551 3rd St Lincoln, IL 62656
Estimated payment $619/month
About This Home
This 3-bedroom, 2-bath single-family home offers 1,152 square feet of comfortable living space with a functional layout suited for everyday living. The home features a spacious living area, generously sized bedrooms, and a practical kitchen with ample cabinet space. Enjoy additional living space with the enclosed front porch, perfect for relaxing or extra storage. The fenced backyard offers room for pets, play, or entertaining, and includes a storage shed for tools and outdoor equipment. Central air system is present but currently needs repair, offering an opportunity for future improvement and added value. With a few updates, this property has great potential for both homeowners and investors. Property is being sold As-Is.
Listing Agent
Land & Home Real Estate Brokerage Phone: 217-314-1293 License #475211997 Listed on: 02/19/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,716
Year Built
- Built in 1951
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 199x40
Parking
- On-Street Parking
Home Design
- 1,152 Sq Ft Home
- Shingle Roof
- Vinyl Siding
Kitchen
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Central Elementary School
- Lincoln Jr High Middle School
- Lincoln High School
Utilities
- Window Unit Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 12-471-016-00
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 | $1,716 | $18,970 | $4,880 | $14,090 |
| 2023 | $1,010 | $17,570 | $4,520 | $13,050 |
| 2022 | $1,010 | $16,380 | $4,210 | $12,170 |
| 2021 | $954 | $15,770 | $4,050 | $11,720 |
| 2020 | $1,778 | $24,180 | $4,050 | $20,130 |
| 2019 | $1,729 | $23,710 | $3,970 | $19,740 |
| 2018 | $1,661 | $22,800 | $3,820 | $18,980 |
| 2017 | $1,652 | $22,800 | $3,820 | $18,980 |
| 2016 | $1,636 | $23,060 | $3,860 | $19,200 |
| 2015 | $1,488 | $22,310 | $3,720 | $18,590 |
| 2014 | $1,488 | $22,310 | $3,720 | $18,590 |
| 2013 | $1,488 | $20,590 | $3,430 | $17,160 |
| 2012 | $1,488 | $20,890 | $3,480 | $17,410 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/09/2026 04/09/26 | Price Changed | $89,900 | -10.1% | $78 / Sq Ft | |
| 03/17/2026 03/17/26 | Price Changed | $100,000 | -4.8% | $87 / Sq Ft | |
| 02/19/2026 02/19/26 | For Sale | $105,000 | +288.9% | $91 / Sq Ft | |
| 10/29/2019 10/29/19 | Sold | $27,000 | 0.0% | $23 / Sq Ft | View Prior Sale |
| 10/29/2019 10/29/19 | Sold | $27,000 | 0.0% | $23 / Sq Ft | View Prior Sale |
| 09/30/2019 09/30/19 | Pending | -- | -- | -- | |
| 09/30/2019 09/30/19 | Pending | -- | -- | -- | |
| 09/17/2019 09/17/19 | For Sale | $27,000 | 0.0% | $23 / Sq Ft | |
| 09/15/2019 09/15/19 | For Sale | $27,000 | 0.0% | $23 / Sq Ft | |
| 08/14/2019 08/14/19 | Off Market | $27,000 | -- | -- | |
| 07/31/2019 07/31/19 | For Sale | $27,000 | -- | $23 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $27,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Deed | $65,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $24,300 | New Conventional |
Source: RMLS Alliance
MLS Number: CA1041861
APN: 12-471-016-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of RMLS Alliance as distributed by MLS GRID
- 405 5th St
- 302 4th St
- 228 4th St
- 219 5th St
- 515 S Maple St Unit 517
- 220 Pine St
- 1008 3rd St
- 617 Short 8th St
- 413 8th St
- 407 S Kickapoo St
- 407 9th St
- 410 S Chicago St
- 204 9th St
- 211 S Hamilton St
- 113 N Kickapoo St
- 409 N Madison St
- 411 N Madison St
- 502 Williamette Ave
- 424 N Jefferson St
- 620 Tremont St
- 1025 N Jefferson St
- 1025 N Jefferson St
- 1025 N Jefferson St
- 1024 N Jefferson St Unit B
- 1026 N Jefferson St Unit 1026 unit B
- 1455 Castle Manor Dr
- 237 W Lester St
- 397 W Main St
- 106 S 4th St
- 105 Debby St Unit Apartment A
- 158 Friendly St Unit BV158
- 106 Delta Dawn Dr Unit BV106
- 105 Delta Dawn Unit BV105
- 3430 N Peoria Rd Unit NB3
- 3430 N Peoria Rd Unit NB108
- 3430 N Peoria Rd Unit NB8
- 3617 N Grand Ave E Unit 29
- 3617 E North Grand Ave Unit 170
- 3617 E North Grand Ave Unit 100
- 3617 E North Grand Ave Unit 277
Ask me questions while you tour the home.