413 E Lincoln St Monticello, IL 61856
Estimated payment $1,040/month
Highlights
- Guest House
- Vaulted Ceiling
- Formal Dining Room
- White Heath Elementary School Rated A-
- Wood Flooring
- 5-minute walk to Nick's Park
About This Home
Investment opportunity! 2 properties on one parcel! Charming bungalow styled home with a private studio/guest house that is currently rented month to month, offers 2 opportunities in one. This property offers an excellent opportunity to move right in and collect some rent in the process or add to your rental portfolio. Freshly painted with refinished hardwood flooring and new laminate in the kitchen. The 2 bedroom home offers 1 full bath, large eat in kitchen with a formal dining room and spacious living room. Abundance of windows allow for ample nature light to permeate thought out the home. The oversized corner lot has mature trees and newer oversized garden shed. This property offers an excellent opportunity for an additional income stream. The 1 bedroom/1 bath studio/guest house has hardwood floors and vaulted ceilings with an open concept. Approximately 400 sqft and is currently rented month to month with a long term tenant who is anxious to stay should the new owner not need the space for their own personal use. Check out this well maintained and freshly updated home today. You will not be disappointed.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,925
Parking
- 2 Parking Spaces
Home Design
- Bungalow
Interior Spaces
- 902 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Family Room
- Living Room
- Formal Dining Room
- Partial Basement
- Breakfast Bar
- Laundry Room
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Outdoor Features
- Patio
- Shed
Schools
- Monticello Elementary School
- Monticello Junior High School
- Monticello High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Lot Dimensions are 78.75x170
- Guest House
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,960 | $31,350 | $6,478 | $24,872 |
| 2023 | $1,925 | $29,437 | $6,083 | $23,354 |
| 2022 | $1,803 | $27,130 | $5,606 | $21,524 |
| 2021 | $1,715 | $25,474 | $5,264 | $20,210 |
| 2020 | $1,675 | $24,853 | $5,136 | $19,717 |
| 2019 | $1,619 | $24,426 | $5,048 | $19,378 |
| 2018 | $1,560 | $23,796 | $4,918 | $18,878 |
| 2017 | $1,498 | $23,796 | $4,918 | $18,878 |
| 2016 | $1,427 | $22,750 | $4,702 | $18,048 |
| 2015 | $1,444 | $22,750 | $4,702 | $18,048 |
| 2014 | $1,444 | $22,750 | $4,702 | $18,048 |
| 2013 | $1,444 | $22,750 | $4,702 | $18,048 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | For Sale | $168,500 | 0.0% | $187 / Sq Ft |
| 11/07/2025 11/07/25 | Pending | -- | -- | -- |
| 10/01/2025 10/01/25 | Price Changed | $168,500 | -3.7% | $187 / Sq Ft |
| 07/12/2025 07/12/25 | Price Changed | $175,000 | -10.3% | $194 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $195,000 | 0.0% | $216 / Sq Ft |
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 05/09/2025 05/09/25 | For Sale | $195,000 | -- | $216 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $80,000 | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12359776
APN: 05-00-54-000-395-00
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