Investor special or opportunity for a buyer looking to build equity! This 4-bedroom, 2-bath home in Petersburg sits on a corner lot and offers tons of potential. The property features a spacious layout, a full basement with a second kitchen, and both a 2-car attached garage plus a 1-car detached garage for extra storage or workspace. With the right vision and updates, this home could truly shine. Being sold as-is, this is a great chance to customize and add value. Conventional or cash financing only.
Sold for $112,000
$112,000
550 W Lincoln Ave, Petersburg, IL 62675
4beds
2,600sqft
Single Family Residence, Residential
Built in 1963
0.25 Acres Lot
$113,900 Zestimate®
$43/sqft
$1,985 Estimated rent
Home value
$113,900
Estimated sales range
Not available
$1,985/mo
Zestimate® history
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$627/mo
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Est. payment
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List your homeWhat's special
Corner lotSpacious layout
Zillow last checked:
Listing updated:
Listed by:
Logan Frazier Pref:217-416-3401,
The Real Estate Group, Inc.
Bought with:
Jessica Shaffer, 475199991
Land & Home Real Estate
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1042653
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: Main
- Dimensions: 13ft 7in x 11ft 5in
Bedroom 2
- Level: Main
- Dimensions: 11ft 5in x 11ft 2in
Bedroom 3
- Level: Main
- Dimensions: 11ft 5in x 8ft 0in
Bedroom 4
- Level: Basement
- Dimensions: 12ft 0in x 12ft 0in
Other
- Area: 1000
Family room
- Level: Basement
- Dimensions: 30ft 6in x 13ft 0in
Kitchen
- Level: Main
- Dimensions: 17ft 8in x 11ft 0in
Living room
- Level: Main
- Dimensions: 21ft 2in x 13ft 9in
Main level
- Area: 1600
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
Features
- Basement: Partially Finished
- Number of fireplaces: 1
Interior area
- Total structure area: 1,600
- Total interior livable area: 2,600 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Detached
- Attached garage spaces: 3
Lot
- Size: 0.25 Acres
- Dimensions: 123 x 90
- Features: Corner Lot, Level
Details
- Parcel number: 1114310018
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Petersburg
Financial & listing details
- Price per square foot: $43/sqft
- Tax assessed value: $136,788
- Annual tax amount: $3,268
- Date on market: 3/30/2026
- Cumulative days on market: 2 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $112,000+12.1%$43/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #CA1042653 Report a problem | ||
| 4/2/2026 | Pending sale | $99,900$38/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1042653 Report a problem | ||
| 3/30/2026 | Listed for sale | $99,900+23.3%$38/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1042653 Report a problem | ||
| 10/7/2019 | Sold | $81,000-4.6%$31/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA676 Report a problem | ||
| 9/9/2019 | Pending sale | $84,900$33/sqft |
Source: Blane Real Estate #CA676 Report a problem | ||
| 8/20/2019 | Price change | $84,900-9.7%$33/sqft |
Source: Blane Real Estate #CA676 Report a problem | ||
| 7/30/2019 | Price change | $94,000-5.9%$36/sqft |
Source: Blane Real Estate #CA676 Report a problem | ||
| 7/10/2019 | Listed for sale | $99,900$38/sqft |
Source: Blane Real Estate #CA676 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,269 +4% | $45,596 +4.3% |
| 2023 | $3,142 +10.3% | $43,708 +3% |
| 2022 | $2,849 -1.9% | $42,435 +0.1% |
| 2021 | $2,904 +2.8% | $42,374 +3.5% |
| 2020 | $2,826 -26.2% | $40,941 -13.7% |
| 2019 | $3,831 +300.6% | $47,449 |
| 2017 | $956 +0.8% | $47,449 |
| 2016 | $948 +0% | $47,449 |
| 2015 | $948 +2% | $47,449 +5.2% |
| 2014 | $929 | $45,103 |
| 2013 | $929 -5.7% | $45,103 |
| 2011 | $985 +0.5% | $45,103 +9.3% |
| 2009 | $980 | $41,266 |
Find assessor info on the county website
Neighborhood: 62675
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Nearby schools
GreatSchools rating
- NAPetersburg Elementary SchoolGrades: PK-2Distance: 0.2 mi
- 3/10Porta High SchoolGrades: 7-12Distance: 0.6 mi
- 6/10Porta CentralGrades: 3-6Distance: 0.7 mi
Schools provided by the listing agent
- High: Porta CUSD #202
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
- Menard County
- Petersburg
- 62675
- 550 W Lincoln Ave
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