Pending

Listed by: MCR Realty Professionals, Inc • Melissa D Smith • Contact: 217-331-2062

$39,000

500 E Water St, Litchfield, IL 62056

2beds

789sqft

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Single Family Residence

Built in 1946

10,018 Square Feet Lot

$-- Zestimate^®

$49/sqft

$-- HOA

What's special

Original hardwood floorsVery functional layoutCovered front porchWhite vinyl sidingIncluded washer and dryer

Fantastic starter home or income-producing opportunity! This two bed, one bath home offers a nice, clean exterior with classic and easy-to-maintain white vinyl siding, a covered front porch, and endless potential to turn what's there into something extraordinary! When you pull up to 500 E Water Street it's easy to image the possibilities. There's a one car detached garage that's extra long for additional storage. The back yard is surprisingly large, offering an easy shape to fence in. Inside, the sellers have removed the old carpet and have started the work of refinishing the original hardwood floors. One less step you have to take! The eat in kitchen is bright and includes the refrigerator and stove. There's also a mud room coming in from the garage. That's where you'll find the included washer and dryer (functionality unknown) and access for the basement. There's big bedrooms with hardwood floors. A very functional layout!

182 days

407

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Bedroom

Features: Floor Covering: Wood
Level: Main
Area: 144
Dimensions: 12x12

Bedroom 2

Features: Floor Covering: Wood
Level: Main
Area: 132
Dimensions: 11x12

Bathroom

Features: Floor Covering: Vinyl
Level: Main
Area: 49
Dimensions: 7x7

Kitchen

Features: Floor Covering: Vinyl
Level: Main
Area: 156
Dimensions: 13x12

Laundry

Features: Floor Covering: Vinyl
Level: Main
Area: 108
Dimensions: 9x12

Living room

Features: Floor Covering: Wood
Level: Main
Area: 192
Dimensions: 16x12

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dryer, Gas Oven, Refrigerator, Washer
Laundry: Laundry Room, Main Level

Features

Flooring: Hardwood
Basement: Partial
Has fireplace: No

Interior area

Total structure area: 789
Total interior livable area: 789 sqft
Finished area above ground: 789
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Garage, Gravel
Garage spaces: 1

Features

Levels: One
Patio & porch: Porch

Lot

Size: 10,018 Square Feet
Dimensions: 197 x 50
Features: Back Yard

Details

Parcel number: 1504401006
Special conditions: Listing As Is

Construction

Type & style

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

Materials

Vinyl Siding
Foundation: Block

Condition

Year built: 1946

Utilities & green energy

Electric: Ameren
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Not In A Subdivision

HOA

Has HOA: No

Location

Region: Litchfield

Financial & listing details

Price per square foot: $49/sqft
Tax assessed value: $47,880
Annual tax amount: $1,425
Date on market: 12/23/2025
Cumulative days on market: 183 days
Listing terms: Cash,Conventional
Ownership: Private
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$1,146/mo

Price history

Date	Event	Price
7/14/2026	Pending sale	$39,000$49/sqft
Source: MARIS #25082168 Report a problem
7/14/2026	Listed for sale	$39,000$49/sqft
Source: MARIS #25082168 Report a problem
6/24/2026	Listing removed	$39,000$49/sqft
Source: MARIS #25082168 Report a problem
6/10/2026	Price change	$39,000-22%$49/sqft
Source: MARIS #25082168 Report a problem
12/23/2025	Listed for sale	$50,000$63/sqft
Source: MARIS #25082168 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,425 +4.9%	$15,960 +7.3%
2023	$1,359 +5.5%	$14,880 +7.5%
2022	$1,288 +6.1%	$13,840 +10.3%
2021	$1,214 +4.7%	$12,550 +2.4%
2020	$1,160 -0.9%	$12,250 +2.1%
2019	$1,170 -9.4%	$12,000 -7.3%
2018	$1,291 +1.9%	$12,950 +2.8%
2017	$1,267	$12,600 +1.2%
2016	$1,267 +839.8%	$12,450
2015	$135 -78.1%	$12,450 +0.6%
2013	$614 -3%	$12,380 -3.1%
2011	$633 +0.8%	$12,770 -1.6%
2009	$628	$12,980

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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