NOT LISTED FOR SALE

616 Short 11th St Unit 618, 620, 622 Short Lincoln, IL 62656

Estimated Value: $202,152 - $215,000

8 Beds
-- Bath
3,120 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $125,000 $40 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,500/month

2 Days on Market

About This Home

As of September 2020

Excellent investment opportunity! Two 1560 square foot vinyl sided structures -- each housing two separate units. Great front off-street parking plus rear storage sheds. Each unit features a living room, equipped eat-in kitchen, two bedrooms, full hall bath, and a laundry/mechanical room. Tenant pays all utilities except for sewer (seller paid). Each unit is currently rented for $500.00/month -- $450.00 deposits for each unit. Updated architectural roofs, vinyl windows, commercial grade gutters -- virtually maintenance free! All kitchen appliances at all units plus washer and dryer at 616 (618 dryer only -- washer and dryers at other units are owned by tenants) will remain. Bargain priced, 616-622 Short 11th Street, Lincoln is bound to sell quickly -- opportunity knocks!

Last Agent to Sell the Property

Seth Goodman

ME Realty License #475126097 Listed on: 07/29/2020

Last Buyer's Agent

Seth A. Goodman

ME Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,305

Year Built

  • Built in 1959

Lot Details

  • 0.3

Home Design

  • Slab Foundation

Schools

  • Illini Central Elementary School
  • Lincoln High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,305

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story | Four-Plex
  • Lvt Date: 07/30/2020
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Price Per Sq Ft: 40.06
  • Total Sq Ft: 3120

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

  • Elementary School: Illini Central
  • High School: Lincoln

Lot Info

  • Estimated Lot Size: 105X124
  • Zoning: Residential
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 4304.58
  • Parcel Id Number Tax Id: 12-547-010-00
  • Tax Year: 2019

Multi Family

  • Total Number Units: 4

MLS Schools

  • Middle School: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2025
Sold by
Railsplitter Property Management Llc
Bought by
J & T Property Management Llc
Current Estimated Value
$207,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Outstanding Balance
$190,829
Interest Rate
6.56%
Mortgage Type
Commercial
Estimated Equity
$16,709

Purchase Details

Closed on
Jul 30, 2021
Sold by
Aper Property Management Lllp
Bought by
Railsplitter Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 12, 2020
Sold by
Reynolds Trust
Bought by
Aper Property Management Lllp
Seller's Agent
Seth Goodman
ME Realty
Buyer's Agent
Seth A. Goodman
ME Realty
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Original Mortgage
$100,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2016
Sold by
Reynolds Clyde R and Reynolds Sharon A
Bought by
Reynolds Sharon A and Reynolds Trust

Purchase Details

Closed on
Jun 1, 1999
Bought by
Reynolds Clyde R and Reynolds Sharon A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
J & T Property Management Llc $211,000 None Available
Railsplitter Property Management Llc $152,000 None Available
Aper Property Management Lllp $125,000 None Available
Reynolds Sharon A -- --
Reynolds Clyde R $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & T Property Management Llc $191,000
Previous Owner Railsplitter Property Management Llc $52,000
Previous Owner Aper Property Management Lllp $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $125,000 0.0% $40 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $125,000 -- $40 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

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 $4,892 $54,090 $9,080 $45,010
2023 $4,671 $50,090 $8,410 $41,680
2022 $4,542 $46,700 $7,840 $38,860
2021 $4,389 $44,970 $7,550 $37,420
2020 $4,397 $44,970 $7,550 $37,420
2019 $4,305 $44,090 $7,400 $36,690
2018 $4,192 $42,400 $7,120 $35,280
2017 $4,170 $42,400 $7,120 $35,280
2016 $4,114 $42,890 $7,200 $35,690
2015 $3,895 $41,610 $7,050 $34,560
2014 $3,895 $41,610 $7,050 $34,560
2013 $3,895 $38,400 $6,510 $31,890
2012 $3,895 $38,970 $6,610 $32,360
Source: Public Records

Agents Affiliated with this Home

  • Seth Goodman

    Seller's Agent in 2020

    Seth Goodman

    ME Realty

    (217) 737-3742

    949 in this area

    1,860 Total Sales

    Seth Goodman
    Section Image

  • S

    Buyer's Agent in 2020

    Seth A. Goodman

    ME Realty

See All Agents

Map

Source: RMLS Alliance

MLS Number: CA20200387

RMLS Alliance

APN: 12-547-010-00

Illinois Logan County Lincoln 62656

616 Short 11th St Unit 618, 620, 622 Short, Lincoln, IL

Not Listed for Sale

MultiFamily

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