Sold
Last Sold Price
8 beds5,376 sqft$45/sqft
2350 N Kickapoo St, Lincoln, IL 62656
Multi FamilyProperty Type
1974Year Built
$45/sq ftPrice per sq ft

Description

Excellent Investment Opportunity! Each townhouse has 2 beds & full bath up, with eat-in kitchen, laundry and .5 bath down. 4/6 units remodeled and are already at market condition (other two units have long-term tenants). All new energy efficient windows in all 6 units. Updated landscaping, new roof on both buildings (2017, 2018). Front building includes all new vinyl siding, fascia, soffits, gutters, and gutter rain guards - virtually maintenance free. Some updates in remodeled units feature new...Excellent Investment Opportunity! Each townhouse has 2 beds & full bath up, with eat-in kitchen, laundry and .5 bath down. 4/6 units remodeled and are already at market condition (other two units have long-term tenants). All new energy efficient windows in all 6 units. Updated landscaping, new roof on both buildings (2017, 2018). Front building includes all new vinyl siding, fascia, soffits, gutters, and gutter rain guards - virtually maintenance free. Some updates in remodeled units feature new high-grade vinyl flooring, new high resolution countertops, new trim, new cabinets, new vanities, new/newer carpet, new doors, etc. All units currently rented at $625/month, $525/month, $590/month, $530/month, $625/month, $560/month. Tenants pay all utilities except for sewer and garbage (seller paid). Owner has done majority of needed updates. New owner can lease as is and units will cash flow or could opt for more updates to drive to full cash flow potential. Easy access to I55.
  • Listed by: Dana Hudson 217.750.1368 danahudson@danahudson.com • Keller Williams Capital
Listing closed: 10/20/2021 12:00 AM • Source: RMLS ALLIANCE, MLS#: CA1009888

Recent comparable sales

Median sold price

$310,000

Avg days on market

82

Sale-to-list ratio

90.7%

Lincoln, IL

9 comparable properties found

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Unavailable
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Location

Listing Courtesy of Keller Williams Capital

Sold By Coldwell Banker Cornerstone

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Principal and Interest

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Property Taxes

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HOA Dues

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Property Information for 2350 North Kickapoo Street

Property Details
  • Taxes: $6,107 / year
  • MLS Type: Residential Income / Residential Income
  • County: Logan County
  • Parking Total: 12.0
  • Subdivision Name: None
Building Information
  • Residences: 6
  • Year Built: 1974
Summary
Location and General Information
  • City: Lincoln
  • County Or Parish: Logan
  • Directions: Lincoln to exit 133 on I55. Turn left onto old 66 and left onto Kickapoo.
  • Latitude: 40.1670445890249
  • Longitude: -89.3378847116394
  • MLSArea Minor: Lincoln
  • Postal Code: 62656
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 08480013002020
  • Tax Exemptions: None
  • Tax Annual Amount: $6,107
  • Tax Legal Description: 8-3869 Lot 13 Lincolnwood Estates - 1st Plat
  • Tax Year: 2020
School Information
  • Elementary School: Chester-East Lincoln
  • High School: District #117 Lincoln
Parking
  • Parking Features: Other
Property
Lot Information
  • Structure Type: Two or More Story, Other
  • Building Area Total: 5376.0
  • Lot Features: Level
  • Lot Size Dimensions: 100x150 & 10 x 150
  • Number Of Units Total: 6
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • New Construction: No
  • Year Built: 1974
  • Year Built Source: Unable to Verify Actual Age
Utilities
  • Number Of Electric Meters: 6
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 6
  • Water Sewer Expense: $2,561
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Brick, Vinyl Siding, Wood Siding
Interior Features
  • Basement: Slab
  • Heating: Electric, Forced Air, Central, Electric Water Heater
  • Interior Features: High Speed Internet
  • Laundry Features: Units Hook-Ups
  • Number Of Central Air Units: 6
  • Number Of Dishwashers: 6
  • Number Of Dryers: 0
  • Number Of Heating Units: 6
  • Number Of Ranges: 6
  • Numberof Refrigerators: 6
  • Number Of Washers: 0
  • Number Of Water Heaters: 6
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $323
  • Gross Income: $725
  • Insurance Expense: $3,602
  • Maintenance Expense: $495
  • Manager Expense: $0
  • Net Operating Income: $-7,264
  • Operating Expense: $7,989
  • Advertising Expense: 114
  • Gas Expense: 0
  • Misc Annual Income: 725
  • Trash Expense: $894
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Tenant Pays: Electricity, Water

Property History for 2350 North Kickapoo Street

DateEvent & SourcePriceAppreciation
Oct 20, 2021

Sold (Public Record)

Public Record #1474986195

$240,000

+14.9% / yr

Oct 20, 2021

Sold

RMLS ALLIANCE #CA1009888

$240,000
Sep 16, 2021

Pending

RMLS ALLIANCE #CA1009888

DateEvent & SourcePrice
10/20/2021

Sold (Public Record)

Public Record #1474986195

$240,000

+14.9% / yr

10/20/2021

Sold

RMLS ALLIANCE #CA1009888

$240,000
09/16/2021

Pending

RMLS ALLIANCE #CA1009888

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2350 North Kickapoo Street

Taxable ValueLand$16,040Additions$71,710Total$87,750
Tax Record2025$7,430 ($619 / month)
Home Facts
Beds0StyleSingle Family ResidenceCountyLOGANAPN08-480-013-00

Schools near 2350 North Kickapoo Street

This home is within Lincoln Chsd 404 School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Chester-East Lincoln Elementary School
PublicPK to 8

Lincoln Community High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital

Based on information submitted to the MLS GRID as of 10/22/2021 03:01 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.