Looking for your next project? This could be the opportunity you've been waiting for! Built in 1977, this 3-bedroom, 1-bathroom home offers 1,184 square feet of potential and is ready for someone to bring it back to life. Included with the sale is the additional lot next door, giving you just over a half-acre of space with plenty of room to expand, garden, or simply enjoy extra privacy. While the home does need repairs and updates, it offers a solid opportunity for an investor, handyman, or buyer looking to create their own space. This bank-owned property is being sold strictly as-is. Don’t miss your chance to unlock the potential this property has to offer! Get in touch today to see if you could make this one all your own! Cash or conventional loan buyers only.
Active
Listed by: Thats A Wrap Realty • Tyler D Schmitt • 618-267-9214
$74,000
408 E 1st St, Ramsey, IL 62080
3beds
1,184sqft
Single Family Residence
Built in 1977
0.56 Acres Lot
$-- Zestimate®
$63/sqft
$-- HOA
What's special
Extra privacyAdditional lot next door
- 12 days
- 134
- 2
Zillow last checked:
Listing updated:
Listed by:
Tyler D Schmitt 618-267-9214,
Thats A Wrap Realty
Source: MARIS,MLS#: 26031978
Originating MLS: Southwestern Illinois Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Heating
- Radiant Ceiling
Cooling
- Central Air
Features
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,184
- Total interior livable area: 1,184 sqft
- Finished area above ground: 1,184
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: One
Lot
- Size: 0.56 Acres
- Dimensions: 158 x 120
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 130608477006
- Special conditions: Listing As Is,Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Year built: 1977
Utilities & green energy
- Electric: Single Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Reiss Th Ird Sub
HOA
- Has HOA: No
Location
- Region: Ramsey
Financial & listing details
- Price per square foot: $63/sqft
- Tax assessed value: $80,511
- Annual tax amount: $1,495
- Date on market: 5/22/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,470 +13% | $26,837 +11.9% |
| 2023 | $1,300 +10.7% | $23,983 +11% |
| 2022 | $1,174 -7.7% | $21,606 |
| 2021 | $1,272 -0.5% | $21,606 |
| 2020 | $1,277 +0.2% | $21,606 +4% |
| 2019 | $1,274 | $20,775 +3% |
| 2018 | -- | $20,177 |
| 2017 | -- | $20,177 +2% |
| 2016 | $1,104 | $19,781 |
| 2015 | $1,104 | $19,781 |
| 2014 | $1,104 | $19,781 +6.1% |
| 2011 | $1,104 +0.4% | $18,646 |
| 2010 | $1,100 | $18,646 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 62080
Nearby schools
Schools provided by the listing agent
- Elementary: Ramsey Dist 204
- Middle: Ramsey Dist 204
- High: Ramsey
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





