$168,500

413 E Lincoln St Monticello, IL 61856

Estimated payment $1,045/month

Total Views 53,607
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Shed
  • 5-minute walk to Nick's Park
  • White Heath Elementary School Rated A
  • Forced Air Heating System

About This Home

Investment opportunity! 2 properties on one parcel! Charming bungalow styled home and 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

Listing Agent

Matthew Foster

RE/MAX REALTY ASSOCIATES-MONT License #475124113 Listed on: 10/01/2025

RE/MAX REALTY ASSOCIATES-MONT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,960

Lot Details

  • Lot Dimensions are 78.75 x 170
  • Corner Lot

Parking

  • 4 Parking Spaces

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Monticello Elementary School
  • Monticello Junior High School
  • Monticello High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Shed

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: BKL 11 LOT 1 & E 1/2 OF LOT 2 KEENAN'S ADDITION TO MONTICELLO 52 9 37
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Cellar, Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding, Masonite, Other
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Schools

  • Elementary School: Monticello Elementary
  • High School: Monticello High School
  • Middle/Junior School: Monticello Junior High School

Lot Info

  • Lot Dimensions: 78.75 x 170
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 1960
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,Other

Map

Range of Values:

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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 $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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $80,000 --
Source: Public Records

About the Listing Agent

Matthew Foster

RE/MAX REALTY ASSOCIATES-MONT

(217) 624-7043

Section Image

I'm an expert real estate agent with RE/MAX REALTY ASSOCIATES-MONT in Monticello, IL and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

Matthew's Other Listings

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    $168,500

    • 2 Beds
    • 1 Bath
    • 902 Sq Ft
    • 413 E Lincoln St
    • Monticello, IL

    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

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  • 716 E Grant St, Monticello, IL 61856

    $312,500 Pending

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    • 2 Baths
    • 1,468 Sq Ft
    • 716 E Grant St
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    Take a look at this new construction with a convenient location on a large, freshly sodded lot. Open and inviting you will fall in love with the spacious lay out of this home. Vaulted living room combined with the striking kitchen are just a few features that catch you eye as walk in the door. Quartz tops and a tiled back splash are just a few of the features making this home fabulous. The

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  • 817 E High St, Monticello, IL 61856

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    • 1 Bath
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    • 817 E High St
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    Charming bungalow filled with character and warmth! This inviting home offers 2 bedrooms and a full bath on the main floor plus a spacious primary bedroom upstairs for added privacy. Beautiful hardwood floors flow throughout, complimenting the classic style of the home. Enjoy your morning coffee on the enclosed front porch or relax outdoors on the large deck overlooking a fenced yard with mature

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  • 532 N Charter St, Monticello, IL 61856

    $175,000

    • 2 Beds
    • 1.5 Baths
    • 1,236 Sq Ft
    • 532 N Charter St
    • Monticello, IL

    Step into timeless charm! This classic home is loaded with character and original details. Featuring beautiful hardwood floors, classic light fixtures, large trim and doors with classic transoms above. The spacious floor plan with 2 bedrooms and 1 1/2 baths offers effortless flow for entertaining and everyday living. The generously sized kitchen is filled with natural light and has exposed brick

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  • 914 E Washington St, Monticello, IL 61856

    $171,500 Pending

    • 3 Beds
    • 1 Bath
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    • 914 E Washington St
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    Charming 3 bedroom home on a spacious corner lot. This well maintained 3 bedroom, 1 bath home offers comfort, character and functionality in a desirable corner lot setting. Tall ceilings and an open floor plan create an inviting sense of space. and natural light throughout the main living areas. The generously sized lot provides ample outdoor space complete with a garden shed for storage and a

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  • 1201 E Center St, Monticello, IL 61856

    $359,900 Pending

    • 3 Beds
    • 2.5 Baths
    • 2,388 Sq Ft
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    This is the one you have been waiting for! Welcome to this exceptional waterfront ranch in the sought after Chimneys Subdivision. This beautifully maintained brick and sided home offers an open and inviting floor plan while still providing privacy. The spacious living room features a vaulted ceiling, a striking fireplace and picturesque water views. Enjoy additional living space with the front

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  • 512 Prairie Lane Dr, Monticello, IL 61856

    $425,000

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    • 2.5 Baths
    • 2,389 Sq Ft
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    Beautiful custom built brick and stone ranch offering over 2300 sqft of timeless craftsmanship and modern comfort. This 3 bedroom, 2 1/2 bath home features gleaming hardwood floors, vaulted ceilings and an abundance of natural light from skylights. The open concept kitchen flows seamlessly into the dining and living area, where a striking stone fireplace creates a warm focal point. Enjoy tranquil

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  • 809 S Longview Rd, Monticello, IL 61856

    $224,900 Pending

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    Updated ranch with a great Monticello location. Lush landscaping and mature trees welcome you into this updated 3 bedroom 1 bath home. As soon you walk in to the spacious living room you will be impressed with the gleaming hardwood flooring and great natural light. The updated kitchen has great cabinet and counter space as well as stainless steel appliances. A patio door off the kitchen allows

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  • 1075 Il Route 10, Sangamon Township, IL 61856

    $420,000

    • Land
    • 20 Acres
    • $21,000 per Acre
    • 1075 Il Route 10
    • Sangamon Township, IL

    20 acres with great access off on IL Rt. 10. Tillable land perfect to build your dream home or use as a hobby farm or income from the tillable farm ground. Great parcel with creek in the back and newly planted trees. All in the Monticello School district with a centralized location. Access to Champaign, Decatur and Bloomington is not far off with access to I-72 and I-74. If you have dreamed of

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12484944

Midwest Real Estate Data (MRED)

APN: 05-00-54-000-395-00