$239,900

114 E Lincoln St Saybrook, IL 61770

Estimated payment $1,572/month

Total Views 3,214
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

A fantastic investment opportunity awaits with this well-maintained four-unit property in Saybrook. The building features three spacious one-bedroom, one-bath apartments and one two-bedroom, one-bath apartment, all currently rented and generating steady income. Recent updates add peace of mind, including a new roof, new hot water heater servicing the entire building, updated flooring, fresh paint, and modern lighting throughout. The property also comes with an additional adjacent lot, offering potential for expansion or outdoor enjoyment. This property is a smart addition to any investment portfolio-or a chance to live in one unit while letting the others help with your expenses. With strong rental history and key improvements already made, 114 East Lincoln is ready to keep working for you from day one.

Listing Agent

Michael Hogue

RE/MAX REALTY ASSOCIATES-CHA License #475134094 Listed on: 09/30/2025

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,791

Year Built

  • Built in 1919

Lot Details

  • Lot Dimensions are 160 x 104 x 80 x 20

Interior Spaces

  • 3-Story Property
  • 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

$3,791

Year Built

Built in 1919

Lot Details

0

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
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Bathrooms: No
  • 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: 3790.72
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

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

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
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

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2025 09/30/25 For Sale $239,900 +83.8% --
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

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

Date Status Loan Amount Loan Type
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: 12481719

Midwest Real Estate Data (MRED)

APN: 25-28-209-004