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Step into a beautifully updated residential/commercial flex property in the heart of downtown Lincoln, Illinois. This versatile building blends historic charm with modern convenience, ideal for a variety of business ventures. Plus, it comes with a spacious three-bedroom apartment upstairs, complete with a flex room, full kitchen, oversized living room, updated amenities, and private garage parking for residents. The property has seen extensive updates since 2016, including new windows, flooring, roofing, energy-efficient LED lighting, and a reverse osmosis water system. Importantly, the owned solar panels are fully paid off by the sellers, offering sustainable energy solutions with no additional cost to the buyer. Inside, the retail space features beautiful tall tin ceilings, and plenty of storefront windows that flood the space with natural light. Attached to the main building is an additional retail location (not updated)-perfect as an accountant's office or boutique service space-providing a separate, private setting apart from the main retail area with the potential for additional income. The property also includes a full basement, offering ample space for storage. The building is within eyesight of other local businesses and restaurants, and the Amtrak station is just a short distance away, adding convenience for both business owners and tenants. The vibrant downtown location ensures steady foot traffic thanks to a variety of community events. From Third Fridays in spring and summer to the Balloons Over 66 festival, Retail Therapy events, and holiday festivities, there's always something drawing people to this charming downtown. The supportive local business community and proximity to transportation hubs make this property a standout opportunity. Don't miss the chance to own a piece of Lincoln's lively downtown, where community spirit, modern amenities, and an unbeatable location come together seamlessly.
| DAYS ON MARKET | 13 | LAST UPDATED | 10/15/2025 |
|---|---|---|---|
| TRACT | Not Applicable | YEAR BUILT | 1922 |
| COMMUNITY | Lincoln | GARAGE SPACES | 1.0 |
| COUNTY | Logan | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| School District | Lincoln High School |
|---|---|
| Elementary School | Central Elementary School |
| Jr. High School | Lincoln Jr High School |
| High School | Lincoln High School |
| ADDITIONAL DETAILS | |
| AREA | Lincoln |
|---|---|
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Brick |
| GARAGE | Yes |
| HEAT | Electric |
| INTERIOR | Pantry |
| LOT | 0 |
| LOT DIMENSIONS | 150x75x40x35x110x40 |
| PARKING | On Site, Detached, Garage |
| SEWER | Public Sewer |
| STYLE | Other |
| SUBDIVISION | Not Applicable |
| TAXES | 5523.24 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with BHHS Central Illinois, REALTORS
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Copyright 2025 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.