$320,000
SOLD MAY 7, 2025

1903 Pulaski St Lincoln, IL 62656

8 Beds
-- Bath
3,900 Sq Ft
0.44 Acres

Recently Sold

$82 Per Sq Ft

9% Below List Price

70 Days on Market

Highlights

  • 5 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of May 2025

Check out this rare opportunity to own one of the nicest apartment complexes in Lincoln, IL! Situated at the corner of Pulaski and Sycamore St, this 5 unit/door multi family structure could be the center piece of your investment portfolio! Each units features +/- 780 sqft, two bedrooms, one bathroom, a good sized kitchen and living area, private laundry facility, and an attached single car garage. One unit offers an additional garage bay that is currently being used for landlord storage. The property received a new architectural shingle roof in 2021. Each unit is currently occupied with great tenants. Rents are $718.00, $850.00, $825.00, $825.00, and $625.00. Owner currently pays for trash (+/- $18/month per unit), sewer (+/- $40/month per units) and lawn care. Contact the agent of your choosing today to set up a private showing. Please allow 48 hours notice to contact current tenants to set up appointments.

Last Agent to Sell the Property

Ty Tucker

ME Realty License #475185836 Listed on: 01/22/2025

Last Buyer's Agent

Chynna Farmer

ME Realty License #475166541

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,310

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 105x183

Home Design

  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 8 Bedrooms
  • 3,900 Sq Ft Home
  • Crawl Space

Parking

  • 5 Car Attached Garage
  • On-Street Parking

Schools

  • Lincoln Comm District #404 High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Trash Expense $1,080

Listing and Financial Details

  • Tenant pays for water
  • Assessor Parcel Number 08-031-080-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,310

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1974
  • New Construction: No
  • Structure Type: Apartment Building, Other
  • PricePerSqFt: 82.05
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Total Bedrooms: 8

Exterior Features

  • Lot Features: Other
  • Road Surface Type: Paved
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Attached, On Street
  • Total Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Gas Water Heater
  • Water Sewer Expenses: 2400
  • Laundry Features: Private
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 5
  • NumberOfHeatingUnits: 5
  • NumberOfCentralAirUnits: 5
  • NumberOfGasMeters: 5
  • NumberOfElectricMeters: 5
  • NumberofWaterMeters: 5

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1080
  • AdvertisingExpense: 0

Schools

  • High School: Lincoln Comm District #404

Lot Info

  • Lot Size: 105x183
  • Parcel #: 08-031-080-00

Rental Info

  • Tenant Pays: Water
  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6310.3
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 3843
  • Annual Operating Expense: 3480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Apr 24, 2025
Sold by
Cride James R and Cride Lacey L
Bought by
Camaleon Llc
Seller's Agent
Ty Tucker
ME Realty
Buyer's Agent
Chynna Farmer
ME Realty
List Price
$349,900
Sold Price
$320,000
Premium/Discount to List
-$29,900
-8.55%
Views
49
Current Estimated Value
$301,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,150
Avg. Annual Appreciation
-17.69%
Original Mortgage
$240,000
Outstanding Balance
$239,364
Interest Rate
6.65%
Mortgage Type
Commercial
Estimated Equity
$62,486

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 10, 2021
Sold by
Jgm Properties Llc
Bought by
Crider James R and Crider Lacey L
Seller's Agent
Tena Schneider
IN BETWEEN OFFICES
Buyer's Agent
Tena Schneider
IN BETWEEN OFFICES
List Price
$225,000
Sold Price
$214,000
Premium/Discount to List
-$11,000
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Original Mortgage
$171,200
Interest Rate
3.01%
Mortgage Type
New Conventional
Source: Public Records

Similar Home in Lincoln, IL

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    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $320,000 None Available
Warranty Deed $214,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 Commercial
Previous Owner $246,400 New Conventional
Previous Owner $171,200 New Conventional
Previous Owner $485,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $320,000 -8.5% $82 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $349,900 +63.5% $90 / Sq Ft
11/10/2021 11/10/21 Sold $214,000 -4.9% $55 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $225,000 -- $58 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

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 $6,687 $78,070 $12,090 $65,980
2023 $6,310 $72,280 $11,190 $61,090
2022 $6,062 $67,550 $10,460 $57,090
2021 $5,864 $64,850 $10,040 $54,810
2020 $5,812 $63,890 $9,890 $54,000
2019 $5,700 $62,640 $9,700 $52,940
2018 $5,656 $61,410 $9,510 $51,900
2017 $5,665 $61,410 $9,510 $51,900
2016 $5,628 $61,350 $9,500 $51,850
2015 $5,005 $56,100 $8,980 $47,120
2014 $5,005 $56,100 $8,980 $47,120
2013 $5,005 $53,250 $8,520 $44,730
2012 $5,005 $54,210 $8,670 $45,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1034048

RMLS Alliance

APN: 08-031-080-00