This 2-bedroom, 1-bath home offers nearly 750 square feet of efficient, easy-to-maintain living space. This property features newer vinyl flooring throughout, creating a clean, modern feel and low-maintenance lifestyle. The functional layout maximizes every square foot, making the home ideal for first-time buyers, downsizers, or investors. A full basement provides excellent storage and additional potential for future finishing or hobby space. Seller is offering a credit to buyers at closing, adding even more value and flexibility. Conveniently located in Lincoln near local amenities, shopping, and dining.
For sale
$75,000
409 N Madison St, Lincoln, IL 62656
2beds
748sqft
Est.:
Single Family Residence, Residential
Built in 1920
5,662.8 Square Feet Lot
$73,700 Zestimate®
$100/sqft
$-- HOA
What's special
Clean modern feelNewer vinyl flooring throughout
- 37 days |
- 86 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2026 at 02:26pm
Listed by:
Kayla Wilson Pref:217-314-1293,
Land & Home Real Estate
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1041946
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Main
- Dimensions: 11ft 0in x 9ft 0in
Bedroom 2
- Level: Main
- Dimensions: 9ft 0in x 12ft 0in
Kitchen
- Level: Main
- Dimensions: 11ft 0in x 9ft 0in
Laundry
- Level: Main
- Dimensions: 5ft 0in x 8ft 0in
Living room
- Level: Main
- Dimensions: 11ft 0in x 13ft 0in
Main level
- Area: 748
Heating
- Has Heating (Unspecified Type)
Features
- Basement: Unfinished
Interior area
- Total structure area: 748
- Total interior livable area: 748 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 5,662.8 Square Feet
- Dimensions: 40 x 141
- Features: Other
Details
- Parcel number: 1264521300
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Melrose
Location
- Region: Lincoln
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $32,250
- Annual tax amount: $972
- Date on market: 2/25/2026
- Cumulative days on market: 8 days
Estimated market value
$73,700
$70,000 - $77,000
$867/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listed for sale | $75,000$100/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #CA1041946 Report a problem | ||
| 2/28/2026 | Pending sale | $75,000$100/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1041946 Report a problem | ||
| 2/25/2026 | Listed for sale | $75,000+900%$100/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1041946 Report a problem | ||
| 5/29/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/24/2024 | Listed for rent | $815$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/20/2023 | Listed for rent | $815$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2020 | Sold | $7,500-25%$10/sqft |
Source:  MRED as distributed by MLS GRID #10640019 Report a problem | ||
| 4/20/2020 | Pending sale | $9,999$13/sqft |
Source: Home Sweet Home Realty #10640019 Report a problem | ||
| 2/18/2020 | Listed for sale | $9,999+399.9%$13/sqft |
Source: Home Sweet Home Realty #10640019 Report a problem | ||
| 12/21/2018 | Sold | $2,000-71.4%$3/sqft |
Source: Public Record Report a problem | ||
| 9/22/2015 | Sold | $7,000$9/sqft |
Source: MRED as distributed by MLS GRID #10232392 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $972 +4.7% | $10,750 +7.9% |
| 2023 | $929 +2.8% | $9,960 +7.2% |
| 2022 | $904 +3.4% | $9,290 +3.8% |
| 2021 | $873 -0.2% | $8,950 |
| 2020 | $875 +2.2% | $8,950 +2.1% |
| 2019 | $856 +2.7% | $8,770 |
| 2018 | $834 +121.1% | $8,770 +4% |
| 2017 | $377 -50.3% | $8,430 -1.2% |
| 2016 | $759 | $8,530 +5.2% |
| 2015 | $759 | $8,110 |
| 2014 | $759 | $8,110 +8.4% |
| 2013 | $759 | $7,480 -1.4% |
| 2012 | $759 +1.4% | $7,590 -0.7% |
| 2011 | $748 -0.8% | $7,640 -2.4% |
| 2010 | $754 | $7,830 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$502/mo
Principal & interest
$387
Property taxes
$115
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Climate risks
Neighborhood: 62656
Nearby schools
GreatSchools rating
- 9/10Northwest Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Lincoln Jr High SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Lincoln Community High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Northwest
- Middle: Lincoln Jr High
- High: Lincoln
Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 62656
- Illinois
- Logan County
- Lincoln
- 62656
- 409 N Madison St
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