1351 Lincoln AveJacksonville, IL 62650

  • Other commercial real estate
  • 0.96 AC
For Sale
$640,000 View listing

Property Details for 1351 Lincoln Ave

Lot size
0.96 AC
Property type
Other commercial real estate
APN
09-30-202-002
APU
930202002

Description

This exceptional Jacksonville, IL commercial property at 1351 Lincoln Avenue presents a unique investment opportunity. The property consists of a high-quality, two-level executive office building totaling just over 10,087 square feet on a single lot (APN: 0930202002). The main level offers approximately 5,087 square feet of finished space, while the lower level comprises approximately 5,000 square feet, partially finished. The building boasts an impressive design, featuring a large entry foyer, numerous spacious offices with abundant natural light, and a substantial boardroom. The layout is designed to allow for potential partial leasing, making it ideal for a variety of uses. Amenities include an elevator providing convenient access to the lower level, a prominent lighted masonry monument sign for excellent visibility, a large bank vault offering secure storage, ample workrooms, and extensive storage space. The building also features a convenient drive-up access. This single-tenant property is situated in Jacksonville, IL, zip code 62650, and offers a rare combination of size, functionality, and prime location. The property is classified as Land and Office, with a single building and suite. This is a truly impressive commercial property ready for its next chapter.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,806,013
    Hospitality
    $11,730,239
    Educational
    $9,759,421
    Medical
    $10,095,063
    Retail
    $15,181,322
1351 Lincoln Ave, Jacksonville, Illinois

Location Insight

City
Jacksonville
County
Morgan
State
Illinois
Latitude
39.7168
Longitude
-90.2487
CBSA code
27300
CBSA name
JACKSONVILLE, IL MICROPOLITAN 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
2022
$16,539
$27,880
$159,880
$187,760
-
$83,640
$479,640
$563,280

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