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1760 5TH Street

Lincoln, IL 62656
  • $225,000
  • STATUS: Active
  • ON SITE: 63 Days
  • ID#: CA1014753
UPDATED: 79 min ago
$225,000
  • 0
    BEDS
  • 1.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1978
County:
Area:

School Ratings & Info

Description

Superb commercial building situated just off of historic Route 66 & I55 in Lincoln. Building features a front facing office area as well as a bathroom. Office area features a separate gas forced air furnace as well as a central air conditioning unit. Office area has a floored area above with a walk-up staircase for additional storage space. Remainder of building is open with concrete floors. Main area of structure is heated by 8 gas heaters (450,000 BTU per unit) along with two oil heaters. A 51 foot floor drain can also be found within. Ceilings & sidewalls are insulated -- air lines have been installed throughout structure. Five overhead doors includes a 10X12 loading dock on the side and 4 - 14x14 drive in doors. 3 Phase electrical and Currently leased for income.

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© 2022 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: 2022-08-09T18:45:25.44.
www.kathygarst.com/homes/129567507
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1760 5TH Street Lincoln, IL 62656

  • Price: $225,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 79 min ago
  • ID#: CA1014753
0
Beds
0
Baths
0
½ Baths
1.22
Acres
1978
Built
Neighborhood:
Lincoln
County:
Logan
Area:
Lincoln
Property Description
Superb commercial building situated just off of historic Route 66 & I55 in Lincoln. Building features a front facing office area as well as a bathroom. Office area features a separate gas forced air furnace as well as a central air conditioning unit. Office area has a floored area above with a walk-up staircase for additional storage space. Remainder of building is open with concrete floors. Main area of structure is heated by 8 gas heaters (450,000 BTU per unit) along with two oil heaters. A 51 foot floor drain can also be found within. Ceilings & sidewalls are insulated -- air lines have been installed throughout structure. Five overhead doors includes a 10X12 loading dock on the side and 4 - 14x14 drive in doors. 3 Phase electrical and Currently leased for income.
Exterior Features

Construction Materials Steel/Wd FrameAluminum Siding Fenced YN No Number Dock Doors 1 Number Drive In Doors 4 Number Rail Doors 0 Parking Total 50 Roof Metal

Interior Features

Building Area Total 6375 Cooling Central Air Flooring Concrete Handicap Modified No Heating Forced AirOilGas

Property Features

100 Year Flood Plain No Agent Owned No Building Name Smith Disclosed Short Sale No Financing Negotiable For Lease YN No For Sale YN Yes Foreclosure YN No Frontage Type Frontage RoadGravel Gross Income 18500 Gross Operating Income 25000 Irregular Lot YN No Lease Term Month To Month Levels TwoFree StandingSingle Tenant Net Operating Income 12005 Owner Pays Taxes Possible Use WarehouseFlex SpaceManufacturingOtherRefrigerated/Cold StorageTruck TerminalFreestanding BuildingPost OfficeVehicle RelatedIndustrialInvestment Security System YN No Sewer Public Sewer Sprinkler YN No Tax Annual Amount 6495.05 Tax Incentive1 None Tax Year 2020 Tenant Pays CoolingElectricityGasHeatInternal MaintenanceJanitorial ServiceTrash CollectionWater/Sewer Type Commercial Underground Storage Tank YN No Virtually Stage YN No Water Source City Water/Connected Zoning Commercial

Listing provided courtesy of Jerry George of The Real Estate Group, Inc..
© 2022 RMLS Alliance, LLC. All Rights Reserved.


© 2022 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: 2022-08-09T18:45:25.44.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711