100 E Lincoln Avenue Active

Hinckley,IL 60520

$ 620000

- Bed

- Bath

9022 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,022 sqft

Price per Sqft $68

MLS Listing ID 11886928

Year Built 1900

Annual Tax Amount $14,587

Tax Year 2023

Lot Dimensions 6,275 SQ FT

Property Description

EXCEPTIONAL PROPERTY - completely renovated in 2008 & MORE renovations in 2024! Welcome to Hinckley - a bustling small-town community, complete with restaurants, library, schools, grocery store, park, gas station, laundromat, vintage and new homes alike, just minutes from tollway access! Anchored in the middle of downtown is this gorgeous, eye-catching, showpiece of a building featuring 6 total units with 3 commercial spaces on the main floor and 3 apartments on the second floor. Units 1-3 are currently combined into one fully-rented AWESOME restaurant (Restaurant Business is NOT for sale) on the main corner IN THE CENTER OF TOWN featuring outstanding artwork on the exterior of the building by local artists reflecting Hinckley's charm & character. Units 4-6 are "loft-style" residential apartments which have also been beautifully renovated to reflect the history of the property but with modern amenities including original hardwood floors, natural woodwork, pocket doors, exposed brick, updated kitchens, baths, each with their own laundry. You would expect to see apartments like this in Manhattan! This property is an excellent investment and easily leased! One of the Owners is a Licensed Real Estate Broker and related to the Listing Broker. Building is for sale - business is not. Location, location, location - not just where it's situated in town, but check out the access to NS and EW tollways. This is a MUST-SEE! TOTAL REMODEL to code in 2008 and recent updates in 2024 include: 3 NEW furnaces (W side), Apt #5 - New carpet, LVP flooring, dishwasher. Apt #4 - Some new carpet/paint. Apt #6 - Some new carpet & paint, Arcade in Restaurant - New Drywall, flooring, paint.

Location

State IL

County Dekalb

Zoning COMMR

Interior

Cooling Central Air,Window Unit(s)

Flooring Varies

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick

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