1886 – Lincoln, IL – $15,000

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Added to OHD on 10/1/18   -   Last OHD Update: 4/29/19   -   28 Comments
605 Lincoln Ave, Lincoln, IL 62656

Map: Street

  • $15,000
  • 5 Bed
  • 1.5 Bath
  • 2200 Sq Ft
  • 0.37 Ac.
Stately Queen Anne Victorian in need of renovation! Main floor of home features a foyer with an open staircase, living room with fireplace, dining room with additional fireplace we well as a large adjacent pantry, family room with access to side sunporch, kitchen, and a half bath area. Upstairs, you will find five rooms that could serve as bedroom areas -- one with an additional fireplace -- and a rough in for a full bath. Property also features an expansive floored walk-up attic host to an exterior access point that leads to a neat front third floor balcony, front as well as rear interior staircases, basement, and a covered front porch. Structure has served as an apartment complex in previous years, but most recently as a single family residence. No utilities currently on to property. Property being sold "AS IS, WHERE IS." Full of rich history and packed with potential, 605 Lincoln Avenue, Lincoln is situated on a generous tree shaded corner lot within an established convenient location. Priced to allow you and yours to let your imagination roam and truly make this classic property shine for years to come.
Contact Information
Seth Goodman, ME Realty
217-737-3742 / 855-294-7830
Links, Photos & Additional Info
Status, price and other details may not be current and must be independently verified.
OHD does not represent this home.

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28 Comments on 1886 – Lincoln, IL – $15,000

OHD does not represent homes on this site. Contact the agent listed for details including current price and status.
  1. Kelly, OHDKelly, OHD says: 10365 comments
    Admin

    1901 Folk Victorian
    Chestatee, GA

    Alright, someone take a visit and get some interior photos. 🙂

    24
  2. CoraCora says: 1894 comments
    OHD Supporter & Moderator

    Clinton, TN

    I love these posts! I just know this is a fabulous gem inside. <3

    4
  3. Avatarjeff myers says: 57 comments

    Just in time for Halloween!

    3
  4. AvatarGloria says: 9 comments

    I hope someone fixes it up before it’s too late. That being said…since I have lived through many remodels in my life I feel tired looking at it.

    18
  5. RosewaterRosewater says: 4561 comments
    OHD Supporter

    1875 Italianate cottage
    Noblesville, IN

    Oh Jeez. People are going to go nuts for this one. Heheheh.

    I’m guessing the random roof bit lying up against the side must be from the demo-ed back porch and sleeping porch. Probably too much to hope the windows and doors were saved.

    Houses like this always make me think of “Oliver Wendell Douglas” and his indefatigable optimism. The next owner is going to need loads of that! 🙂

    https://i.pinimg.com/originals/9d/70/4d/9d704dc78dc5ae14c2600f19951f37c2.jpg

    10
    • SouthwestlovesmommaSouthwestlovesmomma says: 123 comments

      I thought OWD was some great poet and I clicked to read the poetry…I recognize the gentleman, “land spreading out so far and wide,” I am OLD! Thanks for that – good show!

      1
  6. AvatarJoe says: 636 comments

    I see mostly post war ranchers on the street. It saddens me that a house like this, which seems to have been built when this was more rural, surrounded by much smaller homes that are so much later. I can’t see that many would be willing to spend the time and energy to fix it up when there does not appear to be a chance of resale value anywhere close to investment in.

    4
  7. AvatarLady Texas says: 145 comments

    Gulp!

  8. MichaelMichael says: 1309 comments

    Lordy, this could be such a beautiful house!

  9. AvatarCarolyn E. says: 73 comments

    This one appears to have been a beauty in it’s heyday, but needs lots of love and money to revive it today. I think it would even be a challenge for the Property Brothers, Drew and Jonathan Scott to take on….but when they got finished, it would be the Jewel of the neighborhood!!!

    • AvatarBethany otto says: 2663 comments
      OHD Supporter

      Escondido, CA

      Oh my gosh God protect it from the Property Brothers. It would be unrecognizable in a bad way.

      18
  10. Miss-Apple37Miss-Apple37 says: 859 comments
    1875 Limestone house
    Loire Valley, France,

    I saw this one on Instagram and commented: what a teaser! i’m happy you posted it Kelly, because it’ll be easier to follow if there are new photos added!

    1
  11. AvatarRon G says: 167 comments

    From what little we know about this house it could be a gold mine hiding in plain site. Providing this house doesn’t have severe structural failures it could well be a great investment. The neighborhood shows a few homes from turn of the century to MCM. Plus, just a block or two a way there is commercial development. The $15,000.00 asking price is reasonable for what could once be called a very stately mansion for a person with preservation in mind, the know how and the financial ability to return this house back to the glory days of home building. From the pictures, the front porch is in need of a rebuild from the ground up to the roof and even the foundation is probably in question. I think its probably safe to say that the remodel will cost way beyond what the surrounding housing prices are valued at. The listed price may be negotiable but a complete restoration will most likely start at six figures and go up from there.

