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Lincoln, IL, 62656 • 62656 • Logan County
$49/sqft
Down payment assistance available
3Beds
5Baths
12,000Sqft
1922Built
Other Style
Built 1922 · 104 years of history
Not Applicable
62656
1-Car Garage
On Site · Garage Owned · Detached · Garage
This home is getting attention
Listed 174 days ago · 301 views · 4 saves
Demand and pricing signals for this listing
301 views
People checking out this listing
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174 days on market
Established listing
$49/sqft
Price per square foot
Single Family · Built 1922 · Historic
Step into a beautifully updated residential/commercial flex property in the heart of downtown Lincoln, Illinois. This versatile building blends historic charm with modern convenience, ideal for a variety of business ventures. Plus, it comes with a spacious three-bedroom apartment upstairs, complete with a flex room, full kitchen, oversized living room, updated amenities, and private garage parking for residents. The property has seen extensive updates since 2016, including new windows, flooring, roofing, energy-efficient LED lighting, and a reverse osmosis water system. Importantly, the owned solar panels are fully paid off by the sellers, offering sustainable energy solutions with no additional cost to the buyer. Inside, the retail space features beautiful tall tin ceilings, and plenty of storefront windows that flood the space with natural light. Attached to the main building is an additional retail location (not updated)-perfect as an accountant's office or boutique service space-providing a separate, private setting apart from the main retail area with the potential for additional income. The property also includes a full basement, offering ample space for storage. The building is within eyesight of other local businesses and restaurants, and the Amtrak station is just a short distance away, adding convenience for both business owners and tenants. The vibrant downtown location ensures steady foot traffic thanks to a variety of community events. From Third Fridays in spring and summer to the Balloons Over 66 festival, Retail Therapy events, and holiday festivities, there's always something drawing people to this charming downtown. The supportive local business community and proximity to transportation hubs make this property a standout opportunity. Don't miss the chance to own a piece of Lincoln's lively downtown, where community spirit, modern amenities, and an unbeatable location come together seamlessly.
Standout features identified
Our analysis highlights beautiful tall tin ceilings, flex room, and full kitchen as key attractions of this home.
Based on current rates
Est. 6.21% rate · 30yr fixed · $471,920 loan
Full calculator →Key facts and listing details
5 categories of property features
19 rooms detailed
Master Bedroom
ThirdBedroom2
ThirdBedroom3
ThirdBedroom4
Other
Other
Market data and value estimates
3 schools rated nearby
Lincoln, IL, 62656
4 events
Local context around this listing
Lincoln, IL • Logan County
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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