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!
For sale
$119,000
103 E Lincoln St, Mount Morris, IL 61054
--beds
--baths
2,380sqft
Est.:
3 - 4 Units
Built in 1925
-- sqft lot
$-- Zestimate®
$50/sqft
$-- HOA
What's special
Included appliancesLarge backyardOff-street parking
- 98 days
- on Zillow |
- 459 |
- 40 |
Zillow last checked: 7 hours ago
Listing updated: May 27, 2025 at 09:21am
Listed by:
Rebecca Hazzard 815-509-8432,
Re/Max Of Rock Valley
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202502242

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: None, Gas Water Heater
Features
- Has basement: Yes
Interior area
- Total structure area: 2,380
- Total interior livable area: 2,380 sqft
- Finished area above ground: 2,380
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Details
- Parcel number: 0826351010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 - 4 Units
Materials
- Brick/Stone, Wood
- Roof: Shingle
Condition
- Year built: 1925
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: City
- Utilities for property: Separate Utilities
Community & HOA
Community
- Subdivision: IL
Location
- Region: Mount Morris
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $121,647
- Annual tax amount: $3,919
- Price range: $119K - $119K
- Date on market: 5/5/2025
- Loading
- Loading