119 SANGAMON Lincoln IL 62656

$ 12,000.00
  • Property ID: 301404
  • Date added: 06/27/23
  • OriginalListPrice: 15000
  • Post Updated: 2024-02-17 03:56:05
  • Type:
  • Status:
  • Lot size: 6000 sq ft
  • MLS #: RMACA1022673

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Description

Oh the stories these tired walls could tell! Situated just off of the historic downtown Lincoln, Illinois square, you will find this expansive three story brick structure with SO much history and SO much potential! Over the years, this structure has accommodated many needs and hosted countless people. Currently abandoned and in need of substantial repairs, at $12,000, you can pour your time, funds, and creative talents in to this property and truly reap rich rewards. Have a business on the main floor and rent out the upper levels for supplemental rental income — or, whatever you see fit! Opportunity is not just knocking here, it is literally pounding! Property being sold AS IS, WHERE IS.

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Location Details

  • County: Logan
  • Directions to Property: Property is located at 119 S. Sangamon Street, Lincoln.
  • Zoning: Commercial

Property Details

  • BuildingAreaTotal: 11488
  • Cooling: None
  • Levels: Three

Property Features

  • MlgCanView: 1
  • HEATING: None
  • FRONTAGE/ACCESS: City Street
  • FLOORING: Carpet, Other, Tile/Vinyl, Wood
  • SEWER SOURCE: Public Sewer
  • WATER SUPPLY: Municipal/City
  • ADDITIONAL AMENITIES: Lincoln

Fees & Taxes

  • Tax Year: 2022
  • TaxAnnualAmount: 1214.74

Miscellaneous

  • PROPERTY USE: Bar/Tavern, Office, Other, Restaurant
  • Net Operating Income: -1215

Courtesy of

  • Office Name: ME Realty

This style property is located in Lincoln is currently and has been listed on Rhoades Real Estate. This property is listed at $ 12,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

  • 130 N. Main Street Canton, IL 61520

  • (309) 647-8811

  • RhoadesRealtors@gmail.com