100 East Lincoln Avenue

Hinckley, IL 60520

$625,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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!
  1. Listed by Jayne Menne • Willow Real Estate, Inc

Property Details for 100 East Lincoln Avenue

Area
Hinckley
Township
Squaw Grove
Zoning
COMMR

Location

Listing Courtesy of Willow Real Estate, Inc
Add your commute
LISTING UPDATED: 04/29/2024 12:30 AM

Property Details for 100 East Lincoln Avenue

StatusActive
MLS #11886928
Days on Market227
Taxes$13,338 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1900
Lot Size0.14 AC / 6,275 SF
CountyDeKalb County

Location

Listing Courtesy of Willow Real Estate, Inc
Add your commute

Building Information for 100 East Lincoln Avenue

Stories-Residences6Year Built1900Lot Size0.14 AC / 6,275 SF

Payment Calculator

$4,522 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

$1,112

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 100 East Lincoln Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Geographic Locale: Far West
  • Information: No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Separate Meters
  • Flooring: Varies
  • Heat/Ventilation: Electric
  • Misc Inside: Multi-Tenant,Private Restroom/s,Public Restroom/s,Basement
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 6,275 SQ FT
  • Lot Size Square Feet: 6275.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Smoke or Fire Protectors
  • Building Area Total: 9022
  • # Of Offices: 0
  • Other SqFt: 4037
  • Retail SqFt: 4985
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2023-09-25T17:28:18
  • Photos Count: 69
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $86,664.00
  • Gross Scheduled Income: $86,664.00
  • Insurance Expense: $7,251.00
  • Total Monthly Income: 7222
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 100 East Lincoln Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 100 East Lincoln Avenue

Taxable ValueLand$38,988Additions$139,220Total$178,208
Home Facts
StyleMiscellaneous CommercialCountyDEKALBAPN15-14-301-019

Schools near 100 East Lincoln Avenue

This home is within Hinckley Big Rock Community Unit School District 429.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hinckley-Big Rock Elementary School
PublicPK to 5

Hinckley-Big Rock Middle School
Public6 to 8

Hinckley-Big Rock High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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100 East Lincoln Avenue is a mixed use property for sale in Hinckley, IL 60520. This property was listed for sale on September 19, 2023 by Willow Real Estate, Inc, it's currently listed at $625,000. This listing's school district is Hinckley Big Rock Community Unit School District 429. Nearby schools include Hinckley-Big Rock Elementary School, Hinckley-Big Rock Middle School and Hinckley-Big Rock High School. 100 East Lincoln Avenue is a 0-bed, 0-bath, mixed use property built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Willow Real Estate, Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 04/29/2024 12:30 AM. 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.