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Sold for $525,000
  • $525,000

    1000 Business Loop #55, Lincoln, IL 62656

    4beds
    3,206sqft
    Single Family Residence, Residential
    Built in 1974
    40.49 Acres Lot
    $573,100 Zestimate®
    $164/sqft
    $2,827 Estimated rent

    Home value

    $573,100

    $499,000 - $648,000

    $2,827/mo

    Zestimate® history
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    What's special

    This 4-bedroom, 2 full/2 half bath two story property situated on 40.49 acres on the southwest side of town with super convenient interstate access is certainly one of a kind! The main floor of home boasts a double door entry which leads into an inviting foyer host to slate tile flooring as well as an open staircase. Main floor of home also boasts gracious formal living and dining areas, family room with a woodburning fireplace, equipped eat-in kitchen, roomy den, half bath, laundry facilities, and a great rear facing sunroom. Upstairs, you will find four large bedrooms and a full hall bath. The expansive primary suite is host to a private full adjacent bath in addition to an adjacent walk-in closet. The full lower level boasts a sprawling rec room with an additional fireplace as well as a bar, half bath, mechanicals, and great storage as well as work space. Property also features a 2+ car attached side facing garage, neat front courtyard area, large back patio area (inground pool has been filled in), detached garage structure, machine shed (dirt floor), metal roof, two furnaces/two central air conditioning units, generator, and all appliances to remain. Who could forget about the AMAZING stocked pond? 3.65 acres currently in CRP through 2027 ($1096/year -- $923/year to owner -- $173/year to farm tenant). Several acres currently leased by a local farmer. $650.00/month roughly for tower on property. WLB school district. Private well/septic. Choice property, choice location!

    Zillow last checked:

    Listing updated:

    Listed by:

    Seth A Goodman 217-737-3742,

    ME Realty

    Bought with:

    Seth A Goodman, 475126097

    ME Realty

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1037879MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Bedroom 1
    • Level: Upper
    • Dimensions: 21ft 0in x 16ft 0in
    Bedroom 2
    • Level: Upper
    • Dimensions: 18ft 0in x 13ft 0in
    Bedroom 3
    • Level: Upper
    • Dimensions: 14ft 0in x 14ft 0in
    Bedroom 4
    • Level: Upper
    • Dimensions: 14ft 0in x 14ft 0in
    Other
    • Level: Main
    • Dimensions: 14ft 0in x 18ft 0in
    Other
    • Level: Main
    • Dimensions: 9ft 0in x 12ft 0in
    Other
    • Level: Main
    • Dimensions: 18ft 0in x 12ft 0in
    Other
    • Area: 0
    Additional room
    • Description: Sunroom
    • Level: Main
    • Dimensions: 18ft 0in x 15ft 0in
    Family room
    • Level: Main
    • Dimensions: 18ft 0in x 16ft 0in
    Kitchen
    • Level: Main
    • Dimensions: 15ft 0in x 12ft 0in
    Laundry
    • Level: Main
    • Dimensions: 9ft 0in x 7ft 0in
    Living room
    • Level: Main
    • Dimensions: 18ft 0in x 13ft 0in
    Main level
    • Area: 1907
    Recreation room
    • Level: Basement
    • Dimensions: 43ft 0in x 30ft 0in
    Upper level
    • Area: 1299
    Heating
    • Electric, Forced Air, Propane Rented
    Cooling
    • Zoned
    Appliances
    • Included: Dishwasher, Range, Refrigerator, Washer, Dryer
    Features
    • Ceiling Fan(s)
    • Windows: Blinds
    • Basement: Full
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning, Family Room, Recreation Room
    Interior area
    • Total structure area: 3,206
    • Total interior livable area: 3,206 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Detached, Garage Faces Side
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Patio & porch: Patio, Porch
    • Waterfront features: Pond/Lake
    Lot
    • Size: 40.49 Acres
    • Features: Agricultural
    Details
    • Additional structures: Outbuilding
    • Additional parcels included: 1101000460, 1101000400
    • Parcel number: 1101000300

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick, Stucco, Stone
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private

    Community & neighborhood

    Location
    • Region: Lincoln
    • Subdivision: None

    Price history

    DateEventPrice
    8/26/2025Sold$525,000-4.5%$164/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1037879 Report a problem
    7/17/2025Pending sale$550,000$172/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1037879 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,900 +7.7%$127,560 +8.5%
    2023$7,338 +9.3%$117,570 +12%
    2022$6,711 +2.7%$104,960 +4%
    2021$6,533 +1.7%$100,930 +1.5%
    2020$6,424 +2.4%$99,440 +1.5%
    2019$6,271 -2.3%$97,970
    2018$6,418 +73.7%$97,970
    2017$3,695 -23.3%$97,970 -0.1%
    2016$4,820 $98,090 +26.5%
    2015$4,820 $77,570
    2014$4,820 $77,570 +6%
    2013$4,820 $73,170 +0.3%
    2012$4,820 -2.9%$72,930 -2.8%
    2011$4,966 -28.6%$75,050 -27.3%
    2010$6,955 $103,170

    Find assessor info on the county website

    Neighborhood: 62656

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: W Lincoln-Brdwl
    • High: Lincoln

    Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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