Contact us: 563.441.1776
Description
Situated on a spacious corner lot, this handsome side by side single story duplex makes a great place to call home while allowing the other side to contribute toward the mortgage -- or would be a choice property to add to your investment portfolio while you rent out both sides and collect monthly rent! Each unit boasts a large front facing living room, equipped eat-in kitchen, convenient laundry/mudroom area, two comfortably sized bedrooms, and a full hall bath. Each unit also features an attached garage and a covered rear porch/patio. Vinyl replacement windows, vinyl siding, and an architectural roof are added perks. 203 side currently rents for $800.00 month -- tenant pays all utilities except for sewer. 201 side is vacant and will be left vacant for ease of showings -- will allow for immediate occupancy upon settlement! Rare opportunity at a price that makes it hard to pass up -- ACT SWIFTLY!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Logan
High School: Lincoln
Subdivision: None
Listed By:
ME Realty
RMLSA
MLS ID: CA1046253
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201 S Madison Street, Lincoln, IL 62656.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $150,000 | $150,000 | $150,000 |
| Down Payment | $30,000 | $5,250 | $37,500 |
| Monthly Mortgage Amount | $758 | $931 | $942 |
| Taxes | $209 | $209 | $209 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $66 | $0 |
| Monthly Estimated Total | $1,067 | $1,306 | $1,251 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 09/08/2026. The listing information on this page last changed on 09/08/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 09/08/2026 12:00:17 AM EST) or MRED MLS (last updated Mon 09/07/2026 11:57:56 PM EST) or SCWMLS (last updated Mon 09/07/2026 11:54:50 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 09/07/2026 10:15:19 PM EST) or Cedar Rapids MLS (last updated Mon 09/07/2026 10:44:18 PM EST) or NEIRBR MLS (last updated Mon 09/07/2026 11:58:40 PM EST) or ICAAR MLS (last updated Mon 09/07/2026 8:32:18 AM EST) or ECIMLS (last updated Mon 09/07/2026 11:44:32 PM EST) or RMLSA (last updated Mon 09/07/2026 11:50:56 PM EST) or Muscatine MLS (last updated Mon 09/07/2026 11:45:12 PM EST) or No Coast MLS (last updated Mon 09/07/2026 11:54:18 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.
Privacy Policy / DMCA Notice / ADA Accessibility
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