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300 Keokuk St - The Campus of Lincoln College

50 Acres of Residential Land Offered at $4,900,000 in Lincoln, IL 62656

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Investment Highlights

50 acre main campus plus 20 acre environmental center and and 11.2 acre, 2.2 mw solar field
60,000 SF Lincoln Center featuring gymnasium and Lincoln Heritage Museum

Resident housing with 450 beds

Executive Summary

The property may be purchased with or without the Lincoln Heritage museum.

Lincoln College Marketing Brochure.pptx

Property Facts

Price	$4,900,000	Property Subtype	Residential
Sale Type	Investment or Owner User	Total Lot Size	50.00 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$4,900,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	50.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$4,900,000	Lot Size	50.00 AC
Price Per AC	$98,000.00

Price	$4,900,000
Price Per AC	$98,000.00
Lot Size	50.00 AC

50 acres, improved with academic buildings, residence halls, recreational facilities, performing arts theater, and other administrative buildings.

Description

50 acre parcel belonging to the now closed Lincoln College. Property features residence halls containing 450 beds, performing arts center, the 60,000 SF Lincoln Center (with gymnasium) and Lincoln Heritage Museum, library, and academic buildings. Property that will convey also includes the 20 acre Campbell Creekside Environmental Center and an 11.2 acre 2.2 megawatt, behind the meter, solar field. Main campus zoning includes schools, hospitals, and institutions as a Conditional Use.

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 08-030-044-00 08-030-031-80 08-230-171-00	Improvements Assessment	$1,487,570
Land Assessment	$1,272,940	Total Assessment	$2,760,510

PROPERTY TAXES

Parcel Numbers

Multiple

08-030-044-00
08-030-031-80
08-230-171-00

Land Assessment

$1,272,940

Improvements Assessment

$1,487,570

Total Assessment

$2,760,510

zoning

Zoning Code	R-1 and R-2 (Public or private community facilities such as schools, churches, recreational facilities, hospitals, and institutions are a Conditional Use)
R-1 and R-2 (Public or private community facilities such as schools, churches, recreational facilities, hospitals, and institutions are a Conditional Use)