%.
The median household income in Lincoln, Illinois is $51,915. The median household income for the surrounding county is $59,809 compared to the national median of $69,021. The median age of people living in Lincoln is 39.1 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 38.3 inches per year, with 17.3 inches of snow per year.