$225,000

114 E Lincoln St Saybrook, IL 61770

Estimated payment $1,567/month

Total Views 111
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Don't miss this excellent opportunity to own a well-maintained four-unit investment property in the charming small town of Saybrook. The building offers a desirable unit mix with three one-bedroom, one-bath apartments and one two-bedroom, one-bath apartment, providing strong rental appeal and steady income potential. The unit layout includes: Recent improvements include fresh paint throughout, updated flooring, modern lighting, and two units that have been refurbished and are move-in ready for new tenants. Additional updates include a newer roof and a newer water heater that services the entire building. With spacious bedrooms, attractive updates, and excellent income potential, this property is an ideal addition to an investment portfolio or a great opportunity for a first-time investor looking for a turnkey rental property.

Listing Agent

Michael Hogue

RE/MAX REALTY ASSOCIATES-CHA License #475134094 Listed on: 08/07/2026

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,957

Year Built

  • Built in 1919

Lot Details

  • Lot Dimensions are 160 x 104 x 80 x 20

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Ridgeview Elementary School
  • Ridgeview Jr High Middle School
  • Ridgeview High School

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,957

Year Built

Built in 1919

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1919
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: TOWN COUNCIL SURVEY OF 1869 E 103' LOT 4, E103' S47.96' LOT 5 & E87' LOT 6 & N14.77' LOT 5 BLK 29
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Other
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Heating: Natural Gas, Electric
  • Water Source: Public

Schools

  • Elementary School: Ridgeview Elementary School
  • High School: Ridgeview High School
  • Middle/Junior School: Ridgeview Jr High School

Lot Info

  • Lot Dimensions: 160 X 104 X 80 X 20
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 3956.54
  • Tax Year: 2025
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Story Unit/s

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,323 $47,057 $4,140 $42,917
2024 $2,803 $43,383 $3,817 $39,566
2022 $2,803 $31,453 $3,223 $28,230
2021 $2,819 $31,453 $3,223 $28,230
2020 $2,790 $30,967 $3,173 $27,794
2019 $2,791 $30,967 $3,173 $27,794
2018 $2,596 $29,608 $3,034 $26,574
2017 $2,597 $29,608 $3,034 $26,574
2016 $2,556 $29,050 $2,977 $26,073
2015 $2,427 $27,356 $2,803 $24,553
2014 $2,281 $26,178 $2,682 $23,496
2013 -- $28,309 $2,900 $25,409
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2026 08/07/26 For Sale $225,000 +72.4% --
06/01/2023 06/01/23 Sold $130,500 0.0% $44 / Sq Ft View Prior Sale
05/17/2023 05/17/23 Pending -- -- --
05/01/2023 05/01/23 Off Market $130,500 -- --
04/24/2023 04/24/23 Pending -- -- --
11/07/2022 11/07/22 For Sale $135,000 -- $46 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $130,500 None Listed On Document
Warranty Deed $65,000 Frontier Title Co
Warranty Deed $56,000 Mclean County Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $147,359 New Conventional
Previous Owner $111,350 New Conventional
Previous Owner $65,820 No Value Available
Previous Owner $61,000 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12723501

Midwest Real Estate Data (MRED)

APN: 25-28-209-004

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