Two commercial properties sold as a package just steps from downtown — SO MUCH OPPORTUNITY! Main floor of corner lot structure (200 S. Chicago Street) offers high ceilings, exposed brick, and amazing natural light that shines through various beveled glass windows. Upper level has been virtually gutted but could be refinished in to a luxury efficiency apartment (one wall is open to neighboring structure and will need to be closed off). Property also features a large basement. 202, 204 & 206 S. Chicago Street offers two retail locations plus two potential rental locations. Main floor features two separate executive retail spaces — both with separate exterior entry points. 202 is quaint and currently easily accommodates a retail business — 206 is wildly open with abundant natural light and various adjacent nooks/storage/work spaces. The front facing exterior access point addressed 204 leads upstairs to two separate residential locations. To the left, you will find a virtually gutted area that is currently open to adjacent structure (wall will need to be closed off). Straight ahead you will enter in to a large apartment with a wide hallway, updated kitchen, living area, two possible bedroom areas, laundry room, and a full hall bath. Property also features a full basement. Retail spaces currently bring in $2350/month — upper apartment could bring in an additional $800+/month! Rare opportunity to own this historic commercially zoned property!
200 CHICAGO Street 202 Lincoln, IL 62656
Price Reduced
For Sale
200 CHICAGO Street 202
Lincoln, IL 62656
Price: $210,000
Type:
Commercial Sale
Commercial
Agent:
Seth Goodman
Agent Phone: 217-737-3742
Agent Email: sethsellslincoln@gmail.com
Broker:
ME Realty
Broker Phone: 217-735-5424
Broker Email: diane.merealty@gmail.com