Freestanding Restaurant Property For Sale

SaleRetail 4,972 SF
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1109 Hickox Dr
Lincoln, IL 62656
Price: $230,000 (Previously $249,000)
Building Size: 4,972 SF
Lot Size (acre): 1.21 AC
Parking: 63 Spaces
Zoning: C-2
Tax PIN: 12-026-009-30
RE: $9,295.50
Year Built: 1973

Property Description

Subject Property is a freestanding 4,972 SF restaurant building with a drive-thru. Current layout is in three sections – dining area, food station, and kitchen. The dining area is approx. 44’ x 35’ and seats 150 people. The food station has several food bars for buffet-style service, a hibachi grill with 1-5’ commercial hood, a server station, and some additional seating. The kitchen contains a 16’ hood ventilation system, an 8’ hood ventilation system, a 10’ x 10’ walk-in cooler, a 15.5’ x 9’ walk-in freezer, two 3-compartment sinks, 4 handwashing sinks, and a 100 gal water heater. The Subject is located in both an opportunity zone and enterprise zone.

Area Description

Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this freestanding restaurant. Subject property is located on Woodlawn Rd. (IL-121/ IL-10) 1/2 mile from Interstate 55 in Lincoln Illinois. This location caters to interstate traffic as well as the community and is surrounded by retailers such as McDonald’s, Pizza Hut, AutoZone, Goodwill, Dollar General, and Casey’s General Store among many others. Lincoln has excellent access to the tristate area with Chicago located 170 miles northeast, Indianapolis 200 miles east and St. Louis 130 miles southwest.