The median home value in Lincoln, IL is $90,000.
This is
lower than
the county median home value of $98,000.
The national median home value is $308,980.
The average price of homes sold in Lincoln, IL is $90,000.
Approximately 61% of Lincoln homes are owned,
compared to 30% rented, while
8% are vacant.
Lincoln real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Lincoln real estate agent to arrange a tour today! Learn more about Lincoln.
Well-cared-for home offering a warm and inviting atmosphere in a desirable Lincoln location. Highlights include a practical layout, pleasant outdoor space, and close proximity to schools, shopping, and parks. Great for first-time buyers or downsizing. Schedule your showing today!
If you're looking for affordable living with tasteful updates, your search ends here at 1204 N Ottawa Street, Lincoln, IL! This adorable, efficient ranch sits on a quiet, oversized lot and features 2 bedrooms, 1.5 baths, enclosed back porch and a full, usable basement with laundry hookups, half bath area and plenty of storage. This home has been updated throughout with newer LVP flooring, trim, doors, replacement windows, a GORGEOUS kitchen with beautiful cabinets and quartz countertops, and a renovated full bath. The oversized 1 car detached garage allows for enclosed parking and extra storage, and the privacy fenced backyard with concrete patio offers plenty of space to spread out and unwind. Move-in ready and easy to show; contact your agent of choice to view before this one gets away! Property sold as is with no known issues.
Step into a beautifully updated residential/commercial flex property in the heart of downtown Lincoln, Illinois. This versatile building blends historic charm with modern convenience, ideal for a variety of business ventures. Plus, it comes with a spacious three-bedroom apartment upstairs, complete with a flex room, full kitchen, oversized living room, updated amenities, and private garage parking for residents. The property has seen extensive updates since 2016, including new windows, flooring, roofing, energy-efficient LED lighting, and a reverse osmosis water system. Importantly, the owned solar panels are fully paid off by the sellers, offering sustainable energy solutions with no additional cost to the buyer. Inside, the retail space features beautiful tall tin ceilings, and plenty of storefront windows that flood the space with natural light. Attached to the main building is an additional retail location (not updated)-perfect as an accountant's office or boutique service space-providing a separate, private setting apart from the main retail area with the potential for additional income. The property also includes a full basement, offering ample space for storage. The building is within eyesight of other local businesses and restaurants, and the Amtrak station is just a short distance away, adding convenience for both business owners and tenants. The vibrant downtown location ensures steady foot traffic thanks to a variety of community events. From Third Fridays in spring and summer to the Balloons Over 66 festival, Retail Therapy events, and holiday festivities, there's always something drawing people to this charming downtown. The supportive local business community and proximity to transportation hubs make this property a standout opportunity. Don't miss the chance to own a piece of Lincoln's lively downtown, where community spirit, modern amenities, and an unbeatable location come together seamlessly.
Rehabbed and one-of-a-kind. Zoned R-2, this mixed-use property has been thoughtfully updated with new electric, plumbing, and many major components already completed, giving you peace of mind from the start. If you're searching for a home filled with unique character, this one stands out. Or, if you've been looking for a flexible live/work opportunity to bring your entrepreneurial vision to life, this property is ready to accommodate. The massive private primary bedroom is wrapped in windows and natural light, creating a true retreat. Previously a greenhouse, the surrounding grounds are now filled with gardens, flowers, and shrubs, offering a setting unlike any other. Affordable and versatile, this property is a rare chance to either open the business of your dreams or settle into a home that's truly one of a kind.
Listings courtesy of MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 12/16/2025 6:18 PM. 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.
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