Listed by ToddP Smith • Todd P Smith Real Estate
$345,500
Est. payment /mo
4,120 SqFt
Active
207 S MCLEAN ST #3 Lincoln, IL 62656
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UPDATED:
11/21/2024 08:01 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,120 sqft
Price per Sqft $83
MLS Listing ID CA1019684
Originating Board rmlsa
Annual Tax Amount $22,555
Property Sub-Type Commercial
Property 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 lease runs through June 23, 2027, with a 3-year renewal option. 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
Location
State IL
County Logan
Area Lincoln
Zoning C-1
Direction South west of logan county courthouse at corner of Pulaski St. and South McLean St. T
Interior
Fireplace N
Exterior
View true
Garage 1
Building
Faces South west of logan county courthouse at corner of Pulaski St. and South McLean St. T
Others
Tax ID 08-210-199-00