126 East Lincolnway

Morrison, IL 61270

$99,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great Exposure with this commercial site! Located at the NW corner of the intersection with US Rt 30 (Lincoln Highway) and Illinois Rt 78. Lots of square footage for your "project" at 3278 ! All levels including the walk out basement are usable. The windows have been updated. This property has been a Church and Exercise center in the past. The asking price of $115,000 reflects that the roof will need to be replaced.Great Exposure with this commercial site! Located at the NW corner of the intersection with US Rt 30 (Lincoln Highway) and Illinois Rt 78. Lots of square footage for your "project" at 3278 ! All levels including the walk out basement are usable. The windows have been updated. This property has been a Church and Exercise center in the past. The asking price of $115,000 reflects that the roof will need to be replaced.
  1. Listed by Barbara Kophamer • RE/MAX Sauk Valley

Property Details for 126 East Lincolnway

Area
Morrison
Township
Mt. Pleasant
Num of Interior Fireplaces
0
Zoning
COMMR

Location

Listing Courtesy of RE/MAX Sauk Valley
Add your commute
LISTING UPDATED: 02/27/2024 12:07 AM

Property Details for 126 East Lincolnway

StatusActive
MLS #11841284
Days on Market333
Taxes$1,609 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built-
Lot Size0.17 AC / 7,500 SF
CountyWhiteside County

Location

Listing Courtesy of RE/MAX Sauk Valley
Add your commute

Building Information for 126 East Lincolnway

Stories-Residences1Year Built-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$679 per month

30 year fixed, 7.25% Interest

Principal and Interest

$545

Property Taxes

$134

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 126 East Lincolnway

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: US Highway
  • Geographic Locale: Far West
  • Information: Seller's Disclosure
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Carpet, Varies
  • # Of Washers: 0
  • Heat/Ventilation: Forced Air,Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 0
  • Washer/Dryer Lsd: No
  • Misc Inside: Common Exercise Room/s,Common Meeting Room/s,Public Restroom/s,Storage Inside,Basement
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Utilities / Equipment
  • Utilities: Electric to Site, Sanitary Sewer, Water-Municipal
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
  • Built Before 1978: No
  • Approximate Age: Older
  • Lot Dimensions: 64X124
  • Lot Size Square Feet: 7500.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Composition
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Pitched
  • Building Area Total: 3278
  • # Of Offices: 0
  • # Of Ranges: 0
  • # Of Stores: 2
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial
  • Documents Available: Aerial Map,Traffic Counts
  • Public Document Count: 0
  • Photos Count: 16
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $6,000.00
  • Fuel Expense: $1,500.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $4,549.00
  • Electric Expense Source: Combination
  • Expense Year: 2022
  • Total Annual Expense Source: Broker Projection
  • Fuel Expense Source: Combination
  • Insurance Expense Source: Owner Projection
  • Net Operating Income Year: 2022
  • Other Expense Source: Combination
  • Trash Expense Source: Combination
  • Total Monthly Income: 0
  • Water Expense Source: Combination
  • Net Operating Income: $.00
  • Operating Expense: $4,549.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $850.00

Property History for 126 East Lincolnway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 126 East Lincolnway

Taxable ValueLand$6,000Additions$13,046Total$19,046
Tax Record2022$1,609 ($134 / month)
Home Facts
Lot Size7,936 SqFtStyleMiscellaneous CommercialCountyWHITESIDEAPN0918256012

Schools near 126 East Lincolnway

This home is within Morrison Community Unit School District 6.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Northside School
PublicPK to 2

Southside School
Public3 to 5

Morrison Jr High School
Public6 to 8

Morrison 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

126 East Lincolnway is a mixed use property for sale in Morrison, IL 61270. This property was listed for sale on July 24, 2023 by RE/MAX Sauk Valley, it's currently listed at $99,900. This listing's school district is Morrison Community Unit School District 6. Nearby schools include Northside School, Southside School and Morrison Jr High School. 126 East Lincolnway is a 0-bed, 0-bath, mixed use property.

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 RE/MAX Sauk Valley

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.