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Lexington IL Real Estate & Commercial for Sale

2 Properties Found

The median home value in Lexington, IL is $157,000. This is lower than the county median home value of $162,000. The national median home value is $232,276. The average price of homes sold in Lexington, IL is $157,000. Approximately 76% of Lexington homes are owned, compared to 19% rented, while 5% are vacant. Lexington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Lexington real estate agent to arrange a tour today!
Learn more about Lexington.


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Beds:
n/a
Baths:
Sq.Ft.:
2,580
Status:
Active
MLS#:
10607468
Type:
Mixed Use
Year built:
1884
A broker reciprocity listing Courtesy: Berkshire Hathaway Central Illinois Realtors
View additional info

Fantastic opportunity in TIF district of a growing small town. Was previously used as coffee/wine/martini bar. Owner has lovingly put in over 300k in complete building remodel then had to relocate, you will not find another original building of this caliber! Exposed brick walls & hardwood floors through out, tile in baths. 2 bedroom 2 bath upscale apartment upstairs for additional income (apartment does need some finishing touches). 2,580 S/F plus dry full basement just waiting to finish out & expand the business or for storage. Basement has 2 grease traps (1 for basement & 1 for main floor), rough in for bath, & rough in for kitchen. Lexington is a growing & well maintained community on historic Rt. 66. Very welcoming to travelers, new businesses, & residents with restaurants, boutiques, & events. Plenty of space for small business or income opportunities! Apartment is currently leased. Retail space is offered for lease at $850 per month.

Beds:
n/a
Baths:
Sq.Ft.:
1,664
Status:
Active
MLS#:
10425620
Type:
Other
Year built:
2013
A broker reciprocity listing Courtesy: Schrof Companies, Inc
View additional info

Great Investment Opportunity for the Passive Investor. The property is located right off the I-55 interchange at exit 178. Currently the property is encumbered with a Five (5) year Net Lease, with building structure including roof as only Landlord responsibilities. The lease is in its second (2) five year term with 3 more options to renew, each with a 10% rental rate increase. This lease is corporately guaranteed by Subway Real Estate LLC.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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