Properties

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!

Features
: Heat Pump, Forced Air, Hot Water
: Central Air, Wall/window Unit(s)
: Other
: Carpet, Tile, Concrete
Commercial
Address Map
US
IL
Logan
Lincoln
MCLEAN
1500
Street
0
W90° 39' 6''
N40° 9' 25.2''
Property is located at 1500 N. McLean Street, Lincoln.
N
MLS Addon
ME Realty
Seth
Goodman
$0
: Block, Brick, Stone
302
: One, Multi-tenant
RMACA6097
RMACA8340
Active
08-029-032-00
: Public Sewer
$5,803
2025
sethsellslincoln@gmail.com

Commercial Sale For Sale

1500 MCLEAN Street, Lincoln, Illinois

0 Acre
$850,000
Listing ID #RMACA1039265
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : RMACA1039265
Price : $850,000
Lot Size : 0 Acre
Lot Size Dimensions : 8.36 acres
Property Sub Type : Commercial
Standard Status : Active
Agent info
Gateway Realty Group
Contact Agent