551 3rd Street
Lincoln, IL 62656
3
Bed
2
Bath
1,152Sqft
0.18Acre(Lot)
This 3-bedroom, 2-bath single-family home offers 1,152 square feet of comfortable living space with a functional layout suited for everyday living. The home features a spacious living area, generously sized bedrooms, and a practical kitchen with ample cabinet space. Enjoy additional living space with the enclosed front porch, perfect for relaxing or extra storage. The fenced backyard offers room for pets, play, or entertaining, and includes a storage shed for tools and outdoor equipment. Central air system is present but currently needs repair, offering an opportunity for future improvement and added value. With a few updates, this property has great potential for both homeowners and investors. Property is being sold As-Is. Cash or conventional financing only.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Basement: None -
Roofing Information
Shingle -
Interior Features
Eat-in Kitchen Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Window Unit(s)
-
Building Information
Year Built: 1951 Building Area Total: 1152 Construction Materials: Vinyl Siding Private Pool: No Association Fee Frequency: Monthly
-
Lot Information
Lot Dimensions: 199x40 Lot Size Acres: 0.18 Lot Description: OtherProperty Information
Subdivision: None Source Property Type: Residential MLS Area Minor: Lincoln Property SubType: Single Family Residence Property Age: 75
-
Listing Price Information
Listing Price: $74990 Original Price: $105000
-
Tax Information
Parcel Number: 12-471-016-00 Tax Year: 2024 Annual Tax: $1715.6 Tax Legal Desc: 12-1909 E 40 Ft Lots 12 Thru 16 Block 1 Frorers Sub Div Of Lots 168 & 169 Lincoln Hill Addn To Linco
-
Parking Information
On StreetHomeowners Association InformationHas Association: Yes
-
School Information
Elementary School: CentralJunior High School: Lincoln Jr HighSenior High School: Lincoln -
Location Information
Direction: 551 3rd St., Lincoln IL WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 708 N Madison Street, Lincoln, IL, 62656 | $78,500 | 2 | 1 | 720 | 720 SqFt |
| 906 Peoria Street, Lincoln, IL, 62656 | $115,000 | 3 | 1 | 1,687 | 1,687 SqFt |
| 1346 Airport Road, Lincoln, IL, 62656 | $249,000 | 3 | 3 | 2,538 | 2,538 SqFt |
| 12 Pheasant Run St, Lincoln, IL, 62656 | $265,000 | 3 | 2 | 2,333 | 2,333 SqFt |
| 1116 Broadway Street, Lincoln, IL, 62656 | $145,000 | 2 | 1 | 853 | 853 SqFt |
| 812 N Chicago Street, Lincoln, IL, 62656 | $17,500 | 4 | 2 | 1,459 | 1,459 SqFt |
| 816 N Logan Street, Lincoln, IL, 62656 | $115,000 | 2 | 1 | 779 | 779 SqFt |
| 929 Decatur Street, Lincoln, IL, 62656 | $210,000 | 3 | 2 | 1,928 | 1,928 SqFt |
| 1013 Tremont Street, Lincoln, IL, 62656 | $129,900 | 2 | 2 | 1,206 | 1,206 SqFt |
| 211 S Hamilton Street, Lincoln, IL, 62656 | $26,900 | 2 | 1 | 1,196 | 1,196 SqFt |
Similar Homes To 551 3rd Street
Nearby For Sale
Based on information submitted to the MLS GRID as of 06/08/2026 @ 09:27. 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 06/08/2026 @ 09:27
More Cities with for Sale by Owner Homes
- Lincoln Homes For Sale By Owner
- Atlanta Homes For Sale By Owner
- Elkhart Homes For Sale By Owner
- Middletown Homes For Sale By Owner
- Williamsville Homes For Sale By Owner
- Mason City Homes For Sale By Owner
- Delavan Homes For Sale By Owner
- Minier Homes For Sale By Owner
- Sherman Homes For Sale By Owner
- Clinton Homes For Sale By Owner
- Riverton Homes For Sale By Owner
- Cantrall Homes For Sale By Owner
- Athens Homes For Sale By Owner
- Heyworth Homes For Sale By Owner
- Tremont Homes For Sale By Owner
- Mackinaw Homes For Sale By Owner
- Petersburg Homes For Sale By Owner
- Manito Homes For Sale By Owner
- Springfield Homes For Sale By Owner
- Bloomington Homes For Sale By Owner
Homes around $74,990
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.