IL
Logan
Lincoln
62656
1500 N MCLEAN Street
1500 N MCLEAN Street, Lincoln, IL 62656
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Listing Type
Commercial/Industrial
Listing Status
Active
45
$850,000

Home Details for 1500 N MCLEAN Street

Price
$850,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
County
Logan
Garage
Days on site
0
MLS Listing#
CA1039265
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!

Property Features
  • Cooling Information
    • Central Air
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-12-18 02:39:36. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-12-18 02:39:36
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2405 Essington Rd. Unit 1, Joliet, IL 60435
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