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1553 1800th Avenue

lincoln, IL 62656
  • $350,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 11877416
UPDATED: 83 min ago
$350,000
  • 0
    BEDS
  • 7.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

Opportunity for investment! Current owner is collecting $5600/month in various rents. So much further potential with just shy of 8 acres to build more with all that concrete! Separate Building 1: Wood frame-70 X 42 with 5-14ft overheads doors, and currently rented. Building 2: Wood frame 42 X 50 with 3 overhead doors with secure building, insulated/heated, 1-14ft door & 2 10ft doors-currently rented. Building #3-7 are all connected inside and all metal framed, but can have separate tenants/space with over 30,000+ sq ft, with concrete floors. Loading docks & roll up doors, truck scale pad, & private well/septic. Building 3 & 4-rented. 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--rented. Buildings 6-7: Both are 50 X 100, all concrete floors! Building 6-rented. Most buildings are only 10+ years old. Let's talk possibilities! Camera's present, no showings or on premises without appointment please!

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Main Place Real Estate. Based on information submitted to the MRED as of 2023-10-03T21:58:21.107 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1553 1800th Avenue lincoln, IL 62656

  • Price: $350,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 83 min ago
  • MLS #: 11877416
0
Beds
0
Baths
0
½ Baths
7.47
Acres
1950
Built
Neighborhood:
Lincoln
County:
Logan
Area:
Lincoln
Property Description
Opportunity for investment! Current owner is collecting $5600/month in various rents. So much further potential with just shy of 8 acres to build more with all that concrete! Separate Building 1: Wood frame-70 X 42 with 5-14ft overheads doors, and currently rented. Building 2: Wood frame 42 X 50 with 3 overhead doors with secure building, insulated/heated, 1-14ft door & 2 10ft doors-currently rented. Building #3-7 are all connected inside and all metal framed, but can have separate tenants/space with over 30,000+ sq ft, with concrete floors. Loading docks & roll up doors, truck scale pad, & private well/septic. Building 3 & 4-rented. 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--rented. Buildings 6-7: Both are 50 X 100, all concrete floors! Building 6-rented. Most buildings are only 10+ years old. Let's talk possibilities! Camera's present, no showings or on premises without appointment please!
Exterior Features

Docks Exterior

Interior Features

Cooling None Flooring Concrete Heat Ventilation Propane Miscellaneous Inside Multi-TenantOverhead Door/S Number Of TLDocks 1

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 30200 Built Before1978 YN Yes Electric Ameren Fire Protection None Geographic Locale Central Illinois Gross Income 51600 Gross Scheduled Income 51600 Leasable Area 30200 Mls Actual Status Active Net Operating Income 39127 Number Of Tenants 6 Operating Expense 2520 Ownership Types Individual Possible Use Industrial Property Offered For Sale Only Property Sub Type Manufacturing / Warehousing Tax Annual Amount 9952.76 Tax Year 2022 Tenant Pays Varies By Tenant Total Monthly Income 4300 Township East Lincoln Type Industrial Utilities Electric To SiteGas NearbyGas To SiteSeptic-PrivateWell Private Zoning Indus

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Real Estate Group: 309-662-9333.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Main Place Real Estate. Based on information submitted to the MRED as of 2023-10-03T21:58:21.107 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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