$2,078

closing credit¹

731 Palmer Ave Lincoln, IL 62656

$175,000
2 beds
1 full, 1 partial
1,064 sqft
0.7 acres
$164 / sqft
House

Property details

About 731 Palmer Ave

Situated on a massive 150X200 .69 acre lot on the edge of town is where you will find this rock solid incredibly well maintained 2-3 bedroom, 1.5 bath vinyl sided bungalow style home with ample garage space and an incredibly usable basement! Main floor of home awaits you (and yours) with its roomy front facing living room host to hardwood flooring, updated tiled equipped eat-in kitchen with an adjacent pantry, two comfortably sized bedrooms -- both with newer carpeting, and a beautifully renovated (2022) full hall bath. The full usable basement is host to laundry facilities, mechanicals, a large optional third bedroom (no egress) with an adjacent half bath (toilet as well as shower), and great storage/work space. Seeking garage space? This property features a 2+ car 33X21 detached garage as well as an additional 25X12 one car detached garage with an attached 25X12 rec room/enclosed porch! Property also features a fantastic floored lit attic, neat circular driveway, architectural roof, vinyl replacement windows, gutter guards (2022), NEW water heater (2024), and all appliances to remain upon settlement for new owner(s) including washer and dryer. Much to offer here -- expect to be impressed!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air, Central
StatusActive
CoolingCeiling Fan(s)
Size1,064 sqft
BasementYes
Lot size0.69 Acres
Year built1957
ParkingDetached, Oversized
MLS #CA1031801
Garage3 spaces

Summary

  • MLS Number: CA1031801
  • MLS Name: RMLSA
  • Office Name: ME Realty
  • Listing Agent: Seth Goodman

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 11:50:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$175,000

731 Palmer Ave

$2,078

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$43,180$3,001
2022$40,260$2,845
2021$38,770$2,715
2020$38,770$2,637
2019$38,010$2,526
2018$36,550$2,512
2017$36,550$1,143

History based on county public records data.

Nearby schools

7

Northwest Elementary School

Public District KG-5

0.7 mi

506 11th St

8

Central Elementary School

Public District KG-5

1.1 mi

100 7th St

7

Washington-Monroe Elementary School

Public District KG-5

1.5 mi

1002 Pekin St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,357. Most Lincoln, IL residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

47%
<35k
43%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
15%
Single, with Kids
27%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 731 Palmer Ave

This home is located at 731 Palmer Ave in Lincoln, IL and zip code 62656. This 1,064 square foot home, which was built in 1957, sits on a 0.69 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $175,000.

In December 2024, from all listings sold in Lincoln, IL there were more than 1 sold above asking price, over 6 sold below and more than 9 were sold right at the asked price. Between November and December 2024, Lincoln, IL real estate market has seen decrease in the number of listings by 16.7%. The median list price of listings available in December 2024 was $124,900, while the average time on the real estate market was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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