125-131 S Sangmon Street, Lincoln, IL 62656

Listed by Coldwell Banker Cornerstone - View Local Website
$299,900 USD
N/A Bedrooms
N/A Baths
18260 SqFt
MLS: 20130071
Location: Lincoln, IL 62656 Property Taxes: $6,168/year (estimated) Prop Type: Multi-Family Year Built: 1880 Lot size: 9180.00 Stories: 2

Contact Sue Pinney

Sue Pinney -  Suite One,Lincoln Real Estate Agent
Office: Coldwell Banker Cornerstone Address: 303 S. Kickapoo Street, Suite One, Lincoln, IL 62656 Office Phone: (217) 732-8353 Fax: (217) 732-1177 Email:
I am interested in:


About 125-131 S Sangmon Street, Lincoln, IL 62656

investors dream come true.10.4% cap rate! An elegant,beautifully designed townhouse plus collect rent on other 8 units.This apartment complex located in historic downtown Lincoln just 2 blocks off the square. Townhouse is 4400 square feet of beauty with 2 fireplaces.it features an open living concept with living room with amazing fireplace dining room and kitchen in one large space. Featuring 3 bedrooms.master bedroom large with 2 large closets and a master bath.It also has a 1/2 bath and a separate tub and shower room.Family room is nice and cozy with steps down to library with fireplace and back entryway to parking .There is also a working electric elevator in townhouse .This property has a lot of charm The 8 furnished apartments all vary in sizes designs and electric or gas heat.Tenants pay own heat and electric bill.Tenants also pay surcharge for trash,sewer and water.Parking lot with 15 cars capacity is in rear of building for tenants.Property has a full basement with lots of room for storage or work shop area.Additional storage space on main level too .


Exterior Description: Brick
Lot Size: Under 1/2 Acre
Sewer: City
Water: City Water
Style: Multi-Family (5-20 Units)
Roof: Rubber
General: Ceiling Fan(s)
Appliances: Range / Oven
Special Program: Historic Property
General: Skylight
Age: Over 50 Years Old
Appliances: Refrigerator
Appliances: Microwave
General: Elevator
Area Description: Historic / Antique
Heating - Fuel Type: Electric
Cooling: A/C
Cooling: Other A/C
Cooling: Wall Unit A/C
Heating - Fuel Type: Gas
Fireplace Description: Gas


Located in Logan County, this neighborhood in Lincoln has a population of 20598.
Median Age37
Median Income$44,779
Households with Children30%

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