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    114 E Lincoln St Saybrook, IL 61770

    For Sale
    $229,900

    Residential Income - Saybrook, IL

    Days on Market:
    9
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 114 E Lincoln St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    2528209004

    Utilities

    Heating system
    Electric (Heating), Natural Gas

    Building Details

    Year built
    1919
    Architectural style
    Other

    RE/MAX Realty Associate (217) 373-4964 [email protected]

    Listing agent Michael Hogue (217) 373-4964 License #475134094

    Listing date Dec 5, 2025

    MLS# 12481719 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Unit Income Property in Saybrook

    This well-maintained four-unit property in Saybrook presents a fantastic investment opportunity. The building comprises three one-bedroom, one-bath apartments and one two-bedroom, one-bath apartment, all of which are currently rented and generating steady income. Recent updates provide added assurance, including a new roof, a new hot water heater servicing the entire building, updated flooring, fresh paint, and modern lighting throughout. An additional adjacent lot is included with the property, offering potential for expansion or outdoor enjoyment. This property represents a smart addition to any investment portfolio, or an opportunity to reside in one unit while the others contribute to expenses. With a strong rental history and key improvements already completed, this property is ready to generate income from day one.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Department Store Food Market Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saybrook
    County
    McLean
    State
    Illinois
    Longitude
    -88.5258373
    Latitude
    40.4253932

    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property with recent updates and additional lot.
    Where is this quadplex located?
    The property is located at 114 E Lincoln St Saybrook, IL.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: - Steady income-generating four-unit property with a mix of 1 and 2-bedroom apartments.; - Recent updates include a new roof, hot water heater, updated flooring, fresh paint, and modern lighting.; - Additional adjacent lot included, offering expansion potential.
    (217) 373-4964
    Request Owner's contact information
    114 E Lincoln St Saybrook, IL 61770
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    Saybrook, IL 61770
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 E Lincoln St Saybrook, IL 61770
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