1500 N MCLEAN Street
Lincoln, IL, 62656
$850,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #RMACA1039265 image #0
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!

Property Details

Price:
$850,000
MLS #:
RMACA1039265
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Sep 15, 2025
Total Sq Ft:
14,884

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Schools

Interior

Cooling
Central Air, Wall/Window Unit(s)
Flooring
Carpet, Concrete, Tile
Heating
Forced Air, Heat Pump, Hot Water
Levels
One, Multi-Tenant

Exterior

Construction Materials
Brick, Stone, Block
Roof
Other

Financial

Tax Year
2025
Taxes
$5,803

Map

Community

Market Summary

Current real estate data for Commercial in Lincoln as of Nov 02, 2026
18
Commercial Listed
291
Avg DOM
$273,183
Avg List Price

Property Summary

    1500 N MCLEAN Street Lincoln IL is a Commercial for sale in Lincoln, IL, 62656. It is listed for $850,000 To schedule a showing of MLS#rmaca1039265 at 1500 N MCLEAN Street in Lincoln, IL, contact your Phil Dressen Realtors agent at (217) 254-9223.

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