2 months on rocket

303 S Sheridan St, Lincoln, IL, 62656

$219,000

Home List Price

$2,601*

Closing Credit

0 Baths
Multi

Location

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303 S Sheridan St, Lincoln$219,000

Buyer Closing Credits

$2,601*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached, Detached, Parking Pad
Attached GarageYes
Year Built1973
HeatingBaseboard, Electric, Central
MLS #CA1032437
StatusActive

About 303 S Sheridan St

This is NOT your every day side by side BRICK corner lot duplex! Situated within walking distance of the downtown district, Lincoln Community High School, and the Lincoln Park District, these units are the true definition of expansive (over 1,550 square feet per unit -- 3 bedrooms and 1.5 baths per unit)! Main floor of each side boasts an equipped eat-in kitchen, hall half bath, and a large open concept living/dining area with great floor space as well as a rear facing exterior access point. Upstairs, you will find three large bedrooms on each side, a full hall bath with a double vanity, and a large hall laundry room area. Each unit also features an attached garage as well as either a rear deck (301) or a rear concrete patio (303). Electric baseboard heat paired with central air conditioning. Seeking storage/work space? This unique property also features an older two car detached garage. New sewer line from property to street in 2024. Kitchen appliances are owned and will remain upon settlement. Current owners pay garbage as well as sewer -- tenants pay for water as well as Ameren. 301 side is currently rented for $750.00/month (long term tenant) -- 303 side is currently rented for $950.00/month. Live in one side and let the other contribute toward the mortgage -- or use both sides for rental purposes -- the choice is yours! Premier investment property!

Property Details

Property Features

Property Information:

  • Year Built: 1973

Listing Office:

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

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Detached, Parking Pad

Lot Features

Lot Information:

  • Lot: Corner Lot, Level

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Central

Other

Directions Information:

  • Directions: Property is located at 301 & 303 S. Sheridan Street, Lincoln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $219,000

Tax Information:

  • Annual Amount: $3,380
  • Tax Year: 2020
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Housing Market Comparison

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

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Lincoln, IL

City

Med. Sold Price

$121.9K

Med. Price/SqFt

$89

Avg. Days On Market

39

# of Sold Homes

24

303 S Sheridan St vs Lincoln

72 DAYS ON ROCKET

+33 Days

$219,000

+$97K More

KEY TAKEAWAY

This property is $97K more than the Median Sold Price in Lincoln, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1032437

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: 12/21/2024, 11:51:01 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$3,380$34,800
2019$3,354$34,120
2018$3,334$33,450
2017$644$33,450

History based on county public records data.

Payment Calculator

$1,161

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$723

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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.

Nearby Schools

school-card-donut-844173
7
/10

  • Washington-Monroe Elementary School

  • 1002 Pekin St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-844174
8
/10

  • Central Elementary School

  • 100 7th St

  • 0.64 miles

  • Public District Grades KG-5

school-card-donut-844175
7
/10

  • Northwest Elementary School

  • 506 11th St

  • 1.18 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,315. Typical income of Lincoln, IL residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Logan County›Lincoln›62656›303 S Sheridan St

This home is located at 303 S Sheridan St in Lincoln, IL and zip code 62656. This home was built in 1973. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $219,000.

Over 6 listings were sold over their listed price in November 2024 in Lincoln, IL. In the same period over 13 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Lincoln, IL between October 2024 and November 2024 decreased by 23.5%. While the average time on the market in November 2024 was 39 days, the median list price was $121,950.

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

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