Seller represented by:
SETH A. GOODMAN, Broker/Owner with ME Realty

1122 Delavan St Lincoln, IL 62656
  • For Sale
  • Multi Family · 3 Units

1122 Delavan St Lincoln, IL 62656 Get directions

$169,900 $66/Sq. ft.
7 Beds 4 Baths 2,576 Sq. ft. 12,000 Sq. ft. Lot
  • Age 44 Years
  • MLS# CA1006840
  • Listed 1 Month 14 Days Ago

Overview

Expansive one owner aluminum sided tri-plex situated on a roomy 80X150 corner lot across from a grade school and just steps from the downtown district! End unit (1122) features a living room with a corner woodburning fireplace and lovely stained glass window, an equipped kitchen with breakfast bar, conveniently located laundry/mudroom area, three bedrooms including a master suite with a full bath, two closets, and an exterior access point, and a second full hall bath. Unit also has a partial basement and a two car attached garage. The additional units (1118 and 1114) are host to an open living/kitchen/laundry concept, two bedrooms, and a full hall bath. 1118 rents for $500.00/month (no deposit) -- 1114 rents for $525.00/month ($525.00 deposit). This all electric property also features a fenced yard. All range/oven and refrigerators to remain. Sellers pay sewer and garbage -- tenants pay remaining utilities. A rock solid investment!

Features

Bedrooms

  • Bedrooms: 7

Appliances

  • Laundry Facilities: Units Hook-Ups

Other Rooms

  • Basement Features: Crawl Space, Partial, Block, Concrete

Bathrooms

  • Full Bathrooms: 4

Heating and Cooling

  • Electric
  • Forced Air
  • Central Air

Exterior and Lot Features

  • Fenced

Land Info

  • Lot Description: Corner, Level
  • Lot Size Acres: 0.2754821
  • Lot Size Dimensions: 80X150
  • Lot Size Square Feet: 12000

Garage and Parking

  • Garage Spaces: 2
  • Parking Features: Attached, On-Street Parking

Rental Info

  • Gross Income: 18300
  • Tenant Pays: Electric Only, Water

Multi-Unit Info

  • Number of Units: 3
  • Bedrooms in Unit-1: 3
  • Bedrooms in Unit-2: 2
  • Bedrooms in Unit-3: 2
  • Full Bathrooms in Unit-1: 2
  • Full Bathrooms in Unit-2: 1
  • Full Bathrooms in Unit-3: 1
  • Unit-1 Garage Spaces: 2
  • Unit 1 Total Actual Rent: 500
  • Unit 2 Total Actual Rent: 525
  • Unit 3 Total Actual Rent: 500

School Information

  • High School: Lincoln

Other Property Info

  • Annual Tax Amount: 2724.84
  • Source Listing Status: Active
  • County: Logan
  • Directions: Property is located at 1114, 1118 and 1122 Delavan Street, Lincoln.
  • Source Property Type: Residential Income
  • Area: Lincoln
  • Source Neighborhood: Lincoln
  • Number of Separate Electric Meters: 3
  • Number of Separate Gas Meters: 3
  • Number of Separate Water Meters: 3
  • Ownership Type: Estate
  • Parcel Number: 08-255-176-00
  • Source System Name: C2C

Commercial Info

  • Net Operating Income: 18300

Building and Construction

  • Total Square Feet Living: 2576
  • Year Built: 1977
  • Building Exterior Type: Aluminum Siding
  • Property Age: 44
  • Roof: Shingles
  • House Style: 1 Story

Utilities

  • Public Sewer
  • Public Water

Nearby Schools

Rating School Grades Distance
7 Washington-Monroe Elementary School K-5 0.1 mi
8 Lincoln Jr High School 6-8 0.6 mi
3 Lincoln Community High School 9-12 0.6 mi
NA Carroll Catholic Private School PK-8 0.6 mi

School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.

Neighborhood

Property History for 1122 Delavan St

Property Tax

Property Price

Date Event Price Price / Sq ft Source
2021-05-06 Listed $169,900 $65 RMLSAlliance

The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.