    2
  12. John ShifletJohn Shiflet says: 4718 comments
    OHD Supporter

    1889 Eastlake Cottage
    Fort Worth, TX

    Lincoln, Illinois, has a nice collection of late Victorian era houses. I thought I had streetview toured all of the older areas of Lincoln but somehow I missed this faded gem. Another Queen Anne in better condition stands diagonally across the street. I’m almost certain that this house was architect designed and some of the features like the gabled overlooks are sometimes seen on houses designed by David S. Hopkins (Grand Rapids, MI, plan book architect) and Herbert C. Chivers. (St. Louis plan book architect)
    As for the actual construction date, I would feel far more confident dating this house to the period from 1900 to about 1905 give or take a few years. The upper sections are wood shingle clad with more common clapboards on the first floor. It looks like there are three usable stories of living space along with a steeply peaked attic. Sad that the house has been allowed to decline to its current condition but on the bright side, the house is at least still standing. For anyone interested, as Ron has noted this is not a house that just a little paint will fix. It has deferred maintenance issues that probably extend from the basement to the attic. The payoff here is that once all the work and investment have been made, the owners will have a distinctive period home with character that will again be a focal point of the neighborhood.

    Whether it is justified to make the kind of investment needed depends of course on what the interior looks like. After years or decades of rental use (the Lincoln College campus is just a short walk away) I would expect the interior to look faded but perhaps original mantels (I counted two chimneys and a metal vent pipe) remain; I see no art glass (stained, leaded, beveled) or much to provide a clue about the interior. The entry door may or may not be original but its painted. If original, I’d expect the wood to be Oak or another furniture grade hardwood probably originally finished in the clear rather than painted. What may have been a back porch, later enclosed and more recently taken off, will need to be rebuilt.

    Not far away at 325 N. Logan, is this similar period home: (streetview) https://goo.gl/maps/sH4xSyvsGqG2 Zillow listing: https://www.zillow.com/homedetails/325-N-Logan-St-Lincoln-IL-62656/125012346_zpid/?fullpage=true It wasn’t in much better condition a few years ago, but someone bought and fully renovated the Colonial Revival house. However, the asking price has come down substantially since it was first listed. (from $600K last December to merely $239K currently) That large price slide does suggest a big investment here might fit into the labor of love category. (i.e., not profitable) Illinois is number 2 in the highest property taxes states behind New Jersey and regrettably, the tax situation may worsen before it improves. That said, the taxes for this property were a modest $778 in 2017. Post renovation/restoration, that figure is likely to go up but some places have tax incentives for historic properties for a specific period of time like 10, 15 years, or so. Best to check with the State historic preservation office for specifics.
    In summary, like everyone else I await seeing interior photos before I could offer any valid opinion on the feasibility of a project of this magnitude. I sincerely do hope someone sees the potential in this house and has the resources to do a full restoration.

    5
    • AvatarRon G says: 167 comments

      John, I always find your observations helpful when trying to determine from the limited info offered by the agent and in this case, no interior pictures. When I look at a potential property I always concern myself with location first and what is built around it that could either be an asset or a liability. In the case of this house, the location is a concern but there may be what we don’t know that could override the location concern. The porch is in poor condition and needs to be replaced. However, the exposed beams that can be seen in the pictures indicates they are most likely the main support for the above tower. My biggest concern in a house this old is always the integrity of the foundation. Its probably limestone and there’s never anyway to know how porous the stone is until you can have samples tested. I did a modest queen with almost the sane square footage about ten years ago that had to be lifted and a new foundation put under it. Cost to lift and dug out and a new basement was almost $44,000.00. This didn’t include porch removal and taking down three chimneys before the lift could start.
      The exterior of this house needs an enormous amount of work, a long with the unknown interior, this is why I went out on a limb and wrote in my previous post that the starting cost could begin with an investment of six figures. But we’ll never know unless a forum member takes the leap and keeps us updated during the restoration.

      3
  13. John ShifletJohn Shiflet says: 4718 comments
    OHD Supporter

    1889 Eastlake Cottage
    Fort Worth, TX

    Hi Ron,
    I concur with your concerns about the costs of what a full rehab might mushroom into. I think the house location within the pleasant town of Lincoln probably should not be a source of worry but after careful consideration, I doubt that anyone could do a respectable rehab and then turn over a profit. (noting again that 325 N. Logan that came on the market for $600k in Dec. 2017 and is now down to $239K) That evidence places this house into the “labor of love” category which is a term I use when the rehab costs vs. potential investment returns are unfavorable. Sometimes a house is so unique, charming, or has sentimental value to the point that they override the lack of profitability. At this point, only an extremely appealing interior would justify a large investment although I’d still hate to see it lost to neglect. Makes me wish I had won the lottery in the recent past or otherwise had abundant funds so that I could rescue homes like this so that they could remain standing. I was intrigued by the spoke-like beams extending from the base of the turret over to the porch columns. Kind of like the flying buttresses concept from Medieval times.
    Like everyone else, about all I can hope for is that someone will visit the house and report back on its condition as well as share a representative sample of interior photos that either add to the argument to save the house or take away from it. This faded house needs all of the good luck that’s possible.

    1
    • RossRoss says: 2406 comments
      OHD Supporter

      1894 QueenAnneFreeClassic
      Emporia, KS

      Hi, John!

