401 Limit Street Lincoln, IL $ 250,000
401 Limit Street
$ 250,000
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401 Limit Street

Lincoln, IL, 62656
$ 250,000
Bedrooms-- Baths-- Sq 2,220

Monthly Estimate*

$ 1,560

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Commercial Property for sale in Lincoln, IL

for $250,000. This 2,220 square foot building was built in 1977.

Don't miss your chance at owning this turn-key thriving bar in Lincoln, IL. This well-established business offers a party room, ideal for private events and gatherings, with ample space to accommodate various functions, a vibrant outdoor area perfect for al fresco drinks and socializing. This establishments offers a wet and dry bar & (2) storage areas as well as up to date restrooms. Prime location, fully equipped bar set-up, fresh interior design, and loyal customer base. This bar combines a fun atmosphere with practical amenities, offering both a strong foundation and exciting growth potential. Whether you're an experienced operator or a passionate entrepreneur, this venue is ready to turn your vision into reality.

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Commercial Active

Price

$ 250,000

Property Type

Commercial

Taxes

$ 2,432

Style

Year Built

1977

Town/City

Lincoln

County/Region

Logan

MLS | Web ID

12165693

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick Wood Vinyl Siding
Year Built 1977
Electric Circuit Breakers
Stories Count 1
Property Subtype Retail
Tax Year 2023
County Logan
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions Intersection of Tremont and Limit Street in Lincoln IL
City Lincoln
Number Of Units Total 1
MLS Area Lincoln
Lot Size Square Feet 0
Tax Annual Amount 2432.36
Additional Parcels Y/N N
Leasable Area 2220
Standard Status Active
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Exterior
Building Area Total 2220
Lot Dimensions 0
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* Excluded Features
List By
Coldwell Banker Commercial Real Estate Group

Broker

Gmudge@cbcregroup.com

Email

Affordability Calculator

$1,762
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,560
Monthly Property Taxes
$203
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2025$250,000 -28.57% Price Down
9/17/2024$350,000 Listed Price

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401 Limit Street, Lincoln, IL, 62656 is a Commercial Property for sale at $250,000 with 2,220 sqft. 401 Limit Street was built in 1977. The property's zip code is 62656 which is in Lincoln, IL