Investor’s Dream – 3/1 Fixer Opportunity! ?? This diamond in the rough is ready for renovation! Three bedrooms, one bath, large lot, and plenty of upside. Add your finishing touches and watch the value grow. Perfect for investors looking to flip or add to a rental portfolio
3 Bedroom • 1 Bath • Detached 1-Car Garage • Large Lot
Great opportunity for investors or handy homeowners! This 3-bed, 1-bath classic bungalow sits on a spacious lot with plenty of room for outdoor living, expansion, or accessory structures. The property features a detached 1-car garage, providing off-street parking and workshop space.
SUBJECT PROPERTY IS SOLD ON auction / HUBZU.com
While the home needs updating and cosmetic repairs, the solid bones and layout offer significant upside potential through remodeling or rehab. Bring your vision and tools — this one is priced accordingly and ready for transformation. Text listing listing agent to submit your offer
Closed
Listed by: RE/MAX Alliance • Vernon J Korte • 618-334-5462
Bought with: Zdefault Office
$17,000
475 S Pearl St, Waverly, IL 62692
3beds
1,100sqft
Single Family Residence
Built in 1950
0.25 Acres Lot
$-- Zestimate®
$15/sqft
$1,163 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,163/mo
Zestimate® history
Owner options
List your home for rent
$1,163/mo
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$1,163/mo
Rent Zestimate®
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$85/mo
Est. payment
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$85/mo
Est. payment
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List your homeWhat's special
Large lotSolid bones and layoutOff-street parkingWorkshop space
Zillow last checked:
Listing updated:
Listed by:
Vernon J Korte 618-334-5462,
RE/MAX Alliance
Bought with:
Default Zmember
Zdefault Office
Source: MARIS,MLS#: 25081683
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: None
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,100
- Total interior livable area: 1,100 sqft
- Finished area above ground: 1,100
- Finished area below ground: 0
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: One
- Has view: Yes
- View description: None
Lot
- Size: 0.25 Acres
- Features: Private
Details
- Parcel number: 1911218007
- Special conditions: Listing As Is,Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asbestos Shingle
Condition
- Fixer
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available
Community & HOA
Community
- Subdivision: City Of Waverly Salters Add
HOA
- Has HOA: No
Location
- Region: Waverly
Financial & listing details
- Price per square foot: $15/sqft
- Tax assessed value: $69,000
- Annual tax amount: $1,550
- Date on market: 12/18/2025
- Cumulative days on market: 75 days
- Listing terms: Cash
- Ownership: Bank
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Sold | $17,000$15/sqft |
Source:  MARIS #25081683 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,550 +20.6% | $23,000 +11% |
| 2023 | $1,285 +55.2% | $20,720 |
| 2022 | $827 -6.8% | $20,720 +16.9% |
| 2021 | $888 -23.7% | $17,730 -7.1% |
| 2020 | $1,164 +13% | $19,090 +2.6% |
| 2019 | $1,030 +1.4% | $18,610 |
| 2018 | $1,016 -8.4% | $18,610 -5% |
| 2017 | $1,109 | $19,590 |
| 2016 | $1,109 0% | $19,590 |
| 2015 | $1,109 +2.4% | $19,590 +2% |
| 2014 | $1,083 +25% | $19,200 |
| 2013 | $867 | $19,200 +18.7% |
| 2011 | -- | $16,170 |
| 2010 | $879 -2.3% | $16,170 |
| 2009 | $900 -35.5% | $16,170 +2% |
| 2008 | $1,394 | $15,860 |
Find assessor info on the county website
Neighborhood: 62692
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Nearby schools
GreatSchools rating
- 6/10Hillsboro Primary SchoolGrades: 2-3Distance: 6.2 mi
- 5/10Hillsboro Middle SchoolGrades: 6-8Distance: 6.1 mi
- 5/10Hillsboro High SchoolGrades: 9-12Distance: 6.1 mi
Schools provided by the listing agent
- Elementary: Waverly Dist 6
- Middle: Waverly Dist 6
- High: Waverly
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Illinois
- Highland County
- Hillsboro
- 62692
- 475 S Pearl St
