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$350,000
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Property Description
Unique property! This pole type building 56 X 40 was built in 2001. The building host two business there. The building has temporary walls so it could be reconfigured for whatever your needs are. The building has 2 bathrooms and is plumbed on one side with a floor drain. Furnace and a hanging heater, water heater, and central air. The east side in currently rented to a business. The west side will be vacant with the sale of the property. Now for the other part of this investment property is 8 mobile homes. 7 are owned by the owners of this property and one is privately owned. Starting on the west side of the building is Mobile #1- 2 bed 1 bath, #2- 3 bed 1 bath with an addition of a family room #3- 2 bed 1 bath # 4- 4 bed 1 bath #5- is privately owned #6- is a 2 bed 1 bath #7- 2 bed 1 bath #8- 2 bed 2 bath all have washers & dryers except #2. See rental amounts in Additional information. Great location on busy highway! Potential for your business with income from the rentals. Property being Sold "AS IS"
Full Property Details
Full Property Details for 250 E Lincoln Hwy
General
- Price: $350,000
- Taxes: $6,265 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12701074
- Updated: 7/15/2026
- Added to Site: 48 day(s) ago
Interior
- Interior Features: Overhead Door(s), Private Restroom(s)
- Flooring: Concrete
Location
- Area: Waterman
- County: DeKalb
- Township: Clinton
- Driving Directions: Rt.30 into Waterman property on Rt.30 ( Lincoln Hwy.) to property on the North side of the street.
- Location Details: Far West, In City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Trash: 1188
Structural Information
- Construction: Steel Siding, Wood
- Exterior Const.: Steel Siding, Wood
- Roof: Metal
- Sub-Flooring: Concrete
- Stories/Levels: 1
- Square Feet: 2,240
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 2001
Unit Information
- # Tenants: 8
- Units w/Refrigerators: 7
- Units w/Range/Oven: 7
- # Dryers: 7
Lot Features
- Lot Size (Sq. Ft.): 49,794
- Lot Dimensions: 258.2 x 128.9 x 250 x 193.13
- Potential Use: Commercial
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $2,700
- Other Fee: $150
- Assessment Year: 2001
- Tax Amount: $6,265
- Tax Year: 2025
- Pays Electric: 430
- Pays Trash: 1188
Disclosures and Reports
- Property ID: 1415154025
Listed by Century 21 Circle
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Schools
Schools serving 250 E Lincoln Hwy
School District:Indian Creek Community Unit District 425
| Name | Grades | Distance |
|---|---|---|
Indian Creek Middle School 335 East Garfield Street, Waterman, IL 60556 | 5-8 | 0.1 mi |
Shabbona Elementary School, Shabbona, IL 301 West Cherokee Avenue, Shabbona, IL 60550 | PK-4 | 5.3 mi |
Indian Creek High School 506 South Shabbona Road, Shabbona, IL 60550 | 9-12 | 5.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 250 E Lincoln Hwy
Date
Details
Price
Change
Source
7/08/2026
Listed
$350,000
—
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 250 E Lincoln Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,986
—
$86,628
11%
2024
$5,986
4%
$77,980
10%
2023
$5,761
4%
$70,936
10%
2021
$5,554
2%
$64,532
4%
2020
$5,453
3%
$61,860
4%
2019
$5,300
3%
$59,538
4%
2018
$5,164
2%
$57,051
4%
2017
$5,072
3%
$54,856
4%
2016
$4,928
2%
$52,686
6%
2015
$4,832
2%
$49,704
1%
2014
$4,723
-1%
$49,270
-3%
2013
$4,792
-4%
$50,705
-8%
2012
$5,002
—
$55,072
—
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 250 E Lincoln Hwy
250 E Lincoln Highway, Waterman, IL 60556 (MLS# 12701074) is a Commercial property. 250 E Lincoln Highway is currently listed for $350,000 and was received on July 08, 2026. Want to learn more about 250 E Lincoln Highway? Do you have questions about finding other Commercial real estate for sale in Waterman? You can browse all Waterman real estate or contact a Coldwell Banker agent to request more information.

