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Side-by-Side Duplex

233 21st St, Lincoln, IL 62656

For Sale
$75,000
Pending

Two-bedroom residences include equipped eat-in kitchens and rear laundry areas, with off-street parking at the front.

Property Size1,468 SF
Days on Market11

Property Features for 233 21st St

General Information

Standard status Pending
Size 1,468 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Amenities

off-street parking
laundry/mudroom area

Building Details

Year Built 1950
Buildings 1
Tenancy Multi
Listing Agency: ME Realty
Listed By: Seth Goodman () · License #475126097
Source: Searchillinoishomesforsale
Added: Oct 30 Changed: Nov 3 Last Checked: Nov 8 at 7:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ME Realty

Rey
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Investment Insights

Based on property information with market context.

This side-by-side duplex contains two units, each arranged with a living room, an equipped eat-in kitchen, two bedrooms, a full hall bathroom, and a rear laundry and mudroom area. The building totals 1,468 square feet and was built in 1950. A newer architectural roof was installed in 2024, and off-street parking is located at the front of the property.

Both sides are currently rented. The 233 side rents for $600.00 per month, while the 235 side rents for $450.00 per month.

Key Highlights

  • Two side‑by‑side units, each with two bedrooms
  • 1,468‑square‑foot building constructed in 1950
  • Architectural roof updated in 2024

Property Analytics

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Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 62656, IL

18,634
Population
7,569
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
90%
High-School Grad
142.8 sq mi
ZIP Area
130
Density / Sq Mi
$59,129
Median Household Income
$32,170
Median Earnings
$807
Median Rent
$128,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom residences include equipped eat-in kitchens and rear laundry areas, with off-street parking at the front.
Where is this duplex located?
The property is located at 233 21st St Lincoln, IL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with two bedrooms; 1,468‑square‑foot building constructed in 1950; Architectural roof updated in 2024
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