2775 Woodlawn RdLincoln, IL 62656

Property Details for 2775 Woodlawn Rd

Lot size

1.63 AC

Property type

Commercial real estate

APN

12-027-015-97

APU

1202701597

Description

This exceptional restaurant property, located at 2775 Woodlawn Rd in Lincoln, Illinois, presents a lucrative investment opportunity. Boasting a prime location at a signalized intersection, this 2,100 square foot establishment benefits from high visibility and convenient access for customers. The property includes a valuable drive-thru feature, enhancing operational efficiency and customer convenience. Situated on a sizable 1.4-acre lot, the property offers ample space for potential expansion or outdoor seating. The asking price is $450,000, translating to $214.29 per square foot. This represents a strong value proposition in the competitive Lincoln, Illinois market. The building itself is well-maintained and ready for immediate occupancy, making it an ideal acquisition for an experienced restaurateur or a savvy investor seeking a proven business model. The property's strategic location and existing infrastructure provide a solid foundation for continued success and growth. The high-rise pylon signage ensures excellent brand visibility. This turnkey operation is ready for a new owner to step in and capitalize on its established presence. Serious inquiries are encouraged. The property is zoned for commercial use and is located in Logan County, Illinois, zip code 62656.

• Alternative Use

  Use

  Valuation

  Residential

  $21,743,396

  Hospitality

  $19,916,834

  Educational

  $16,570,572

  Medical

  $17,140,460

  Retail

  $25,776,446

Location Insight

City

Lincoln

County

Logan

State

Illinois

Latitude

40.1571

Longitude

-89.4077

CBSA code

30660

CBSA name

LINCOLN, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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