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Listing Details

1122 Delavan Lincoln, IL 62656
$160,000
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Expansive one owner aluminum sided tri-plex situated on a roomy 80X150 corner lot across from a grade school and just steps from the downtown district! End unit (1122) features a living room with a corner woodburning fireplace and lovely stained glass window, an equipped kitchen with breakfast bar, conveniently located laundry/mudroom area, three bedrooms including a master suite with a full bath, two closets, and an exterior access point, and a second full hall bath. Unit also has a partial basement and a two car attached garage. The additional units (1118 and 1114) are host to an open living/kitchen/laundry concept, two bedrooms, and a full hall bath. 1118 rents for $500.00/month (no deposit) -- 1114 rents for $525.00/month ($525.00 deposit). This all electric property also features a fenced yard. All range/oven and refrigerators to remain. Sellers pay sewer and garbage -- tenants pay remaining utilities. A rock solid investment!

Square Feet: Bedrooms: 3

Listing

Listing Price:160000
List Date:2021-05-04
MLS #:Ca1006840
Year Built:1977
Legal Description:8-2165 Lots 9 & 10 Block 19 Latham & Gillett's Addn To Lincoln.

Location

Address Number:1122
Address Street:Delavan
City:Lincoln
State:Il
Zip:62656
Address:1122 Delavan Street
County:Logan
High School:Lincoln
Subdivision:None

Income

Sale/Rent:For Sale
U1 $ Rent:500
U2 $ Rent:525
U3 $ Rent:500
Gross Annual Rent Income:18300
Gross Annual Income:18300
Net Operating Income:18300
LEASE INFORMATION:1 Year,Other Lease Information
TENANT PAYS:Electric Only,Water

Dwelling

Total # Units:3
Total # Water Heaters:3
Total # Heating Units:3
Total # Central Air Units:3
Total SQFT:2576
U1 Bedrooms:3
U1 Full Baths:2
U2 Bedrooms:2
U2 Full Baths:1
U3 Bedrooms:2
U3 Full Baths:1
U1 Fireplace (Y/N):Y
U2 Fireplace (Y/N):N
U3 Fireplace (Y/N):N
GARAGE/PARKING:Attached,On-Street Parking
BASEMENT:Crawl Space,Partial,Block,Concrete
HEATING/COOLING:Electric,Forced Air,Central Air
WATER/SEWER:Public Sewer,Public Water
LAUNDRY FACILITIES:Units Hook-Ups

Taxes / Expenses

Parcel ID#/Tax ID:08-255-176-00
Annual Taxes:2729.16
Tax Year:2020
TAX EXEMPTIONS:Homestead/Owner Occupied,Senior Freeze,Senior Homestead

Interior

# Ranges:3
# Refrigerators:3

Exterior

EXTERIOR:Aluminum Siding
EXTERIOR AMENTITIES:Fenced

Grounds / Land / Lot

Area/Tract:Lincoln
# Parking Spaces:2
U1 # Parking:2
U1 # Cars Garaged:2
LOT DESCRIPTION:Corner,Level

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Listed by: ME Realty  /   MLS: 1006840