Lincoln IL Multi Family for Sale
$115,000
414 Frorer Avenue Lincoln, IL 62656
- Type:
- Cluster
- Sq.Ft.:
- 1,248
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1975
- Baths:
- MLS#:
- CA1031773
ADDITIONAL INFORMATION
Well maintained side by side brick/wood sided duplex! Each unit features a living area, equipped kitchen, comfortable bedroom, full bath, and a rear laundry/mudroom area. 414 side currently rents for $650.00/month ($650.00 deposit) -- tenant pays Ameren and water. 410 side is currently vacant and has been recently renovated. Property also features a rear storage shed. Each unit features electric baseboard heat paired with central air conditioning. Live in one side and let the other contribute toward the mortgage -- or rent both out for great additional monthly income!
- Type:
- Cluster
- Sq.Ft.:
- 3,942
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1977
- Baths:
- MLS#:
- CA1029808
ADDITIONAL INFORMATION
Two side by side custom constructed duplexes on an 80X150 corner lot just steps from downtown, Lincoln Community High School, and the Lincoln Park District! Each unit boasts two bedrooms and 1.5 baths. Two tenants currently pay $700.00/month -- one tenant currently pays $800.00/month -- fourth tenant currently pays $850.00/month. Butler units have a two car detached garage -- Decatur units have an off-street parking slab. Various recent exterior updates including siding and quality windows. Great investment opportunity!
- Type:
- Cluster
- Sq.Ft.:
- 1,920
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1883
- Baths:
- MLS#:
- CA1019552
ADDITIONAL INFORMATION
Stately two story vinyl sided duplex situated in an ultra convenient spot! Main floor of each unit consists of a living room as well as a kitchen. Upper level of each unit features a landing area, large bedroom, and a full hall bath. Property also features a basement (exterior access only), covered front and rear porch areas, replacement windows, two newer furnaces, two newer water heaters, newer plumbing and electrical -- the list goes on! Units currently rented for $700.00/month and $725.00/month. Live in one side and rent the other -- or rent both and see a positive cash flow each month! Opportunity knocks!
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. Copyright © 2024 RMLS Alliance. All rights reserved.
Lincoln Real Estate
The median home value in Lincoln, IL is $144,750. This is higher than the county median home value of $83,600. The national median home value is $219,700. The average price of homes sold in Lincoln, IL is $144,750. Approximately 57.44% of Lincoln homes are owned, compared to 33.16% rented, while 9.4% are vacant. Lincoln real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lincoln real estate agent to arrange a tour today!
Lincoln, Illinois has a population of 13,912. Lincoln is less family-centric than the surrounding county with 30.5% of the households containing married families with children. The county average for households married with children is 30.84%.
The median household income in Lincoln, Illinois is $52,245. The median household income for the surrounding county is $58,271 compared to the national median of $57,652. The median age of people living in Lincoln is 38.1 years.
Lincoln Weather
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 38.6 inches per year, with 20.5 inches of snow per year.