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HOT DEAL IN LINCOLN, IL! Affordable Investment Property with Great Potential!

GovDealsReal EstateπŸ“Chicago, IL

Current bid:

$17,900

Time Left

7d 22h

Ends Nov 4, 2026

Pre-bid checklist11/9

The property

  • Title and liens: "Quitclaim Deed"

From the seller's description. Not a guarantee of condition.

Market demand: Real Estate in Illinois sell about 28% of the time, typically ~2 bids. Based on 283 completed sales over the last year.

No issues flagged on this property (see details)

βœ“ Checked: partial ownership share, timeshare, mobile home, vacant land.

Before sale day

Sale date Nov 3, 2026 (in 8 days)

These checks read the county's listing, not the title records. A property with nothing flagged can still carry liens, so order a title search before you bid. Not legal advice.

Seller

TERRABIDGOLD LLC, IL

Private seller (not a government agency), listed on a platform we index for its fleet and equipment.

Condition: As-is

Full Description

πŸ”₯ HOT DEAL! LINCOLN, IL – AFFORDABLE INVESTMENT PROPERTY! πŸ“ 309 S. Hamilton St., Lincoln, IL 62656 🏑 Property Details: Single-family home with approximately 838 sq. ft. of living space on a 6,098 sq. ft. lot. The property is in good overall condition and needs only minor repairs, offering an excellent opportunity for investors, renovators, or buyers looking to add value. πŸ’° Estimated ARV (After Repair Value): $120,000 πŸ”¨ Estimated Repairs: $10,000–$30,000 πŸ“ Located in Lincoln, a historic Illinois city known for its Route 66 heritage, charming downtown, parks, and community atmosphere. βœ… PROPERTY TAXES PAID THROUGH 2027 – Buyer responsible beginning in 2028. πŸ“„ Ownership Transfer: Quitclaim Deed. No title insurance is included. ⚠️ Buyers are encouraged to conduct their own inspections and verify property details, condition, zoning, repair costs, and transfer requirements before bidding. πŸ’Ž Don't miss this investment opportunity! Parcel ID: 08-215-130-00

Pickup information

Chicago, IL 60639-4526

TERRABIDGOLD LLC, IL

Pickup within 10 business days
Contact seller through GovDeals for pickup details. Most sellers require pickup within 10 business days of payment.

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Market data: see how government surplus prices are moving in the GovAuctions.app Surplus Price Index and how often each category sells in the GovAuctions.app Surplus Market Report.