IL
DeKalb
Waterman
60556
210 E Lincoln Highway
210 E Lincoln Highway, Waterman, IL 60556
Listing Type
commercial/industrial
Listing Status
contingent
22
$250,000

Home Details for 210 E Lincoln Highway

Price
$250,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
County
DeKalb
Garage
Days on site
70
MLS Listing#
12057145
Listing courtesy: @properties Christie's International Real Estate - 630-530-0900
Property Description

A great investment in a high-traffic area with tons of potential uses. TIF funding has been approved for a proposed restaurant/bar project, but funding can be approved for other uses as the property is located in a TIF-approved area. The property was in the process of being converted to a restaurant/bar with a gaming area and 2 apartments. Approved plans and drawings for the restaurant/bar and a parking lot (for the second lot) are in "additional information." Currently, there are 3 apartments, a restaurant/bar area with a kitchen, and a banquet hall/lounge area that can be rented immediately. The property offers a second lot (already approved TIF funding to be converted into a parking lot), a 14x45 heated garage, new windows, a full kitchen with an exhaust vent, commercial-size sinks, and stoves. This building could be re-purposed to all apartments, a mix of different professional services, retail, or a nice restaurant. The possibilities are endless; this property was previously used as a church and bowling alley! There is plenty of space in the basement for storage. Floor plans do not show the 2-bedroom apartment or basement area.

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Property Features
  • Utilities
    • Electric to Site
    • Gas to Site
    • Sanitary Sewer
    • Water to Site
  • Cooling Information
    • Central Air
    • Zoned
Midwest Real Estate Data logoProperties are provided courtesy of the MLS of Northern Illinois, Inc. Broker Reciprocity Database. Information Deemed Reliable but Not Guaranteed.
Based on information submitted to the MRED as of last update. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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.
Last Updated: 2024-07-09 10:32:38
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EXIT REALTY REDEFINED
1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189
Roger Jenisch
Broker of Record
Office
630 480 4555
Agent
773 682 8771
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