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For sale by owner
  • $750,000

    122 N Logan St, Lincoln, IL 62656

    12beds
    5,227sqft
    : 
    $5,423/mo
    Get pre-qualified
    Apartment
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $143/sqft
    $-- HOA

    Overview

    Lincoln, Illinois – Multi-Family Investment Opportunity Property Summary Located in a strategic area of Lincoln, Illinois, this fully renovated 4-unit apartment building offers a unique opportunity for investors. The property has been optimized to the highest quality standards to meet modern living requirements and holds the potential to benefit from local enterprise zone tax incentives Key Features Feature Details Unit Count 4 Units (Fully Renovated) Condition Complete Renovation (Interior & Exterior) Location Lincoln, Illinois Property Type Multi-Family Residential in Commercial Zone Modernization and Renovation Details Interior & Exterior Restoration: The property has been brought up to current standards through comprehensive interior and exterior rehabilitation work conducted throughout the building Investment Potential: The property is designed for potential conversion into a multi-unit condominium configuration, supported by local enterprise zone tax incentives and investment modeling Quality Standards: Premium materials and craftsmanship standards were maintained throughout the renovation processes Investor Note This property has been developed for high efficiency, taking into account emerging market conditions in Illinois and local incentives. Analyses conducted via cadastral records and investment modeling indicate that the property holds strong potential for both rental income and long-term appreciation Comprehensive structural analysis data and investment models are available for interested investors upon request.
    15 days
    390
    5
    Listed by:

    Property Owner (708) 515-1660

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 6
      • Full bathrooms: 4
      • 3/4 bathrooms: 2
      Interior area
      • Total interior livable area: 5,227 sqft

      Property

      Lot
      • Size: 5,227 Square Feet
      Details
      • Parcel number: 0821010500

      Construction

      Type & style
      • Home type: Apartment
      Condition
      • New construction: No

      Community & HOA

      Location
      • Region: Lincoln

      Financial & listing details

      • Price per square foot: $143/sqft
      • Tax assessed value: $20,880
      • Annual tax amount: $638
      • Date on market: 8/13/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,964/mo

        Price history

        DateEventPrice
        8/13/2026Listed for sale$750,000+7400%$143/sqft
        Source: Owner Report a problem
        3/20/2026Listing removed--
        Source: Owner Report a problem
        3/15/2026Listed for sale$10,000-37.5%$2/sqft
        Source: Owner Report a problem
        3/10/2026Sold$16,000+300%$3/sqft
        Source: Public Record Report a problem
        7/25/2024Sold$4,000-60%$1/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1028611 Report a problem
        6/29/2024Pending sale$10,000$2/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1028611 Report a problem
        6/4/2024Price change$10,000-50%$2/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1028611 Report a problem
        4/18/2024Listed for sale$20,000-60%$4/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1028611 Report a problem
        11/12/2021Listing removed--
        Source: Owner Report a problem
        7/29/2021Listed for sale$50,000+25%$10/sqft
        Source: Owner Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        8/29/2018Listing removed$40,000$8/sqft
        Source: Owner Report a problem
        12/29/2017Listed for sale$40,000$8/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$638 -58.9%$6,960 -57.6%
        2023$1,553 +2.5%$16,420 +7%
        2022$1,515 +3.8%$15,350 +4.1%
        2021$1,459 +1.3%$14,740 +1.5%
        2020$1,440 +2.2%$14,520 +2%
        2019$1,409 $14,230
        2018-- $14,230 -53.6%
        2017$1,598 -30.1%$30,640 +0.1%
        2016$2,285 $30,610 +3.5%
        2015$2,285 $29,580
        2014$2,285 $29,580 +5.3%
        2013$2,285 $28,080 -1.7%
        2012$2,285 +2.2%$28,580 +0.2%
        2011$2,236 +1.5%$28,530 +0.1%
        2010$2,202 $28,510
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62656

        Getting around

        85 / 100
        Very Walkable
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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