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 |
|---|---|---|---|---|
| 2025 | $1,716 | $20,110 | $5,170 | $14,940 |
| 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
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Listings courtesy of RMLS Alliance as distributed by MLS GRID.
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