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119 S Sangamon Street

Lincoln, IL 62656
  • $12,000
  • STATUS: Active
  • ON SITE: 119 Days
  • ID#: CA1022673
UPDATED: 53 min ago
$12,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Oh the stories these tired walls could tell! Situated just off of the historic downtown Lincoln, Illinois square, you will find this expansive three story brick structure with SO much history and SO much potential! Over the years, this structure has accommodated many needs and hosted countless people. Currently abandoned and in need of substantial repairs, at $12,000, you can pour your time, funds, and creative talents in to this property and truly reap rich rewards. Have a business on the main floor and rent out the upper levels for supplemental rental income -- or, whatever you see fit! Opportunity is not just knocking here, it is literally pounding! Property being sold AS IS, WHERE IS.

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© 2023 RMLS Alliance, 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 the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2023-10-03T18:45:18.547.
www.kathygarst.com/homes/140268440
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119 S Sangamon Street Lincoln, IL 62656

  • Price: $12,000
  • Status: Active
  • On Site: 119 Days
  • Updated: 53 min ago
  • ID#: CA1022673
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Lincoln
County:
Logan
Area:
Lincoln
Property Description
Oh the stories these tired walls could tell! Situated just off of the historic downtown Lincoln, Illinois square, you will find this expansive three story brick structure with SO much history and SO much potential! Over the years, this structure has accommodated many needs and hosted countless people. Currently abandoned and in need of substantial repairs, at $12,000, you can pour your time, funds, and creative talents in to this property and truly reap rich rewards. Have a business on the main floor and rent out the upper levels for supplemental rental income -- or, whatever you see fit! Opportunity is not just knocking here, it is literally pounding! Property being sold AS IS, WHERE IS.
Exterior Features

Construction Materials Brick Roof MetalSloped

Interior Features

Building Area Total 11488 Cooling None Flooring CarpetOtherTile/VinylWood Heating None

Property Features

Agent Owned No Financing Cash OnlyConventional Frontage Type City Street Levels Three Lot Size Dimensions 40X150 Net Operating Income -1215 Possible Use Bar/TavernOfficeOtherRestaurant Sewer Public Sewer Tax Annual Amount 1214.74 Tax Incentive1 None Tax Year 2022 Type Commercial Water Source Municipal/City Zoning Commercial

Listing provided courtesy of Seth Goodman of Me Realty: .
© 2023 RMLS Alliance, LLC. All Rights Reserved.


© 2023 RMLS Alliance, 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 the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2023-10-03T18:45:18.547.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711