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1500 N Mclean Street

Lincoln, IL 62656
  • $850,000
  • STATUS: Active
  • ON SITE: 119 Days
  • ID#: CA1039265
UPDATED: 50 min ago
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Welcome to The Dugan Center -- an expansive multi-tenant nearly 15,000 square foot brick and stone commercially zoned structure situated on 8.36 acres with so much room for additional expansion if needed/desired! Building is currently set up with a large open 3,500 square foot central event space (currently rents out for special occasions, etc.), commercial kitchen (also available for lease), and various separated suites with bathrooms (eight suites total with roughly 800 square feet each -- seven suites are currently rented). Current monthly rental income is $6300.00 but is oftentimes more with income from central space and kitchen (average additional monthly event income is $613.75). Ample off-street parking as well (parking area has been expanded by current owners). Updates in the last six years include roof and soffit repair, flooring in various areas, efficient interior light panels, HVAC in suites 5, 6, 7 & 8, kitchenette with custom backsplash in suites 7 & 8, addition of security alarm systems as well as security cameras, networking throughout, external glass entry doors for each suite, and fire suppression system with welded seam hood in full commercial kitchen. Truly a turnkey commercially zoned structure with amazing interior space -- plus over 8 acres outside to expand, build additional structures, add additional parking -- the choice is yours! Once in a lifetime opportunity!

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-01-15T14:44:47.133.
www.loganfrazierhomes.org/homes/167993042
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1500 N Mclean Street Lincoln, IL 62656

  • Price: $850,000
  • Status: Active
  • On Site: 119 Days
  • Updated: 50 min ago
  • ID#: CA1039265
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Lincoln
County:
Logan
Area:
Lincoln
Property Description
Welcome to The Dugan Center -- an expansive multi-tenant nearly 15,000 square foot brick and stone commercially zoned structure situated on 8.36 acres with so much room for additional expansion if needed/desired! Building is currently set up with a large open 3,500 square foot central event space (currently rents out for special occasions, etc.), commercial kitchen (also available for lease), and various separated suites with bathrooms (eight suites total with roughly 800 square feet each -- seven suites are currently rented). Current monthly rental income is $6300.00 but is oftentimes more with income from central space and kitchen (average additional monthly event income is $613.75). Ample off-street parking as well (parking area has been expanded by current owners). Updates in the last six years include roof and soffit repair, flooring in various areas, efficient interior light panels, HVAC in suites 5, 6, 7 & 8, kitchenette with custom backsplash in suites 7 & 8, addition of security alarm systems as well as security cameras, networking throughout, external glass entry doors for each suite, and fire suppression system with welded seam hood in full commercial kitchen. Truly a turnkey commercially zoned structure with amazing interior space -- plus over 8 acres outside to expand, build additional structures, add additional parking -- the choice is yours! Once in a lifetime opportunity!
Exterior Features

Construction Materials BrickStoneBlock Roof Other

Interior Features

Building Area Total 14884 Cooling Central AirWall/Window Unit(s) Flooring CarpetConcreteTile Heating Forced AirHeat PumpHot Water

Property Features

Agent Owned No Financing Cash OnlyConventional Frontage Type City Street Irregular Lot YN Yes Levels OneMulti-Tenant Lot Size Dimensions 8.36 acres Lot Size Remarks 8.36 acres Possible Use Office Sewer Public Sewer Tax Annual Amount 5559.2 Tax Incentive1 None Tax Legal Description 8-361B S29 T20 R2 8 A N 590 ft of W 590.6 ft NW SW (main parcel). Tax Year 2024 Type Commercial Zoning Commercial

Listing provided courtesy of Seth Goodman of ME Realty: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Logan Frazier Homes | The Real Estate Group. Data last updated: 2026-01-15T14:44:47.133.
 
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