216 W Lincoln Highway, WATERMAN IL 60556 Photo 1 216 W Lincoln Highway, WATERMAN IL 60556 Photo 2 216 W Lincoln Highway, WATERMAN IL 60556 Photo 3 216 W Lincoln Highway, WATERMAN IL 60556 Photo 4 216 W Lincoln Highway, WATERMAN IL 60556 Photo 5 216 W Lincoln Highway, WATERMAN IL 60556 Photo 6 216 W Lincoln Highway, WATERMAN IL 60556 Photo 7 216 W Lincoln Highway, WATERMAN IL 60556 Photo 8 216 W Lincoln Highway, WATERMAN IL 60556 Photo 9 216 W Lincoln Highway, WATERMAN IL 60556 Photo 10 216 W Lincoln Highway, WATERMAN IL 60556 Photo 11 216 W Lincoln Highway, WATERMAN IL 60556 Photo 12 216 W Lincoln Highway, WATERMAN IL 60556 Photo 13 216 W Lincoln Highway, WATERMAN IL 60556 Photo 14 216 W Lincoln Highway, WATERMAN IL 60556 Photo 15 216 W Lincoln Highway, WATERMAN IL 60556 Photo 16 216 W Lincoln Highway, WATERMAN IL 60556 Photo 17 216 W Lincoln Highway, WATERMAN IL 60556 Photo 18 216 W Lincoln Highway, WATERMAN IL 60556 Photo 19 216 W Lincoln Highway, WATERMAN IL 60556 Photo 20 216 W Lincoln Highway, WATERMAN IL 60556 Photo 21 216 W Lincoln Highway, WATERMAN IL 60556 Photo 22 216 W Lincoln Highway, WATERMAN IL 60556 Photo 23 216 W Lincoln Highway, WATERMAN IL 60556 Photo 24 216 W Lincoln Highway, WATERMAN IL 60556 Photo 25
Listing Courtesy of Coldwell Banker Honig-Bell

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216 W Lincoln Highway - Unique property available in Downtown Waterman with store or office front. Perfect location for an ice cream parlor or gift shop. This building also includes 2 apartments. The building is well maintained and recent updates include roof, siding, gutters & most windows. Majority of both apartments have been recently updated. Each apartment has its own washer & dryer. Building is fully rented. Here's your chance to own your own business & live on site. Business is not for sale. Virtual Tour

Listing information

  • MLS® ID: 09227633
  • Status: Active
  • New Construction: No
  • County: De Kalb
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1900
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $2,432

Features

Air Conditioning None
Approximate Age Older
Built Before 1978 (Y/N) Yes
Floor Finish Carpet, Vinyl
Franchisor Feed(y/n) No
Frontage/Access US Highway
Geographic Locale Far West
Heat/Ventilation Electric, Forced Air, Gas
Information 24-Hr Notice Required, Other-See Remarks
Location Central Business District, Mixed Use Area
Other # Of Apts - 2, # Of Dishwashers - 0, # Of Disposals - 0, # Of Dryers - 2, # Of Offices - 1, # Of Ranges - 2, # Of Refrigs - 2, # Of Tenants - 3, # Of Units - 3, # Of Washers - 2, Approx Total Bldg Sq Ft - 2728, Electricity Expense - 340, Expense Year - 2014, Fuel Expense - 0, Gross Rent Multiplier - 5.92, Gross Rental Income $ - 11064, Insurance Expense - 800, Monthly Rental Price - 1300, Net Oper Income $ - 11064, Other Expenses - 476, Scavenger Expense - 538, Tax Year - 2015, Total Annual Exp - 4535, Total Annual Income - 15600, Total Monthly Income - 1300, Township - Clinton, Water Expense - 749, Zoning Type - Commr
Ownership Type Sole Proprietor
Possession Tenant's Rights
Potential Use Residential-Multi-Family, Retail
Property Type Mixed Use
Roof Coverings Shingle Composition
Tenant Pays Electric, Heat, Varies by Tenant
Listing Courtesy of Coldwell Banker Honig-Bell