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1881 Old State 121 #121, Lincoln, IL, 62656

5beds
1baths
1,778sqft
$190,000
$107price/sqft
$1,607/moest. monthly cost
$64,280/yrincome needed

About This Home

Discover the rural farmhouse you’ve been waiting for on the edge of Lincoln, ready for your vision and a little TLC! Step inside to a spacious, light-filled living room that leads right into a formal dining area with multiple exterior access points to both covered side and front porches. The main level features an eat-in kitchen with laundry hookups and all appliances to remain, two pantry/storage rooms, a mudroom with garage access, updated full bathroom, and a spacious main floor bedroom. Upstairs offers four additional bedrooms, including a generous 17x17 primary with beautiful countryside views. Major updates include vinyl replacement windows, propane furnace (2020), architectural shingle roof on the main portion of the home (2019), electric water heater (2020), well equipment updates (2023), blown insulation, and updated wiring. So many big items already done! This home is situated on approximately 5.74 +/- acres (subject to survey) with a large pasture, tillable garden space, and a 30X50 rock floor equipment shed. Private well and septic located on the property. Did I mention that it is located in the highly sought-after West Lincoln-Broadwell school district? A wonderful opportunity awaits to make this rural gem your own! Cash or Conventional only, please. Property is being sold as is. Inspections welcome at buyers expense.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Block,Brick/Mortar
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Additional Room

  • Level: Main
  • Dimensions: 4ft 0in x 6ft 0in

Additional Room2

  • Level: Main
  • Dimensions: 6ft 0in x 12ft 0in

Appliances

  • Appliances included: Dryer,Microwave,Range,Refrigerator,Washer,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial,Unfinished

Bedroom1

  • Level: Main
  • Dimensions: 9ft 0in x 17ft 0in

Bedroom2

  • Level: Upper
  • Dimensions: 17ft 0in x 17ft 0in

Bedroom3

  • Level: Upper
  • Dimensions: 8ft 0in x 11ft 0in

Bedroom4

  • Level: Upper
  • Dimensions: 8ft 0in x 10ft 0in

Bedroom5

  • Level: Upper
  • Dimensions: 9ft 0in x 17ft 0in

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Window features: Replacement Windows

Heating & Cooling

  • Heating features: Propane,Forced Air,Propane Rented
  • Cooling features: None

Interior Area

  • Total structure area: 1,778
  • Total interior livable area: 1,778 sqft

Kitchen

  • Level: Main
  • Dimensions: 12ft 0in x 15ft 0in

Living Room

  • Level: Main
  • Dimensions: 16ft 0in x 17ft 0in

Main Level

  • Area: 1100

Other

  • Level: Main
  • Dimensions: 17ft 0in x 17ft 0in

Upper Level

  • Area: 678

Property

Details

  • Parcel number: 1201400100

Features

  • Levels: Two
  • Patio & porch: Porch

Lot

  • Lot size: 5.74 Acres
  • Features: Agricultural,Pasture
  • Lot size dimensions: 300 x 900

Parking

  • Total spaces: 1
  • Parking features: Attached,Gravel
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Drought
Tornado
Hail
Heat Wave
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $960$11,520
Home Insurance *$239$2,868
Property Taxes $272$3,264
Electricity $136$1,641
Total$1,607$19,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,097/yr
40% on housing$48,210/yr
45% on housing$42,853/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$107This listing

vs Other Active Listings

Avg $/sqft

ZIP 62656$80
Logan County$75

vs Homes Sold Last Month

Median $/sqft

ZIP 62656$99
Logan County$99

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-06Price change$225,000
2026-02-24Listed for sale$249,900

For Sale by Agent

AgentSeth A Goodman
BrokerageME Realty

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