1.3 Acres located in the center of town- 3 property tax IDs (0316035086, 0316035085, and 0316035070) currently zoned B-2. Would need to be rezoned to Special Use for storage units. Main piece of ground is approx 450x85 with two additional lots, one is 75x100 and the other is irregular. Access off National Ave on the South and High St on the north. There is a 10’ alley through the property.
Lot/land
$119,000
502 S Banker St, Effingham, IL 62401
--beds
0baths
0.86Acres
Unimproved Land
Built in ----
0.86 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 221 days |
- 48 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jeffrey Speer 217-347-0404,
RE/MAX Key Advantage,
Alexis Speer 217-821-2904,
RE/MAX Key Advantage
Source: CIBR,MLS#: 6256749
Originating MLS: Central Illinois Board Of REALTORS
Originating MLS: Central Illinois Board Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Lot
- Size: 0.86 Acres
Details
- Parcel number: 0316035085
- Zoning: B-2
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Subdivision: Railroad Add
Location
- Region: Effingham
Financial & listing details
- Tax assessed value: $92,910
- Annual tax amount: $2,092
- Date on market: 1/13/2026
- Cumulative days on market: 221 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2026 | Listed for sale | $119,000 |
Source:  CIBR #6256749 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,092 +9.2% | $30,970 +10% |
| 2023 | $1,917 +6.5% | $28,150 +9% |
| 2022 | $1,799 -3% | $25,830 +1% |
| 2021 | $1,855 | $25,570 +2.9% |
| 2020 | -- | $24,850 +1% |
| 2019 | $1,786 +3.4% | $24,600 +4% |
| 2018 | $1,728 -48% | $23,650 -47.9% |
| 2017 | $3,325 | $45,380 +3% |
| 2016 | -- | $44,060 +3% |
| 2015 | -- | $42,780 +3% |
| 2014 | -- | $41,530 +2% |
| 2013 | -- | $40,720 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 62401
Nearby schools
GreatSchools rating
- NASouth Side Grade SchoolGrades: 1-2Distance: 0.4 mi
- 6/10Effingham Junior High SchoolGrades: 6-8Distance: 0.6 mi
- 8/10Effingham High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Effingham Dist. 40
Source: CIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $107,100-- bd-- ba-- sqft507 South St, Effingham, IL 62401Off Market
- $131,100-- bd-- ba-- sqft500 S Banker St, Effingham, IL 62401Off Market
- $216,8002 bd1 ba952 sqft509 South St, Effingham, IL 62401Off Market
- $8,390-- bd1 ba512 sqft501 South St, Effingham, IL 62401Off Market
- $67,9001 bd-- ba1.1k sqft501 South St, Effingham, IL 62401Off Market
- $1,780-- bd-- ba-- sqft303 High Ave, Effingham, IL 62401Off Market
- $46,140-- bd1 ba-- sqft513 South St, Effingham, IL 62401Off Market
- $9,8202 bd1 ba768 sqft301 High Ave, Effingham, IL 62401Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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