405 5th St, Lincoln, IL 62656
FOR SALE

405 5th St
Lincoln, IL 62656

  • 2 Beds
  • 1 Bath
  • 755 sqft

$50,000

Est. Mortgage $395/mo*

$50,000

Est. Mortgage $395/mo*
2 Beds
1 Bath
755 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Situated on a corner lot within walking distance of various amenities, this tidy two-bedroom aluminum sided bungalow is packed with opportunity for improvement! Interior boasts an enclosed front porch, front facing living room, eat-in kitchen, two bedrooms, and a full hall bath (currently gutted). Property also features a partial basement, detached garage, older storage shed, and a whole lot of potential both inside as well as outside! ** Sold entirely as is -- cash or conventional financing only, please. **

Home Highlights

Parking
Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$66
Listed
24 days ago

Home Details for 405 5th St

Interior Features

Interior Details
Basement: Partial,UnfinishedNumber of Rooms: 11Types of Rooms: Bedroom 1, Bedroom 2, Additional Level, Kitchen, Laundry, Living Room, Lower Level, Main Level, Third Floor, Upper Level
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 755 Square Feet
Appliances & Utilities
Appliances: Range
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Window: Blinds

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: PorchOther Structures: Shed(s)Foundation: Block, Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 2Days on Market: 24

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Bungalow
Building
Construction Materials: Aluminum SidingNot a New Construction
Property Information
Parcel Number: 1235510800

Price & Status

Price
List Price: $50,000Price Per Sqft: $66

Active Status

MLS Status: Active

Location

Direction & Address
City: LincolnCommunity: None
School Information
High School: Lincoln

Agent Information

Listing Agent
Listing ID: CA1042717

Building

Building Area
Building Area: 755 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Capital Area Association of Realtors

Lot Information

Lot Area: 7000 sqft

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

BasementMls Number: CA1042717
Last check for updates: about 6 hours ago
Listing courtesy of Seth A Goodman, (217) 737-3742
ME Realty
Originating MLS: Capital Area Association of Realtors
Source: RMLS Alliance as distributed by MLS GRID, MLS#CA1042717
Based on information submitted to the MLS GRID as of 2026-04-26 04:17:34 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Price History for 405 5th St

DatePriceEventSource
04/02/2026$50,000Listed For SaleRMLS Alliance as distributed by MLS GRID #CA1042717
03/07/2025$15,000Sold
N/A

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Property Tax and Assessment

Year2024
Tax$1,925
Assessment$63,840
Home facts updated by county records

Comparable Sales for 405 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Single-Family Home
$50,000
06/27/25
2
1
847
0.04
Single-Family Home
$72,000
03/13/26
2
1
796
0.30
Single-Family Home
$20,000
08/27/25
2
1
1,112
0.11
Single-Family Home
$92,000
11/17/25
2
1
934
0.59
Single-Family Home
$16,000
10/20/25
2
1
660
0.47
Single-Family Home
$25,000
08/08/25
2
1
861
0.15
Single-Family Home
$50,000
10/30/25
2
1
960
0.20
Single-Family Home
$135,000
09/26/25
2
1
987
0.29
Single-Family Home
$110,500
08/19/25
2
1
768
0.35
Single-Family Home
$20,000
08/15/25
1
1
587

Assigned Schools

These are the assigned schools for 405 5th St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Lincoln

At least 36 Trulia users voted on each feature.
  • 90 % Say parking is easy

  • 90 % Say yards are well-kept

  • 89 % Say car is needed

  • 88 % Say it's dog friendly

  • 71 % Say there are sidewalks

  • 70 % Say kids play outside

  • 65 % Say there's holiday spirit

  • 59 % Say people would walk alone at night

  • 59 % Say there's wildlife

  • 53 % Say neighbors are friendly

  • 53 % Say it's quiet

  • 50 % Say they plan to stay for at least 5 years

  • 47 % Say streets are well-lit

  • 42 % Say it's walkable to restaurants

  • 29 % Say it's walkable to grocery stores

  • 20 % Say there are community events

Learn more about our methodology.
  • Cassandra L.
    "It’s a great area where I live for the most part. I can walk to the downtown restaurants. Other than they won’t do anything about abandoned vehicles!"
  • Thomas F.
    "I live in this neighborhood now an it’s become to troublesome. I have to young girls ages 3&5 and I want what’s best for them "
  • Jeff L.
    "10 minutes anywhere in town. Many people live here and drive to other places for work. 30-45 minutes to Springfield, Decatur, Bloomington, and Peoria."
  • Susan P.
    "😁people walk by all the time with dogs Because everyone loves a good dog.cops are friendly and helpful."
  • Samantha D.
    "This whole town is a mess honestly. The sidewalks are all cracked, the roads are older than half the buildings, and it's known for drugs"
  • Llyleb
    "Quiet and family friendly. Nice neighbors. Opens onto airport property which is great for annual balloonfest"
  • Susan P.
    "Lots of sidewalks off the beat n path street is secondary and not congested with traffic. Good neighborhood "
  • Susan P.
    "Pleasant area to live small town living with big city resources .(super Walmart grocery stores movie theatre building supplies hardware store beauty shops ect)"
  • Rrennellewalker
    "Lincoln lakes great for family life, out door recreation or retirement"

LGBTQ Local Legal Protections

Seth A Goodman, ME Realty
Agent Phone: (217) 737-3742
405 5th St, Lincoln, IL 62656 is a 2 bedroom, 1 bathroom, 755 sqft single-family home built in 1920. This property is currently available for sale and was listed by RMLS Alliance as distributed by MLS GRID on Apr 2, 2026. The MLS # for this home is MLS# CA1042717.