100 East Lincoln Avenue Hinckley, IL 60520

$620,000
0.14
Acres
$620,000
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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! TOTAL REMODEL to code in 2008 and recent updates in 2024 include: 3 NEW furnaces (W side), Apt #5 - New carpet, LVP flooring, dishwasher. Apt #4 - Some new carpet/paint. Apt #6 - Some new carpet & paint, Arcade in Restaurant - New Drywall, flooring, paint.

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! TOTAL REMODEL to code in 2008 and recent updates in 2024 include: 3 NEW furnaces (W side), Apt #5 - New carpet, LVP flooring, dishwasher. Apt #4 - Some new carpet/paint. Apt #6 - Some new carpet & paint, Arcade in Restaurant - New Drywall, flooring, paint.

  • Neighborhood
  • Type
  • County
    DeKalb
  • Area
    Hinckley
  • Tax Amount
    $14,587
  • Status
    Active
  • Listing #
    11886928
  • Built
    1900
  • Lot Size
    0.14
  • Listed on site
    354 days

Listed by:
Willow Real Estate, Inc

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Willow Real Estate, Inc.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Property History

DateDays AgoEventNew Price
May 22, 20244 mos agoPrice decreased5,000 (1%)$620,000
Sep 19, 202312 mos agoNew on market$625,000
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