1230 5th Street Lincoln, IL ^$ 225,000

1230 5th Street

^$ 225,000

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Recently Listed

1230 5th Street

Lincoln, IL, 62656

^$ 225,000

Studio Baths0.0 Sq 5,004

Monthly Estimate*

^$ 1,572

1230 5th Street, Lincoln, IL 62656 - Image 1

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1230 5th Street, Lincoln, IL 62656 - Image 3

1230 5th Street, Lincoln, IL 62656 - Image 4

1230 5th Street, Lincoln, IL 62656 - Image 5

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1230 5th Street, Lincoln, IL 62656 - Image 10

Studio

Commercial Property for sale in Lincoln, IL

for $225,000. This 5,004 square foot building was built in 1940 on a lot size of 0.315289.

Formally Cafe Billiards Bar and Grill. They offered outdoor entertainment on the stage, restaurant seating inside and outside, bar and grill. Property has a commercial kitchen, bar seating, Beer coolers and freezers in the basement, Pool tables and various other items included in photos are not included in building sale. Confirm with selling broker when making your offer. Formally Cafe Billiards- partners broke up so building is now for sale. Their loss is your gain. Priced to sell quickly. Call or email anytime for showing.

Commercial Active

Price

^$ 225,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,325

Style

Lot Size

0.315289

Year Built

1940

Town/City

Lincoln

County/Region

Logan

MLS | Web ID

12035236

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Water-Municipal

Possession Closing

Zoning COMMR

Year Built 1940

Electric Circuit Breakers

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Operating Stops Taxes Insurance Repairs Roof Scavenger Structure Tax Stops Sewer Other

Stories 1

Township East Lincoln

Property SubType Free Standing Store Restaurant

Tax Year 2022

County Logan

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions Take I-74 west- to Lincoln Left onto east van Buren st Right onto IL-10 Right onto Keokuk St Left onto N Logan St Slight right onto 5th st Property on the right.

City Lincoln

MLS Area Lincoln

Lot Size Square Feet 13734

Street Name 5th

Tax Annual Amount 3325

Additional Parcels Y/N Y

Leasable Area 5004

Days on Market 7

Standard Status Active

Interior

Flooring Vinyl

Street Suffix Street

Exterior

Foundation Details Concrete Perimeter

Building Area Total 5004

Lot Dimensions 109 X 126

Exterior Vinyl Siding

* Excluded Features

List By

Cutting Edge Realty

Broker

kathyjames7653@gmail.com

Affordability Calculator

$1,849

Per Month

Monthly Principal & Interest: $1,572
Monthly Property Taxes: $277
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lincoln, IL

Average List Price ^$2,373,333

Percent of Sale Price 955%

About Lincoln, IL

13,796 Population

-9% Since 2002

^$48,180 Median Income

38.88 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/21/2024	$225,000		Listed Price

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1230 5th Street, Lincoln, IL, 62656 is a Commercial Property for sale at $225,000 with 5,004 sqft and a lot size of 0.315289. 1230 5th Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 62656 which is in Lincoln, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/12/2024.

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1230 5th Street

Commercial Property for sale in Lincoln, IL

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