Estimated payment $981/month
Impressive 5 BR, 1.5 bath Italian Villa style home is ready for new owners to continue it's historic journey, after being placed in the "National Register of Historic Places" in 1980. It's been named as the "Sarah Martin House", as noted in wikipedia, and later known as the "Morris" home. Designed by John Cochrail, who also designed the IL & IA state capitals. Built w/ brick layered 16-22 inches, wrought iron fence, windows topped w/ ornamental cut stone & cast iron headers, as well as several leaded & etched glass windows. Interior boasts hardwood floors, amazing untouched woodwork, tall ceilings, magnificent walnut spiraling staircase, plus a 2nd staircase, ornate ceilings, pocket doors, 3 fireplaces, & more. Tap into the potential to restore the landscaped yard to previous beauty of flowing fountains, utilizing the current flowering plants & trees, & parklike design. Original concrete blocks & materials were left to recreate the original front porch. Sandstone foundation. Water heater ~3 years old. 2 CAs & 2 Furnaces. 2 car detached garage needs new door. This home has been previously divided into 5 apartments & would make a wonderful B&B as an investment opportunity w/ proper accommodations made or a phenomenal residential home. Selling AS-IS. Pre-qualified buyers ONLY.
Listing Agent
Mel Foster Co. Galesburg Brokerage Phone: 309-343-6168 License #475122938 Listed on: 07/10/2025
| 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 | $1,640 | $40,120 | $4,280 | $35,840 |
| 2023 | $1,640 | $37,610 | $4,010 | $33,600 |
| 2022 | $2,556 | $35,920 | $3,830 | $32,090 |
| 2021 | $2,477 | $33,660 | $3,590 | $30,070 |
| 2020 | $2,336 | $33,660 | $3,590 | $30,070 |
| 2019 | $2,223 | $32,790 | $3,500 | $29,290 |
| 2018 | $1,665 | $16,300 | $3,460 | $12,840 |
| 2017 | $1,640 | $32,270 | $3,440 | $28,830 |
| 2016 | $1,573 | $32,280 | $3,440 | $28,840 |
| 2015 | -- | $31,520 | $3,360 | $28,160 |
| 2014 | -- | $30,760 | $3,280 | $27,480 |
| 2013 | -- | $29,390 | $3,130 | $26,260 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Price Changed | $154,900 | -6.1% | $56 / Sq Ft |
| 07/16/2025 07/16/25 | For Sale | $164,900 | -- | $59 / Sq Ft |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $172,000 | Unknown | |
| Closed | $65,000 | New Conventional |
$137,500
Coming Soon! Showings begin 9/8/25. Step back in time in Monmouth, Illinois. Historical and captivating family home of the late 1800's businessman, banker, and railroad entrepreneur John Daniel Lynch. Investors look here! What an unbelievable opportunity for a Bed & Breakfast! Wood trim and beautiful pocket doors are exquisite and in excellent condition. Bring this 3 story masterpiece back
Tom Bracey RE/MAX Concepts Moline
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Amber Patrick C21 Purdum-Epperson Inc
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Beautifully renovated two story four bedroom one bath home on corner lot just waiting for someone to make it home. Improvements include new forced air gas furnace, water heater, roof, windows, flooring, electrical and plumbing. Kitchen and dining open to each other and offers wonderful natural lighting. Under staircase closet/pantry area offers plenty of room to incorporate a half bath on the
Barbara Scott HSHR, Inc.
Source: RMLS Alliance
MLS Number: CA1037723
APN: 09-205-088-00
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