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!
Sold for $290,000
$290,000
401 S Butler St, Lincoln, IL 62656
8beds
8baths
3,942sqft
Multi Family
Built in 1977
-- sqft lot
$307,000 Zestimate®
$74/sqft
$956 Estimated rent
Home value
$307,000
Estimated sales range
Not available
$956/mo
Zestimate® history
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List your homeWhat's special
Two car detached garageCorner lotVarious recent exterior updatesOff-street parking slab
Zillow last checked:
Listing updated:
Listed by:
Seth A Goodman 217-737-3742,
ME Realty
Bought with:
Charles L Barnes, 475174037
The Real Estate Group, Inc.
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1029808
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Water Heater
- Laundry: Units Hook-Ups
Features
- Basement: None
Interior area
- Total structure area: 3,942
- Total interior livable area: 3,942 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Parking Pad
- Has uncovered spaces: Yes
Lot
- Size: 0.28 Acres
- Dimensions: 80 x 150
- Features: Corner Lot, Level
Details
- Parcel number: 0825529600
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lincoln
- Subdivision: None
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2025 | Sold | $290,000-3%$74/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #CA1029808 Report a problem | ||
| 2/11/2025 | Pending sale | $299,000$76/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1029808 Report a problem | ||
| 1/31/2025 | Price change | $299,000-9.1%$76/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1029808 Report a problem | ||
| 8/15/2024 | Price change | $329,000-3.2%$83/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1029808 Report a problem | ||
| 6/14/2024 | Listed for sale | $340,000+88.9%$86/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1029808 Report a problem | ||
| 1/10/2023 | Sold | $180,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,384 +4.7% | $80,550 +8% |
| 2023 | $7,053 +2.5% | $74,580 +7% |
| 2022 | $6,878 +3.8% | $69,700 +4.2% |
| 2021 | $6,626 +1.3% | $66,920 +1.5% |
| 2020 | $6,542 +2.2% | $65,940 +2% |
| 2019 | $6,404 +0.8% | $64,650 |
| 2018 | $6,354 +120.7% | $64,650 +2% |
| 2017 | $2,880 -49.7% | $63,380 +0.1% |
| 2016 | $5,725 | $63,310 +8.1% |
| 2015 | $5,725 | $58,550 |
| 2014 | $5,725 | $58,550 +5.3% |
| 2013 | $5,725 | $55,580 -1.8% |
| 2012 | $5,725 +2.1% | $56,580 +0.2% |
| 2011 | $5,605 +1.5% | $56,480 +0.1% |
| 2010 | $5,520 | $56,430 |
Find assessor info on the county website
Neighborhood: 62656
Nearby schools
GreatSchools rating
- 4/10Washington-Monroe Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Lincoln Jr High SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Lincoln Community High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- 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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- Illinois
- Logan County
- Lincoln
- 62656
- 401 S Butler St
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