120 Chicago StLincoln, IL 62656

Property Details for 120 Chicago St

Property type

Commercial real estate

APN

08-210-084-00

APU

821008400

Description

This exceptional investment opportunity presents two adjacent, two-story commercial buildings located in the heart of Lincoln, Illinois, at 120 S Chicago Street. Each building offers substantial square footage, totaling 5,838 square feet across both structures. Currently vacant, these properties have been unoccupied for several years, presenting a unique chance for a savvy investor to capitalize on their considerable potential. The buildings are being sold "AS IS," reflecting their need for renovation and repair. However, this condition also translates to significant upside for a buyer willing to undertake a refurbishment project. The commercial zoning allows for a wide range of potential uses, making these buildings suitable for various business ventures. The prime downtown location offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong returns on investment. Given the size and location, this property is ideal for redevelopment into a thriving commercial space, offering a substantial return for the right investor. The absence of existing tenants allows for complete customization and the creation of a space tailored to specific business needs. This is a rare opportunity to acquire a substantial downtown property with significant potential for growth and profitability. Act quickly to secure this promising investment.

Location Insight

City

Lincoln

County

Logan

State

Illinois

Latitude

40.1478

Longitude

-89.3627

CBSA code

30660

CBSA name

LINCOLN, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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