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162 Railroad Ave, Lincoln, IL, 62656

$150,000

Home List Price

$1,781*

Closing Credit

2 Bedrooms
1 Full Bath
1,031 SqFt
$145/SqFt
House

Location

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162 Railroad Ave, Lincoln$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel
Year Built1882
HeatingNatural Gas, Forced Air, Central
CoolingCeiling Fan(s)
BasementYes
MLS #CA1032264
Lot Size0.60 Acres
StatusActive

About 162 Railroad Ave

Situated on an expansive .60 acre parcel of ground, you will find this tastefully renovated virtually new two bedroom vinyl sided ranch style home! Expect to be impressed by the thorough renovation that this sharp residential dwelling has seen in recent months by the current owner. The turn key interior boasts a front facing living room, formal dining room with a side facing bay window, lovely fully equipped kitchen with an adjacent pantry area, two comfortably sized bedrooms, and a full hall bath with adjacent laundry facilities. Property also features a large usable basement, partially covered front/side porch/deck, vinyl replacement windows, rear storage shed, newer poured concrete rear patio, and various recent updated features including luxury vinyl plank flooring throughout, modernized fixtures, fresh paint, newer trim and doors, newly installed blinds/window treatments -- the list goes on! Needing all appliances? This residential gem has all including a newly installed washer and dryer. This one is SHARP -- definitely NOT just a quick flip! Expect to be impressed!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1882
  • Living Area: 1,031 SqFt

Listing Office:

  • Office Name: ME Realty
  • Listing Agent: Seth Goodman

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Oven, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Interior: Blinds, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Porch, Shed(s), Replacement Windows

Parking Information:

  • Parking: Gravel

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.60 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Central
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Lincoln Community High School, Public District Grades 9-12
  • Lincoln Jr High School, Public District Grades 6-8
  • Central Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Property is located at 162 Railroad Avenue, Lincoln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $145/SqFt

Tax Information:

  • Annual Amount: $1,504
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lincoln, IL.

Med. Sold Price

$119.3K

Med. Price/SqFt

$88

Avg. Days On Market

20

# of Sold Homes

27

162 Railroad Ave vs Lincoln

33 DAYS ON ROCKET

+13 Days

$150,000

+$30.7K More

$145/SqFt

+$57 More

KEY TAKEAWAY

This property is $30.7K more than the Median Sold Price and $57/SqFt more than other homes in Lincoln, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1032264

Listing Office:

  • Office Name: ME Realty
  • Listing Agent: Seth Goodman

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,504$15,710
2019$1,464$15,400
2018$1,456$14,810
2017$107$14,810

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2193948
8
/10
  • Central Elementary School

  • 100 7th St

  • 0.56 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2193949
7
/10
  • Lincoln Jr High School

  • 208 Broadway St

  • 0.62 miles

  • Public District Grades 6-8

High School

school-card-donut-2193950
6
/10
  • Lincoln Community High School

  • 1000 Primm Rd

  • 0.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,262. Residents of Lincoln, IL typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 162 Railroad Ave

What is the listing price of this property?

The listing price of 162 Railroad Ave property is $150,000.

What type of property is this?

The property 162 Railroad Ave is a house located in Lincoln, Illinois, 62656.

Is this property for sale now?

Active Listing: 162 Railroad Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 162 Railroad Ave are:
Central Elementary School: GreatSchools Rating 8/10
Lincoln Jr High School: GreatSchools Rating 7/10
Lincoln Community High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,504 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 162 Railroad Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 162 Railroad Ave is 1,031 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 162 Railroad Ave is 1882.

Rocket Homes›Illinois›Logan County›Lincoln›62656›162 Railroad Ave

This home is located at 162 Railroad Ave in Lincoln, IL and zip code 62656. This 1,031 square foot home, which was built in 1882, sits on a 0.60 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $150,000.

In October 2024 more than 10 listings in Lincoln, IL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 8 were sold below. In October 2024 in Lincoln, IL there were 9.3% more homes for sale than in September 2024. While the average time on the market in October 2024 was 20 days, the median list price was $119,300.

From Rocket Homes Real Estate and based on county public records data.

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