ClosedPrice Reduced

$340,000

$350,000
1553 1800th Avenue, Lincoln, IL 62656
110 days
1553 1800th Avenue·Lincoln, IL 62656
1950Year Built
About This Home

Opportunity for investment! Most buildings within 10+ years old! Currently operated as warehouse space for various tenants, collecting $5800/month in various rents. So much further potential with over 7 acres to build more with all that concrete! Separate Building 1: Wood frame-70 X 42 with 5-14ft overheads doors. Building 2: Wood frame 42 X 50 with 3 overhead doors with secure building, insulated/heated, 1-14ft door & 2 10ft doors. Building #3-7 are all connected inside, all metal framed, can have separate tenants/space with over 30,000+ sq ft, with all concrete floors. Loading docks & roll up doors, truck scale pad, & private well/septic. Building 3- 80 X 40 with additional 20 X 40 space that is spray foam insulated. Building 4: 60 X 40. Building 5: 80 X 100 with 18ft overhead door, with additional 30 X 25 space. Buildings 6-7: Both are 50 X 100, all concrete floors! Let's talk possibilities! Camera's present, no showings or on premises without appointment please!

MLS# 11877416Listed September 5, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built1950
Lot Size7.470 acres

Location

CountyLogan
TownshipEast Lincoln
Zip Code62656

Financial

List Price$340,000
Original Price$350,000
Annual Taxes (2022)$9,953
Monthly Tax Est.$829
Parcel #0803600220
Interior Features

Flooring

Concrete

Cooling

None
Utilities & Parking

Sewer

Septic Tank

Water Source

Well

Electric

Ameren
Tax & Financial
Annual Taxes
$9,953
Tax Year 2022
Monthly Tax Est.
$829
per month
Price Reduced by $10,000
Original list price: $350,000
Property Location

1553 1800th Avenue, Lincoln, IL 62656Logan County

$340,000
1553 1800th Avenue
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
110 days on market
7.470 acres
$9,953/yr taxes
Price reduced $10,000
$2,616
estimated monthly payment
Principal & Interest
$1,787/mo
Property Tax
$829/mo
$340,000
20% — $68,000
3%50%
6.875%
3%12%
Loan Amount
$272,000
Down Payment
$68,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Real Estate Group
Agent: Bev Virgil
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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