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801 W Lincoln Ave

10,400 SF Retail Building Charleston, IL 61920 $550,000 ($53/SF)

Investment Highlights

  • ***Assessed value listed below of $173,945 is for tax purposes only. The fair market value is considered $521,890.
  • Maintenance Area 40’ x 60’ x 20’ H; 4-Overhead 12’ x 12’ insulated doors, electric openers; Metal panel interior walls & ceiling;
  • Back room: Overhead door 10’ W x 8’ H
  • Entrance drives: 2 on Lincoln Av & 1 on Davis St.
  • Canopy 20” x 40’ on North side of building; Wash bay under canopy
  • Corner Lot, Size: 180 ft x 200 ft. Located on major street

Executive Summary

This Five Star Rental corner lot in Charleston, IL is currently listed for sale by the owner. The owner currently occupies the space, however they can be out in 30 days.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,400 SF
Building Class
B
Year Built
2001
Price
$550,000
Price Per SF
$53
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Land Acres
0.83 AC
Opportunity Zone
Yes
Zoning
C-2 - General Commercial
Parking
24 Spaces (2.31 Spaces per 1,000 SF Leased)
Frontage
200 FT on W. Lincoln Avenue

About 801 W Lincoln Ave , Charleston, IL 61920

This fully insulated 10,400 square feet retail building was delivered in 2001 and is zoned C-2, (General Commercial). Amenities include a double furnace with central heat and AC, 400 Amp single phase electrical, a carpet & tile showroom, office space, and handicap-accessible men's and ladies' restrooms. The upstairs area measures 20' x 60'. It is fully carpeted with a kitchen and full bath. The parcel of land it resides on measures 180 ft x 200 ft or 0.83 acres. Key features include a chain link fence, two rolling gates, and two entrances.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-1-06502-000
Land Assessment
$114,415 (2023)
Improvements Assessment
$69,881 (2023)
Total Assessment
$184,296 (2023)
  • Listing ID: 18669705

  • Date on Market: 2/27/2020

  • Last Updated:

  • Address: 801 W Lincoln Ave, Charleston, IL 61920

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