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$168,500
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Property Description
Investment opportunity! 2 properties on one parcel! Charming bungalow styled home with a private studio/guest house that is currently rented month to month, offers 2 opportunities in one. This property offers an excellent opportunity to move right in and collect some rent in the process or add to your rental portfolio. Freshly painted with refinished hardwood flooring and new laminate in the kitchen. The 2 bedroom home offers 1 full bath, large eat in kitchen with a formal dining room and spacious living room. Abundance of windows allow for ample nature light to permeate thought out the home. The oversized corner lot has mature trees and newer oversized garden shed. This property offers an excellent opportunity for an additional income stream. The 1 bedroom/1 bath studio/guest house has hardwood floors and vaulted ceilings with an open concept. Approximately 400 sqft and is currently rented month to month with a long term tenant who is anxious to stay should the new owner not need the space for their own personal use. Check out this well maintained and freshly updated home today. You will not be disappointed.
Full Property Details
Full Property Details for 413 E Lincoln St
General
- Price: $168,500
- Taxes: $1,924 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12359776
- Updated: 11/19/2025
- Added to Site: 252 day(s) ago
Interior
- Basement: Cellar, Par
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: Western Champaign County / Piatt & McClean Counti
- County: Piatt
- Township: Monticello
- Driving Directions: Center Street to Buchannan. North on Buchannan then East on Lincoln. Corner of Lincoln and N. Union.
School Information
- School District: 25
- Elem School District: 25
- Midd School District: 25
- High School District: 25
- Elementary School: Monticello Elementary
- Middle School: Monticello Junior High School
- High School: Monticello High School
- Private School: Monticello High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Bungalow
- Architectural Style: Bungalow
- Construction: Masonite
- Exterior Const.: Masonite
- Basement: Yes
- Basement Desc.: Cellar, Partial
- Sub-Flooring: Hardwood
- Square Feet: 902
- Sq. Ft. Source: Assessor
- Built Before 1978: Yes
Additional Structures
- Other Structures: Guest House, Shed(s)
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 78.75 x 170
Financial Considerations
- Tax Amount: $1,924.64
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 5005400039500
Listed by Re/Max Realty Associates-Mont
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Schools
Schools serving 413 E Lincoln St
School District:Monticello Community Unit School District 25
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Monticello, IL 700 North Buchanan Street, Monticello, IL 61856 | PK-1 | 0.1 mi |
Washington School, Monticello, IL 3 Sage Drive, Monticello, IL 61856 | 4-5 | 0.7 mi |
White Heath Elementary School 300 West High Street, White Heath, IL 61884 | 2-3 | 4.8 mi |
Monticello Middle School, Monticello, IL 2015 East Washington Street, Monticello, IL 61856 | 6-8 | 0.7 mi |
Monticello High School, Monticello, IL 1 Sage Dr, Monticello, IL 61856 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 413 E Lincoln St
Date
Details
Price
Change
Source
10/01/2025
Price Reduced
$168,500
-3.71%
MLS
7/12/2025
Price Reduced
$175,000
-10.26%
MLS
5/09/2025
Listed
$195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 413 E Lincoln St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,960
2%
$31,350
6%
2023
$1,925
7%
$29,437
9%
2022
$1,803
5%
$27,130
7%
2021
$1,715
2%
$25,474
2%
2020
$1,675
—
$24,853
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 413 E Lincoln St
413 E Lincoln Street, Monticello, IL 61856 (MLS# 12359776) is a Single Family property with 2 bedrooms and 1 full bathroom. 413 E Lincoln Street is currently listed for $168,500 and was received on May 09, 2025. Want to learn more about 413 E Lincoln Street? Do you have questions about finding other Single Family real estate for sale in Monticello? You can browse all Monticello real estate or contact a Coldwell Banker agent to request more information.
