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Contingent
  • $249,900

    820 Lincoln Hwy, Rochelle, IL 61068

    4beds
    --sqft
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    Multi Family
    Built in 1920
    -- sqft lot
    $240,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Generously sized roomsFully furnishedAmple off-street parking
    Fantastic investment opportunity with strong income history. This well-maintained duplex features two spacious 2-bedroom, 1-bathroom units. The lower unit is a long-term rental with a reliable tenant who has been in place for multiple years. This unit features generously sized rooms, beautiful hardwood floors in the living room, and both front and back entrances for added convenience. The upper unit is currently operating as a successful short-term rental and comes fully furnished - completely turnkey for the next owner to seamlessly continue short-term rental operations. Just like the lower level, it offers 2 bedrooms, 1 bathroom, a large living room with hardwood floors, and both front and back entrances. Each unit includes two exterior parking spaces accessible from the alley behind the home, providing ample off-street parking. Both units also have access to the basement, where a shared laundry facility is available. Owner currently pays gas, water, sewer, garbage, internet and upstairs electricity.
    81 days
    |
    52
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Daring 815-761-6592,

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12578295MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas
      Features
      • Basement: Unfinished,Full

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Alley, Yes, Owned
      Lot
      • Size: 8,184 Square Feet
      • Dimensions: 66X124
      Details
      • Parcel number: 24241810070000
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Rochelle

      Financial & listing details

      • Tax assessed value: $159,519
      • Annual tax amount: $4,679
      • Date on market: 4/3/2026
      • Ownership: Fee Simple

        Estimated market value

        $240,700

        $229,000 - $253,000

        $1,008/mo

        Price history

        DateEventPrice
        5/20/2026Listing removed$249,900
        Source: MRED as distributed by MLS GRID #12578295 Report a problem
        5/1/2026Contingent$249,900
        Source: MRED as distributed by MLS GRID #12578295 Report a problem
        4/3/2026Listed for sale$249,900+39.6%
        Source: MRED as distributed by MLS GRID #12578295 Report a problem
        6/8/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/6/2024Listed for rent$1,650
        Source: Zillow Rentals Report a problem
        4/19/2024Sold$179,000-3.7%
        Source: MRED as distributed by MLS GRID #11985229 Report a problem
        3/13/2024Contingent$185,900
        Source: MRED as distributed by MLS GRID #11985229 Report a problem
        2/21/2024Listed for sale$185,900
        Source: MRED as distributed by MLS GRID #11985229 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,680 +44%$53,173 +44.7%
        2023$3,249 -0.3%$36,756 +5.1%
        2022$3,258 +5.2%$34,976 +8.2%
        2021$3,097 +3.9%$32,311 +5%
        2020$2,981 +4.4%$30,773 +3.8%
        2018$2,854 +1.4%$29,650
        2017$2,815 +6.9%$29,650 +2.8%
        2016$2,634 +1.4%$28,837 +6.3%
        2015$2,597 -3.5%$27,134
        2014$2,690 -3.9%$27,134 -4.6%
        2013$2,800 $28,445 -6%
        2012-- $30,270 -3.5%
        2011-- $31,371 -2.7%
        2010-- $32,258 -22.2%
        2009-- $41,481
        2008$3,688 -3.3%$41,481 -4.2%
        2007$3,813 $43,314

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          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.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 61068

          Getting around

          70 / 100
          Very Walkable
          55 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • High: Rochelle Township High School
          • District: 231

          Source: MRED 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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