516 S Main Street
Lincoln, IL 62656
1
Bed
2
Bath
992Sqft
Opportunity awaits with this hidden gem! Truly a flippers dream, or a great candidate to build out for your forever home. Inside, this home has one large bedroom that was previously two separate bedrooms. A nice sized kitchen and convenient hallway bathroom are just a few additional features. The partially finished basement features a large room with potential for an additional living space, potential for an additional bedroom or office, and another full bathroom. The back side of the home features a nice attached 12X27 garage. Outside, you will find an additional three car detached garage complete with in-floor heat, a large attic space, and another full bathroom additional bathroom. Contact the agent of your choosing today to schedule a time to see this incredible fixer upper!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Partially Finished -
Roofing Information
Shingle -
Interior Features
Eat-in Kitchen Roof: Shingle Appliances: Gas Water Heater, None -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air
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Building Information
Year Built: 1948 Building Area Total: 640 Construction Materials: Aluminum Siding Private Pool: No Association Fee Frequency: Monthly
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Lot Information
Lot Dimensions: 50X110 Lot Description: LevelProperty Information
Subdivision: None Source Property Type: Residential MLS Area Minor: Lincoln Property SubType: Single Family Residence Property Age: 78
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Listing Price Information
Listing Price: $79900
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Tax Information
Parcel Number: 12-428-005-00 Tax Year: 2025 Annual Tax: $3168.74 Tax Legal Desc: 12-1810 N 50 FT LOTS 5, 6 BLOCK 28 POSTVILLE NOW A PT OF CITY OF LINCOLN.
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Parking Information
Alley Access, Attached, Detached, Heated GarageGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 1Homeowners Association InformationHas Association: Yes
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School Information
Elementary School:Junior High School:Senior High School: Lincoln -
Location Information
Direction: Property is located at 516 S. Main Street, Lincoln. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1518 Broadway Street, Lincoln, IL, 62656 | $35,900 | 1 | 1 | 700 | -- |
| 105 7th Street, Lincoln, IL, 62656 | $115,000 | 3 | 2 | 1,992 | 0.28 Acre |
| 558 10th Street, Lincoln, IL, 62656 | $269,900 | 2 | 2 | 2,398 | 0.43 Acre |
| 1625 State Route 10, Lincoln, IL, 62656 | $365,000 | 4 | 3 | 1,992 | 3.65 Acres |
| 310 Campus View Drive, Lincoln, IL, 62656 | $139,900 | 3 | 2 | 2,055 | -- |
| 184 Welch Drive, Lincoln, IL, 62656 | $89,900 | 3 | 1 | 926 | -- |
| 1015 1275th Avenue, Lincoln, IL, 62656 | $259,000 | 3 | 2 | 1,782 | 2 Acres |
| 814 N Mclean Street, Lincoln, IL, 62656 | $83,900 | 2 | 1 | 1,056 | -- |
| 907 Davenport Street, Lincoln, IL, 62656 | $85,000 | 1 | 1 | 699 | -- |
| 15 Ophir Avenue, Lincoln, IL, 62656 | $230,000 | 4 | 3 | 1,922 | -- |
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Nearby For Sale
Based on information submitted to the MLS GRID as of 09/17/2026 @ 12:50. 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.
ByOwner last updated this listing 09/17/2026 @ 12:50
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