      You mention 325 N. Logan. It’s a beautiful house but the $600K original asking price was delusional in a neighborhood where almost every house averages like $125K.

      As you know, my big old house was in TERRIBLE condition, and it’s exterior was in far worse condition than the house listed here. I am repainting the exterior myself, and doing all the repairs to any damaged areas myself. If I contracted all this work out the costs would be extraordinary.

      I see nothing about this house which cannot be repaired by a single person (or couple) with some experience, some tools, a lot of time (spread out over years), and a small amount of money.

      As for the foundation or other structural issues (which Ron was curious about), only an on-site inspection can ascertain conditions.

      4
      • John ShifletJohn Shiflet says: 4718 comments
        OHD Supporter

        1889 Eastlake Cottage
        Fort Worth, TX

        Ross, you’re too modest. (and maybe a little crazy, but in a good way) you are also very talented and knowledgeable about restoring old houses-the Cross House is evidence of that. However, the average Joe or Joann wouldn’t have a clue about where to start on this large house. Houses in the going…going…almost gone category should not be considered by the average first time restorer unless they have lots of experience in construction and preferably, not just new construction. In preservation magazines and online blogs we read heroic tales of hardship and makeshift but ingenuous methods of restoration without spending a lot of money. This house doesn’t give the impression of being an easy fix although I’ll hasten to add I’ve seen much worse brought back. Your advice about bringing in a qualified unbiased inspector is spot-on. If City code enforcement has a list of defects that have to be remedied before utilities can be turned on, they will have to be addressed before the new owner(s) can move forward. Once that initial barrier has been overcome, I totally agree the rest of the work can be spread out over time as resources allow. Worst would be a buyer who thinks the place to start is in a total gut of the interior. Even if that is the unfortunate approach, best to take one room at a time because you and I have seen many, many, old houses completely gutted to the studs and the disillusioned rehabbers when they realize the enormity of the work ahead of them they often give up and sell the shell of a house for less than they paid. Professional flippers take that approach because they have the resources (typically a crew and sub-contractors as well as a well thought out budget) to take the house back to a finished product. My personal advice is to take a hard look about what is wrong with a house under consideration for rehab (restoration is a more historically sensitive form of rehab) and decide what can be lived with and what has to go. Even then, a one room at a time approach seems to be the most efficient when construction crews aren’t involved. Getting in over their heads doesn’t do the buyers/restorers or the old house any favors. The most successful restorations are the result of careful planning and a methodical approach. As you know, restoring a historic home is life changing and should always be taken seriously.

        2
    • AvatarRon G says: 167 comments

      John, Anyone trying to do a rehab to this house with the hopes of trying to resell this place could be in for a shock. If I focus just on the exterior combined with the asking price and replacing the rear addition, I would strongly suggest the investment required has well exceeded the resale value compared to the home values of the neighborhood. This house would probably be best suited for a buyer who appreciates this architectural style and wants to make it their personal home. The amount of detail this house retains make it a very worthy candidate for a restoration. When I suggest areas of a home of this age that require more then a cursory inspection by a local realtor suggested home inspector, I rely on my own education combined with my history in the building industry a long with the input from other experienced engineers. When just using realtor descriptions and pictures of the home its almost impossible to get a clear understanding of a home. So when I write something about a home I hope its helpful to people who follow these forums. I’m not trying to scare people away from purchasing one of these beauties. Kelly does a wonderful job of bringing these beautiful old homes to our attention and I always look forward to members comments and questions. Ross made a great comment regarding home owners being actively involved in the remodel. Hopefully one thing they bring away from their experience is how much skill and knowledge a builder has to have but also how much work is involved.

  14. JpJp says: 40 comments

    “oh, what’s this? a wall in between two rooms? WE CAN’T HAVE THAT!”

    Yeah, in general keep like any home you care about the architectural value of away from most of those shows. There was one on HGTV called like “restoration addict” which was better about preservation, but of course they never air that.

    3
  15. John ShifletJohn Shiflet says: 4718 comments
    OHD Supporter

    1889 Eastlake Cottage
    Fort Worth, TX

    JP,
    My spouse and I miss our Rehab Addict fix. Nicole ran into some personal problems (there’s always been an element of drama in her shows) to the point where HTGV decided not to air her show on a regular basis. We have cable TV (basic service) and get HGTV but do not receive the DIY network where her show moved to. It’s my understanding that season 8 of rehab Addict is now airing on DIY. Here’s some updates and highlights about this season: https://www.tvinsider.com/701445/rehab-addict-season-8-premiere-nicole-curtis-interview/ Perhaps after they are aired, they can be streamed Online. I agree that the majority of HGTV shows focus on new and trendy even when old houses are involved. (Like the Property Brothers and their Victorian era Toronto townhouse renovations)

    • Kelly, OHDKelly, OHD says: 10365 comments
      Admin

      1901 Folk Victorian
      Chestatee, GA

      Restored with Brent Waterman is coming back (or may be back) with season 3(?) on the DIY Network. His restorations are the best I’ve seen on any HGTV/DIY show.

      2

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