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Off market
Street View
    • $407,100

    1940 S Lincoln Ave, Springfield, IL 62704

    4beds
    4,259sqft
    MultiFamily
    Built in 1997
    -- sqft lot
    $407,100 Zestimate®
    $96/sqft
    $1,558 Estimated rent

    Owner options

    List your home for rent

    $1,558/mo

    Rent Zestimate®

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    $1,558/mo

    Rent Zestimate®

    Refinance and save

    $2,749/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $2,749/mo

    Est. payment

    What's special

    Extremely rare investment opportunity! Two parcels include a large single family home (maintained and lived in by the same family for 80 years), an adorable rental home & a commercial building. 1940 S Lincoln is a 3BR/2BA corner lot home with a fenced backyard, 2 car detached garage, newer roof & a partially finished basement with full bath & bonus room. 1936 Lincoln is a one bedroom income property on a crawl with separate utilities, newer roof & currently bringing $425/mo in rental income. The commercial building brings $900/month with separate electric meter and apx 2200 square feet. One parcel includes the rental house & the parking lot for the commercial unit while the other parcel has the larger home & commercial building. Plenty of possibilities for these two pieces of property!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Electric, Gas
    Cooling
    • Central
    Features
    • Basement: Full, Crawl Space, Unfinished, Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,259 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other
    Lot
    • Size: 0.46 Acres
    Details
    • Parcel number: 22050276067

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1997

    Community & neighborhood

    Location
    • Region: Springfield

    Other

    Other facts
    • Area/Tract: Springfield
    • Type: Residential Income
    • HEATING/COOLING: Electric, Gas, Central Air, 2+ Cooling Systems
    • BASEMENT: Full, Crawl Space, Unfinished, Finished
    • Total # Central Air Units: 2
    • GARAGE/PARKING: Attached, Other Garage/Parking, Guest Parking, Alley
    • EXTERIOR: Other Exterior
    • INFORMATION ON FILE: Legal Description, Other Information on File
    • LOT DESCRIPTION: Corner, Extra Lot
    • Total # Heating Units: 3
    • Tax Year: 2018
    • WATER/SEWER: Community Water System, Community Sewer System
    • U3 Fireplace (Y/N): Y
    • Legal Description: FAIR HOME ADDN W1/2 SE NE FRL 5-15-5 L24 FAIR HOM
    • Parcel ID#/Tax ID: 22050276026
    • Annual Taxes: 8135.5
    • STYLE: Other Style
    • ROOFING: Shingles

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