IL > Lincoln
Lincoln, IL 62656,525 WOODLAWN RD
Lincoln, IL 62656,525 WOODLAWN RD
Lincoln, IL 62656,525 WOODLAWN RD
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Nate Arnold • ME Realty
$310,000
Est. payment /mo
15,624 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 15,624 sqft

Price per Sqft $19

MLS Listing ID CA1040715

Annual Tax Amount $12,537

Property Sub-Type Commercial

Source rmlsa

Property Description

Situated on one of Lincoln's busiest roads, 525 Woodlawn offers a total of 14 different units and endless possibilities. The main building (masonry construction) houses 12 individual units totaling 13,544 square feet and is bookended by two standalone pole construction buildings: 501 Woodlawn Rd. (800 square feet) and 533 Woodlawn Rd. (1200 square feet built 2017). Current tenants include a boutique jewelry store, a bakery, a barber, a gaming store and more. There are currently 9 units being rented generating roughly $4200 per month in revenue. Whether you're a seasoned commercial investor, a local business owner looking to occupy and offset costs with rental income, or simply aspiring to own a prime piece of commercial real estate, with over 15,500 square feet of space, 525 Woodlawn Rd. checks every box! This property has been owned by the same family for decades, and properties like this don't become available for sale very often. Don't let this one one pass you by! Contact the agent of your choice to schedule a showing today.

Location

State IL

County Logan

Area Lincoln

Zoning Commercial

Direction Property is located at 525 Woodlawn Road, Lincoln

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Multi Units, Wall/Window Unit(s)

Flooring Tile

Fireplace N

Exterior

View true

Roof Type Composition

Garage 1

Building

Faces Property is located at 525 Woodlawn Road, Lincoln

Sewer Public Sewer

Water Municipal/City

Structure Type Block,Brick,Frame

Others

Tax ID 12-025-031-00

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Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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525 WOODLAWN RD

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