Closed

$50,000

118 Mclean Street, Lincoln, IL 62656
4 Beds4 Baths6 days
118 Mclean Street·Lincoln, IL 62656
4Bedrooms
4Bathrooms
About This Home

Here is your opportunity to own a multi-use building in historic downtown Lincoln! Building is currently being used as a 3-unit apartment but is set up to be a 4-unit. First floor could also be easily converted back to commercial space, if desired, but currently occupied by one tenant. One of the upper units is currently occupied as well. Current tenants are month-to-month. Roof was coated within the past several years, but actual date not known. See disclosures for known issues. Deck area in back with storage. Up to 4 parking spaces can be made in back, however the building behind the units allows tenants to park in lot. Square footage is estimated. Being sold AS-IS. SELLER IS HIGHLY MOTIVATED.

MLS# 11939953Listed December 4, 2023Residential IncomeTraditionalSubdivision: Not Applicable
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Total Rooms9

Size & Structure

Lot Size26X150

Location

CountyLogan
TownshipEast Lincoln
SubdivisionNot Applicable
Zip Code62656

Financial

List Price$50,000
Annual Taxes (2022)$2,437
Monthly Tax Est.$203
Parcel #0821006000
Interior Features

Heating

Natural GasForced Air

Basement

None
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off AlleyOn SiteOther
Schools
Elementary
Northwest Elementary School
District: 27
Middle School
Lincoln Jr High School
District: 27
High School
Lincoln High School
District: 404
Tax & Financial
Annual Taxes
$2,437
Tax Year 2022
Monthly Tax Est.
$203
per month
Property Location

118 Mclean Street, Lincoln, IL 62656Logan County

$50,000
118 Mclean Street
4 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
26X150
$2,437/yr taxes
$466
estimated monthly payment
Principal & Interest
$263/mo
Property Tax
$203/mo
$50,000
20% — $10,000
3%50%
6.875%
3%12%
Loan Amount
$40,000
Down Payment
$10,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX Rising
Agent: Kenley Kaisershot
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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