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000 E Lincoln Street Waterman, IL $ 375,000
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$ 375,000 Get more info
000 E Lincoln Street
$ 375,000
Back to search
Share Save

000 E Lincoln Street

Waterman, IL, 60556
$ 375,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,340

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Commercial Property for sale in Waterman, IL

for $375,000. This building was built in 1900 on a lot size of 0.064463.

Great investment opportunity in the heart of Waterman! Own a piece of local history with this mixed-use building located right on Route 30 in the center of downtown. The property features three upstairs apartments-two of which are currently rented, with one vacant-plus a street-level apartment that is also vacant. In addition, there are two storefront commercial spaces, one currently leased and the other available, offering excellent potential for rental income or owner-occupancy. Whether you're an investor looking to expand your portfolio or a buyer hoping to live and work in the same space, this property provides versatility, visibility, and value. Don't miss this unique opportunity in a prime location!

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Commercial Active

Price

$ 375,000

Property Type

Commercial

Taxes

$ 4,512

Style

Lot Size

0.064463

Year Built

1900

Town/City

Waterman

County/Region

De Kalb

MLS | Web ID

12381318
Features
General
Cooling None
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1900
Electric Circuit Breakers
Stories Count 2
Township Clinton
Property Subtype Mixed Use
Tax Year 2023
Gross Income 0
County DeKalb
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Retail
Status Active
Directions North West Corner of Cedar Street and US Route 30.
City Waterman
Number Of Units Total 6
MLS Area Waterman
Lot Size Square Feet 2808
Tax Annual Amount 4512.96
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Interior
Flooring Carpet Vinyl
Total Fireplaces 0
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Exterior
Foundation Details Block Brick/Mortar Concrete Perimeter Stone
Lot Dimensions 26X108
Frontage Type City Street State Road
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* Excluded Features
List By
Coldwell Banker Real Estate Group

Broker

ngudmunson@coldwellhomes.com

Email

Affordability Calculator

$2,716
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,340
Monthly Property Taxes
$376
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/7/2025$375,000 Listed Price

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000 E Lincoln Street, Waterman, IL, 60556 is a Commercial Property for sale at $375,000 with a lot size of 0.064463. 000 E Lincoln Street was built in 1900. The property's zip code is 60556 which is in Waterman, IL

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