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Off market
  • $109,200

    509 Palmer Ave, Lincoln, IL 62656

    2beds
    1baths
    1,800sqft
    MultiFamily
    Built in 1958
    -- sqft lot
    $109,200 Zestimate®
    $61/sqft
    $991 Estimated rent

    Home value

    $109,200

    $91,000 - $129,000

    $991/mo

    Zestimate® history
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    Owner options

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    $991/mo

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    $991/mo

    Rent Zestimate®

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    $629/mo

    Est. payment

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    $629/mo

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    What's special

    Affordable living -- live in one side and let the other pay the mortgage! Competitively priced centrally located duplex conveniently located close to all amenities. Each side boasts a large and bright living room, an eat-in kitchen with laundry facilities, two spacious bedrooms, and a full bath. 509 Palmer Avenue is ready for immediate occupancy and comes complete with a range/oven as well as a refrigerator and has been recently painted throughout -- also features a new rear exterior door. 507 Palmer Avenue is currently rented. This well priced duplex features a rear two car detached garage with a common wall and alley access (each unit has own side) -- garage has a newer metal roof. Each unit has front off-street parking as well. Looking to become a landlord? Already a landlord looking to increase your amount of rentals? Don't miss out on this choice property -- 507-509 Palmer Ave., Lincoln has been priced to sell at just slightly above $36.00/square foot! Act quickly!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Forced air
    Appliances
    • Included: Range / Oven, Refrigerator
    Interior area
    • Total interior livable area: 1,800 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Lot
    • Size: 0.31 Acres
    Details
    • Parcel number: 1260000400

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1958

    Community & HOA

    Location
    • Region: Lincoln

    Financial & listing details

    • Price per square foot: $61/sqft
    • Tax assessed value: $67,470
    • Annual tax amount: $2,034

    Price history

    DateEventPrice
    11/26/2013Sold$45,000-30.8%$25/sqft
    Source: Public Record Report a problem
    8/24/2013Listing removed$65,000$36/sqft
    Source: ME Realty Report a problem
    7/7/2013Listed for sale$65,000$36/sqft
    Source: ME Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,034 +4.8%$22,490 +8%
    2023$1,942 +2.9%$20,820 +7.3%
    2022$1,888 +3.5%$19,410 +3.9%
    2021$1,824 -0.2%$18,690
    2020$1,827 +2.1%$18,690 +2%
    2019$1,790 +2.7%$18,330
    2018$1,743 +290.2%$18,330 +4%
    2017$447 -81.5%$17,630 -1.2%
    2016$2,412 $17,840 +1.2%
    2015$2,412 $17,630
    2014$2,412 $17,630 -30.7%
    2013$2,412 $25,440 -25.5%
    2012$2,412 +1%$34,130 -0.7%
    2011$2,387 -1.7%$34,380 -2.4%
    2010$2,429 $35,210
    Find assessor info on the county website

    Neighborhood: 62656

    Nearby schools

    GreatSchools rating
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