103 E  Lincoln St, Mount Morris, IL 61054
Property image
Property image
SOLD
SEP 15, 2025

103 E Lincoln St
Mount Morris, IL 61054

  • Studio
  • 2,380 sqft

$113,350

Last Sold: Sep 15, 2025
5% below list $119K
$48/sqft
Est. Refi. Payment $650/mo*

$113,350

Last Sold: Sep 15, 2025
5% below list $119K
$48/sqft
Est. Refi. Payment $650/mo*
Studio
2,380 sqft

Local Information

  • Map ViewExplore the area around 103 E Lincoln St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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!
103 E Lincoln St, Mount Morris, IL 61054 is a studio, 2,380 sqft multi-family built in 1925. It last sold for $113,350 on Sep 15, 2025 (5% below the $119,000 asking price). It is currently off market. The Trulia Estimate is $123,200, with a rent estimate of $912/month.

Home Highlights

Parking
3 Parking Spaces
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$48/sqft
Listed
180+ days ago

Home Details for 103 E Lincoln St

Interior Features

Dimensions and Layout
Living Area: 2380 Square Feet
Appliances & Utilities
Utilities: Separate UtilitiesAppliances: None, Gas Water Heater
Heating & Cooling
Heating: BaseboardHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard
Gas & Electric
Electric: Circuit Breakers
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck
Parking & Garage
Parking Spaces: 3
Water & Sewer
Sewer: City
Finished Area
Finished Area (above surface): 2380 Square Feet

Days on Market

Cumulative Days on Market: 89

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 3 - 4 Units
Building
Construction Materials: Brick/Stone, Wood
Property Information
Parcel Number: 0826351010

Price & Status

Price
List Price: $119,000Price Per Sqft: $48/sqftPrice Range: $113,350 - $119,000
Status Change & Dates
Off Market Date: Tue Aug 12 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: SOLD & CLOSED

Location

Direction & Address
City: MOUNT MORRISCommunity: IL
School Information
Elementary School: Oregon ElementaryElementary School District: Oregon 220Jr High / Middle School: OregonJr High / Middle School District: Oregon 220High School: Oregon HighHigh School District: Oregon 220

Building

Building Area
Building Area: 2380

Miscellaneous

BasementMls Number: 202502242Above Grade Unfinished Area: 2380
Last check for updates: 16 minutes ago
Listed by Rebecca Hazzard, (815) 509-8432
Re/Max Of Rock Valley
Bought with: Tracy Shuman, (815) 994-0064, Re/Max Professional Advantage
Source: NorthWest Illinois Alliance of REALTORS®, MLS#202502242

Price History for 103 E Lincoln St

DatePriceEventSource
09/15/2025$113,350Sold
NorthWest Illinois Alliance of REALTORS® #202502242
05/27/2025$119,000PendingToActiveNorthWest Illinois Alliance of REALTORS® #202502242
05/17/2025$119,000PendingMRED as distributed by MLS GRID #12354577
05/05/2025$119,000Listed For SaleNorthWest Illinois Alliance of REALTORS® #202502242
01/04/2022ListingRemovedRE/MAX International
05/27/2021$1,000Sold
N/A
11/08/2018$109,000PriceChange
Agent Provided
07/27/2018$115,000Listed For SaleAgent Provided

Market trends in Mount Morris

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
8
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Property Tax and Assessment

Year2024
Tax$4,275
Assessment$132,243
Home facts updated by county records

Comparable Sales for 103 E Lincoln St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Multi-Family Home
$105,000
09/24/25
-
2,080
5.27
Multi-Family Home
$135,000
01/13/26
-
2,395
5.39
Multi-Family Home
$248,000
09/25/25
-
2,532
5.30
Multi-Family Home
$290,000
02/24/26
8
4
-
5.28
Multi-Family Home
$720,000
05/06/26
-
11,922

Nearby homes

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What Locals Say about Mount Morris

At least 16 Trulia users voted on each feature.
  • 95 % Say it's dog friendly

  • 91 % Say there's holiday spirit

  • 83 % Say people would walk alone at night

  • 82 % Say car is needed

  • 82 % Say parking is easy

  • 79 % Say there are sidewalks

  • 76 % Say kids play outside

  • 75 % Say it's walkable to grocery stores

  • 75 % Say yards are well-kept

  • 71 % Say it's quiet

  • 69 % Say neighbors are friendly

  • 64 % Say it's walkable to restaurants

  • 52 % Say there's wildlife

  • 47 % Say streets are well-lit

  • 44 % Say they plan to stay for at least 5 years

  • 39 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Popeage
    "Mount Morris is a nice little town. Cute parks. Close to the Oregon Park district. Good school district. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 103 E Lincoln St

Off Market Homes Near 103 E Lincoln St

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.