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201 S Madison Street

Lincoln, IL 62656
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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 im mediate occupancy upon settlement! Rare opportunity at a price that makes it hard to pass up -- ACT SWIFTLY!

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Detail Ic Property Details

Property Type : Residential Income

Price : $150,000

AD Id : 91002237

MLS Id : CA1046253

Tax Amount : 4577.46

Year Built : 1977

County : Logan

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Feature Features

  • Room Information

    Basement: Crawl Space
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Refrigerator, Water Heater, Range
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1977 Building Area Total: 1696 Construction Materials: Vinyl Siding Private Pool: No Association Fee Frequency: Monthly

  • Lot Information

    Lot Dimensions: 51X124 Lot Description: Corner Lot, Level

    Property Information

    Subdivision: None Source Property Type: Residential Income MLS Area Minor: Lincoln Property SubType: Duplex Property Age: 49

  • Listing Price Information

    Listing Price: $150000

  • Tax Information

    Parcel Number: 12-519-001-00 Tax Year: 2025 Annual Tax: $4577.46 Tax Legal Desc: 12-2596 lot 1 & E 10 ft lot 2 block 69 Knapp, Bird & Tinsley's Addn to Postville.

  • Parking Information

    Parking Total: 2 Attached

    Garage Information

    Has Attached Garage: Yes
    Homeowners Association Information
    Has Association: Yes

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Lincoln
  • Location Information

    Direction: Property is located at 201-203 S. Madison Street, Lincoln. WaterSource: Public
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Based on information submitted to the MLS GRID as of 09/05/2026 @ 18:10. 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 09/05/2026 @ 18:10

MLS: CA1046253 LISTED BY: Seth Goodman, ME Realty 217-735-5424 SOURCE: RMLS Alliance

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