For sale

Price cut: $5.1K (11/10)

$49,900

306 E Franklin St, Palestine, IL 62451

3beds

1,024sqft

N/A

Get pre-qualified

Single Family Residence

Built in ----

8,520 Square Feet Lot

$-- Zestimate^®

$49/sqft

$-- HOA

What's special

Partially fenced yardUpdated flooring

Looking super adorable at a distance, both inside and out, this house comes with some updated flooring, fixtures, paint, etc., not to mention a partially fenced yard, detached 2.5 car garage, with concrete drive and apron! A little sprucing-up and a few finishing touches/repairs, this could be a great rental investment or "starter project home" with many of the projects already complete!

22 days
431
48

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Rooms

Room types: Den, Kitchen, Living Room

Basement

Area: 0

Heating

Gas, Wood, Forced Air, Other

Cooling

Central, Wall/Window Unit(s)

Appliances

Included: Refrigerator, Microwave, Oven

Features

Flooring: Laminate, Vinyl
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,024
Total interior livable area: 1,024 sqft
Finished area above ground: 1,024

Property

Parking

Total spaces: 3
Parking features: Detached
Garage spaces: 3

Features

Stories: 1
Patio & porch: Covered Porch

Lot

Size: 8,520 Square Feet

Details

Parcel number: 06435032007000
Lease amount: $0

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Stone Siding, Vinyl Siding
Roof: Asphalt

Condition

New construction: No
Year built: 0

Utilities & green energy

Electric: Amps(0)
Sewer: Municipal
Water: Municipal

Community & HOA

HOA

Has HOA: No

Location

Region: Palestine

Financial & listing details

Price per square foot: $49/sqft
Tax assessed value: $48,540
Annual tax amount: $825
Date on market: 10/19/2026
Date available: 10/16/2026
Listing agreement: Exclusive

Estimated market value

Not available

Estimated sales range

Not available

$1,195/mo

Price history

Date	Event	Price
11/10/2026	Price change	$49,900-9.3%$49/sqft
Source: My State MLS #12033627 Report a problem
10/26/2026	Listed for sale	$55,000$54/sqft
Source: My State MLS #12033627 Report a problem
10/23/2026	Contingent	$55,000$54/sqft
Source: My State MLS #12033627 Report a problem
10/19/2026	Listed for sale	$55,000+37.8%$54/sqft
Source: My State MLS #12033627 Report a problem
11/16/2017	Listing removed	$39,900$39/sqft
Source: Aldrich Realty #10425543 Report a problem
9/26/2017	Listed for sale	$39,900$39/sqft
Source: Aldrich Realty #10425543 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$825 +6.1%	$16,180 +6.5%
2024	$778 +22.3%	$15,195 +13.5%
2023	$636	$13,385 +13%
2022	--	$11,847 +3.9%
2021	$531 +0%	$11,400
2020	$531 -1%	$11,400
2019	$536 -0.8%	$11,400
2018	$541	$11,400 +4.6%
2013	--	$10,899
2012	--	$10,899 +3.8%
2011	--	$10,498 +2.7%
2010	--	$10,222
2009	$1,005	$10,222