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 $837/mo*
$113,350
Last Sold: Sep 15, 2025
5% below list $119K
$48/sqft
Est. Refi. Payment $837/mo*
Studio
2,380 sqft
Local Information
-- mins to
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
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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 |
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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 |
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Cumulative Days on Market: 89 |
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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 |
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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 |
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MLS Status: SOLD & CLOSED |
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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 |
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Building Area Building Area: 2380 |
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BasementMls Number: 202502242Above Grade Unfinished Area: 2380 |
Last check for updates: about 7 hours 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
| Date | Price | Event | Source |
|---|---|---|---|
| 09/15/2025 | $113,350 | Sold | NorthWest Illinois Alliance of REALTORS® #202502242 |
| 05/27/2025 | $119,000 | PendingToActive | NorthWest Illinois Alliance of REALTORS® #202502242 |
| 05/17/2025 | $119,000 | Pending | MRED as distributed by MLS GRID #12354577 |
| 05/05/2025 | $119,000 | Listed For Sale | NorthWest Illinois Alliance of REALTORS® #202502242 |
| 01/04/2022 | ListingRemoved | RE/MAX International | |
| 05/27/2021 | $1,000 | Sold | N/A |
| 11/08/2018 | $109,000 | PriceChange | Agent Provided |
| 07/27/2018 | $115,000 | Listed For Sale | Agent Provided |
Market trends in Mount Morris
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
8
Property Tax and Assessment
| Year | 2024 |
|---|---|
| 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
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 103 E Lincoln St.
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.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 103 E Lincoln St
Off Market Homes Near 103 E Lincoln St

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.

