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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"

  • Year Built
    2001
  • Stories
    1.0
  • Construction Materials
    Steel Siding
  • Flooring
    Concrete
  • Cooling
    Central Air

  • Area
    Waterman
  • County
    DeKalb
  • City
    Waterman
  • Zip Code
    60556

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Frequently Asked Questions

How do I schedule a tour of 250 E Lincoln Hwy?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 250 E Lincoln Hwy.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 250 E Lincoln Hwy?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $350,000. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Waterman, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 250 E Lincoln Hwy?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 250 E Lincoln Hwy at around $2,514. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 250 E Lincoln Hwy?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in DeKalb County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 250 E Lincoln Hwy?

In most cases, yes. Whether 250 E Lincoln Hwy is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Waterman's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 250 E Lincoln Hwy?

We can handle that for you. Our preferred local agent specializes in commercial sales in Waterman and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $350,000 with 2,240 sqft of space—that comes out to approximately $156 per square foot.

How long has this property been on the market?

250 E Lincoln Hwy was listed on July 09, 2026, which means it's been on the market for 127 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2001, making it approximately 25 years old.

What are the property taxes for 250 E Lincoln Hwy?

The most recent public record shows annual property taxes for 250 E Lincoln Hwy were approximately $6,265. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 250 E Lincoln Hwy still available for sale?

This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.

Source: ez Home Search, MLS Data

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Listing information provided exclusively 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 13, 2026 at 05:21AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12701074