Great aluminum sided duplex situated on a corner lot within walking distance of various amenities. Each unit features a living room, equipped eat-in kitchen with adjacent laundry facilities, pantry area, and an exterior access point, two bedrooms, full hall bath, and an attached garage. Property also features a rear shared concrete patio area. Palmer unit is currently rented for $550.00/month ($550.00 deposit) -- 23rd unit currently rents for $625.00/month ($625.00 deposit). Seller pays for sewer and garbage currently -- tenant pays for gas, electric, and water. Live in one side -- let the other contribute toward the mortgage -- or rent both units out -- the choice is yours! A solid investment opportunity awaits you and yours at 700 Palmer Avenue/310 23rd Street, Lincoln!
Sold for $100,000
$100,000
700 Palmer Ave, Lincoln, IL 62656
4beds
2baths
1,736sqft
Multi Family, Duplex
Built in 1978
-- sqft lot
$148,800 Zestimate®
$58/sqft
$999 Estimated rent
Home value
$148,800
$134,000 - $164,000
$999/mo
Zestimate® history
Owner options
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$999/mo
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$999/mo
Rent Zestimate®
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$576/mo
Est. payment
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$576/mo
Est. payment
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List your homeWhat's special
Great aluminum sided duplexPantry areaExterior access pointFull hall bath
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#: CA1023786
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Water Heater
- Laundry: Units Hook-Ups
Features
- Basement: Crawl Space
Interior area
- Total structure area: 1,736
- Total interior livable area: 1,736 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Has attached garage: Yes
Lot
- Size: 6,400 Square Feet
- Dimensions: 80 x 80
- Features: Corner Lot, Level
Details
- Parcel number: 1260701600
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Aluminum Siding
- Foundation: Block, Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $58/sqft
- Tax assessed value: $131,970
- Annual tax amount: $3,693
- Date on market: 8/1/2023
- Cumulative days on market: 74 days
- Lease term: Month To Month
- Tenant pays: Water
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2023 | Sold | $100,000-9.1%$58/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #CA1023786 Report a problem | ||
| 10/13/2023 | Pending sale | $110,000$63/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1023786 Report a problem | ||
| 9/6/2023 | Price change | $110,000-8.3%$63/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1023786 Report a problem | ||
| 8/1/2023 | Listed for sale | $120,000+54.8%$69/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1023786 Report a problem | ||
| 12/2/2020 | Sold | $77,500$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,978 +4.7% | $43,990 +8% |
| 2023 | $3,799 +2.9% | $40,740 +7.3% |
| 2022 | $3,694 +3.5% | $37,980 +3.9% |
| 2021 | $3,569 -0.2% | $36,570 |
| 2020 | $3,576 +2.2% | $36,570 +2% |
| 2019 | $3,500 +2.7% | $35,850 |
| 2018 | $3,408 +6.3% | $35,850 +4% |
| 2017 | $3,207 -5.6% | $34,470 -1.2% |
| 2016 | $3,398 | $34,880 -3.9% |
| 2015 | $3,398 | $36,310 |
| 2014 | $3,398 | $36,310 +8.4% |
| 2013 | $3,398 | $33,510 -1.4% |
| 2012 | $3,398 +1.4% | $34,000 -0.7% |
| 2011 | $3,352 -0.8% | $34,240 -2.4% |
| 2010 | $3,378 | $35,070 |
Find assessor info on the county website
Neighborhood: 62656
Nearby homes
- $130,8002 bd1 ba1.7k sqft700 Palmer Ave #310, Lincoln, IL 62656Off Market
- $125,000-- bd-- ba-- sqft710 Palmer Ave, Lincoln, IL 62656Sold
- $162,9002 bd1 ba1.7k sqft710 Palmer, Lincoln, IL 62656Off Market
- $137,000-- bd-- ba-- sqft308 23rd St, Lincoln, IL 62656Off Market
- $135,0003 bd2 ba944 sqft720 Palmer Ave, Lincoln, IL 62656Pending
- $175,000-- bd-- ba-- sqft630 Palmer Ave, Lincoln, IL 62656Off Market
- $102,5004 bd3 ba1.2k sqft306 23rd St, Lincoln, IL 62656Sold
- $77,6002 bd1 ba870 sqft705 Palmer Ave, Lincoln, IL 62656Sold
Nearby schools
GreatSchools rating
- NAAdams Elementary SchoolGrades: PK-2Distance: 0.6 mi
- 4/10Lincoln Jr High SchoolGrades: 6-8Distance: 1 mi
- 2/10Lincoln Community High SchoolGrades: 9-12Distance: 2.1 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
- 700 Palmer Ave
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