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$1,100,000
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Property Description
Available for sale or for lease this three acre completely fenced site with three buildings is ready for immediate occupancy. Only 2 miles to I-88! Historically used by a fence company the property is set up perfectly for contractors or other users that require hard to find outside storage. The main building is 7140 sf and it features 5340 sf of warehouse space and 1800 sf of office space. There is also an 1800 sf mezzanine that is suitable for storage. The heated warehouse space features 16' ceilings (12' minimum clear), four 14' tall overhead doors and one 16' tall overhead door. The heated and air conditioned office space is comprised of a large reception area, five private offices, a conference room, a break room with a sink and an IT room. There are also two bathrooms including the warehouse bathroom which features a shower. There are two unheated, uninsulated steel outbuildings. The front outbuilding, totaling approximately 2520 sf, is separated into two areas with three OHD openings, 11' clear ceiling height, a concrete floor and a 200 amp electric panel. The other outbuilding is approximately 4320 sf and features two OHD openings, 16' clear ceiling height and a gravel floor. Other features include a motorized security gate and a manual interior yard gate. The property is on well and septic. Available for lease at $8800/mo modified gross.
Full Property Details
Full Property Details for 320 W Lincoln Hwy
General
- Price: $1,100,000
- Taxes: $9,955 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12468796
- Updated: 9/23/2025
- Added to Site: 158 day(s) ago
Interior
- Interior Features: Overhead Door(s), Storage Inside, Other, Mezzanine
- Flooring: Concrete
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Location
- Area: Cortland
- County: DeKalb
- Township: Cortland
- Driving Directions: Lincoln Highway (Route 38) west of Somonauk Road on the south side of the road
- Location Details: Far West
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Drive-In Doors: 5
- Sub-Flooring: Concrete
- Stories/Levels: 1
- Square Feet: 13,980
- Current Bldg. Use: Commercial
- Year Built: 1980
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Acres): 3
- Lot Size (Sq. Ft.): 130,680
- Lot Dimensions: 208 x 624 x 202 x 700
- Zoning: COMMR
Financial Considerations
- Lease Price: $15
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1980
- Tax Amount: $9,955
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Scavenger, Sewer
Disclosures and Reports
- Property ID: 930200009
Listed by Coldwell Banker Real Estate Group
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Schools
Schools serving 320 W Lincoln Hwy
School District:Dekalb Community Unit School District 428
| Name | Grades | Distance |
|---|---|---|
Cortland Elementary School 370 Lexington Avenue, Cortland, IL 60112 | K-5 | 1.4 mi |
Huntley Middle School 1515 South 4th Street, DeKalb, IL 60115 | 6-8 | 2.8 mi |
De Kalb High School 501 West Dresser Road, DeKalb, IL 60115 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 320 W Lincoln Hwy
Date
Details
Price
Change
Source
9/17/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 320 W Lincoln Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,955
-6%
$120,901
7%
2023
$10,641
-2%
$113,108
10%
2021
$10,888
—
$102,778
3%
2020
$10,911
3%
$99,572
4%
2019
$10,608
3%
$95,394
6%
2018
$10,327
1%
$90,216
5%
2017
$10,224
4%
$85,888
6%
2016
$9,868
1%
$80,722
6%
2015
$9,733
3%
$75,803
4%
2014
$9,474
1%
$72,958
-3%
2013
$9,340
1%
$75,604
-9%
2012
$9,267
—
$83,146
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 320 W Lincoln Hwy
320 W Lincoln Highway, Cortland, IL 60112 (MLS# 12468796) is a Commercial property. 320 W Lincoln Highway is currently listed for $1,100,000 and was received on September 17, 2025. Want to learn more about 320 W Lincoln Highway? Do you have questions about finding other Commercial real estate for sale in Cortland? You can browse all Cortland real estate or contact a Coldwell Banker agent to request more information.

