1015 Lincoln HwyDeKalb, IL 60115

  • Commercial real estate
  • 1.64 AC

Property Details for 1015 Lincoln Hwy

Lot size
1.64 AC
Property type
Commercial real estate
APN
08-22-151-045
APU
822151045

Description

This exceptional retail property, located at 1015 W Lincoln Hwy (Route 38) in DeKalb, IL 60115, offers 9,797 square feet of space in a single-story building. Three units are currently available, ranging from 1,050 to 2,977 contiguous square feet, with a maximum of 2,977 square feet available. The property boasts a total of five suites and features ample parking with 120 spaces. Benefit from a prime location near Annie Glidden Rd., enjoying high visibility with a 12-foot monument sign on Lincoln Highway. This high-traffic area sees over 25,000 vehicles per day. The property is strategically positioned near Northern Illinois University, with a 35,000+ daytime student population within a one-mile radius and a total population of 54,000+ within five miles. Enjoy proximity to established businesses such as Starbucks (the only drive-thru in DeKalb and Sycamore), Chipotle, and Potbelly. Furthermore, the property is a short three-minute walk from three student housing complexes accommodating over 900 students. This presents a unique opportunity to tap into a robust and densely populated market. The property is ideal for a variety of retail uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,764,370
    Hospitality
    $13,524,083
    Educational
    $11,251,878
    Medical
    $11,638,848
    Retail
    $17,502,922

Location Insight

City
Dekalb
County
Dekalb
State
Illinois
Latitude
41.9317
Longitude
-88.772
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,471
$94,128
$80,856
$174,984
-
$282,384
$242,568
$524,952

FAQs

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