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$113,350
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Property Description
OPPORTUNITY KNOCKS! Turn-Key 3-Family Investment Property with Strong Cash Flow! Don't miss this incredible investment opportunity! This well-maintained 3-family property features two 1-bedroom units and one spacious 2-bedroom unit, with two long-term tenants already in place-making this a true turn-key investment. The vacant 2-bedroom unit is move-in ready and perfect for immediate rental to boost your returns. Each unit has separate utilities, with tenants responsible for gas and electric, keeping overhead low for the owner. Additional perks include off-street parking, a large backyard, included appliances, and laundry hookups in the basement for added tenant convenience. With nothing left to do but start collecting rent, this property is a smart addition to any investor's portfolio. Call today for more information or to schedule a private showing!
Full Property Details
Full Property Details for 103 E Lincoln St
General
- Sold For: $113,350
- Taxes: $3,919 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12354577
- Added to Site: 255 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 3
- Parking Features: Unassigned, Off-Street, Driveway, On Site, Owned
- Parking On-Site: Yes
Location
- Area: Mount Morris
- County: Ogle
- Driving Directions: ROUTE 64 TO BRAYTON TO OGLE TO LINCOLN
School Information
- School District: 220
- Midd School District: 220
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Roof: Asphalt
- Year Built: 1925
- Built Before 1978: Yes
- Remodeled/Updated: 2006
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.2
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 66.8 x 134
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1925
- Tax Amount: $3,919.06
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8263510100000
Listed by RE/MAX of Rock Valley
Sold by RE/MAX Professional Advantage
Get Pre-Approved Today
Schools
Schools serving 103 E Lincoln St
School District:Oregon Community Unit School District 220
| Name | Grades | Distance |
|---|---|---|
Oregon Elementary School 1150 Jefferson Street, Oregon, IL 61061 | PK-6 | 5 mi |
David L Rahn Junior High School 105 West Brayton Road, Mount Morris, IL 61054 | 7-8 | 0.2 mi |
Oregon High School, Oregon, IL 210 South 10th Street, Oregon, IL 61061 | 9-12 | 5.1 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 103 E Lincoln St
Date
Details
Price
Change
Source
9/15/2025
Sold
$113,350
-4.75%
MLS
5/05/2025
Listed
$119,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
103 E Lincoln Street, Mount Morris, IL 61054 (MLS# 12354577) is a Multi-Family property that was sold at $113,350 on September 15, 2025. Want to learn more about 103 E Lincoln Street? Do you have questions about finding other Multi-Family real estate for sale in Mount Morris? You can browse all Mount Morris real estate or contact a Coldwell Banker agent to request more information.

