Lincoln IL Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
3,108
Status:
Active
Beds:
n/a
Year built:
1973
Baths:
MLS#:
CA1032437

ADDITIONAL INFORMATION

This is NOT your every day side by side BRICK corner lot duplex! Situated within walking distance of the downtown district, Lincoln Community High School, and the Lincoln Park District, these units are the true definition of expansive (over 1,550 square feet per unit -- 3 bedrooms and 1.5 baths per unit)! Main floor of each side boasts an equipped eat-in kitchen, hall half bath, and a large open concept living/dining area with great floor space as well as a rear facing exterior access point. Upstairs, you will find three large bedrooms on each side, a full hall bath with a double vanity, and a large hall laundry room area. Each unit also features an attached garage as well as either a rear deck (301) or a rear concrete patio (303). Electric baseboard heat paired with central air conditioning. Seeking storage/work space? This unique property also features an older two car detached garage. New sewer line from property to street in 2024. Kitchen appliances are owned and will remain upon settlement. Current owners pay garbage as well as sewer -- tenants pay for water as well as Ameren. 301 side is currently rented for $750.00/month (long term tenant). Live in one side and let the other contribute toward the mortgage -- or use both sides for rental purposes -- the choice is yours! Premier investment property!

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!

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

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Lincoln Real Estate

The median home value in Lincoln, IL is $104,800. This is lower than the county median home value of $110,400. The national median home value is $338,100. The average price of homes sold in Lincoln, IL is $104,800. Approximately 55.72% of Lincoln homes are owned, compared to 36.59% rented, while 7.69% 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 62656 has a population of 13,217. Lincoln 62656 is less family-centric than the surrounding county with 25.19% of the households containing married families with children. The county average for households married with children is 28.07%.

The median household income in Lincoln, Illinois 62656 is $51,915. The median household income for the surrounding county is $59,809 compared to the national median of $69,021. The median age of people living in Lincoln 62656 is 39.1 years.

Lincoln Weather

The average high temperature in July is 85 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 38.3 inches per year, with 17.3 inches of snow per year.

Lincoln Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    59
    30-day change

Lincoln Schools and Demographics

Education near Lincoln, IL

Metric City County
High School Graduates 93.03 90.35
College Degree - 2 year 7.45 9.15
College Degree - 4 year 19.98 21.07
Graduate Degree 4.47 5.26
Expenditures per Student 19,613 19,613
Students per Teacher 11.6 11.6

Elementary Schools near Lincoln, IL

School Grades Students P/T Ratio ZIP
Adams Elementary School PK - 02 113 16.4 62656
Central Elementary School KG - 05 218 15.2 62656
Chester-East Lincoln Elementary School PK - 08 286 13.6 62656
Jefferson Elementary School KG - 02 48 8.6 62656
Mount Pulaski Elementary School PK - 08 357 15.2 62548
New Holland-Middletown Elementary School KG - 08 105 8.5 62666
Northwest Elementary School KG - 05 185 14 62656
Olympia South Elementary School PK - 05 352 18.5 61723
Washington-Monroe Elementary School KG - 05 287 16 62656
West Lincoln-Broadwell Elementary School KG - 08 176 12.3 62656

Middle Schools near Lincoln, IL

School Grades Students P/T Ratio ZIP
Lincoln Junior High School 06 - 08 398 14.6 62656

High Schools near Lincoln, IL

School Grades Students P/T Ratio ZIP
Hartsburg-Emden Junior-Senior High School 06 - 12 126 10.1 62643
Lincoln Comm High School 09 - 12 860 16 62656
Mount Pulaski High School 09 - 12 185 10.3 62548

Demographics near Lincoln, IL 62656

Metric Zip Code City
Neighborhood Type Suburban
Population 13,217 28,238
Population Density 2,114 46
Median Age 39.1 39.9
People per Household 2.1 2.2
Median Household Income 51,915 59,809
Average Income per Capita 30,206 30,920