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🏘 Lincoln IL - $16,650 Cash | Investment Property with $120k Potencial

GovDealsReal Estate📍Chicago, IL

Current bid:

$16,650

Time Left

4d 6h

Ends Nov 14, 2026

Pre-bid checklist12/9

The property

  • Title and liens: "📄 Property transfer via Quitclaim Deed"

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

Market demand: Real Estate in Illinois sell about 32% of the time, typically ~2 bids. Based on 317 completed sales over the last year.

No issues flagged on this property (see details)

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

Before sale day

Sale date Nov 13, 2026 (in 5 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

🔥 SPECIAL OFFER ON GOVDEALS! GREAT INVESTMENT OPPORTUNITY! 🔥 📍 309 S. Hamilton St., Lincoln, IL 62656 💰 PROMOTIONAL PRICE: $16,650 – CASH ONLY 🏡 INVEST LITTLE AND EARN BIG! Excellent opportunity for investors looking for a property with tremendous potential for appreciation. PROPERTY DETAILS: - 🏠 Single-family home with approximately 838 sq. ft. of living space. - 📐 6,098 sq. ft. lot. - 🔨 In good overall condition. - 💵 Estimated After Repair Value (ARV): $120,000. - 🛠️ Estimated repairs: $10,000–$30,000. 📈 GREAT PROFIT POTENTIAL! With a relatively small investment in improvements, this property could reach an estimated value of $120,000. An excellent opportunity to renovate and resell for a profit, or turn it into a rental property and generate monthly income. 📍 Located in Lincoln, Illinois, a historic city with a charming downtown and a peaceful community. ✅ Property taxes paid through 2027. Buyer responsible beginning in 2028. 📄 Property transfer via Quitclaim Deed. No title insurance included. ⚠️ Buyers are encouraged to conduct their own inspections and verify all property details before purchasing. 📌 Parcel ID: 08-215-130-00 🚨 PROMOTIONAL PRICE: $16,650! 💵 CASH SALE ONLY! Don't miss this incredible investment opportunity! Contact us today before it's gone!

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.