3 207 MCLEAN Lincoln IL 62656

Commercial Sale
$ 345,500.00
  • Property ID: 296821
  • Date added: 06/26/23
  • OriginalListPrice: 345500
  • Post Updated: 2023-11-11 00:36:20
  • Type:
  • Status:
  • MLS #: RMACA1019684

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Description

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 tenant lease runs through March 2024, with a second 5-year renewal option available until 2029. 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

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Location Details

  • County: Logan
  • Directions to Property: South west of logan county courthouse at corner of Pulaski St. and South McLean St. T
  • Zoning: C-1

Property Features

  • MlgCanView: 1
  • ADDITIONAL AMENITIES: Lincoln

Fees & Taxes

  • TaxAnnualAmount: 22555.4

Miscellaneous

  • PROPERTY USE: Investment, Office
  • Net Operating Income: -22555

Courtesy of

  • Office Name: Todd P Smith Real Estate

This style property is located in Lincoln is currently and has been listed on Rhoades Real Estate. This property is listed at $ 345,500.00. It has bedrooms, bathrooms, and is . The property was built in year.

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  • NEWS

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