507 S Prairie St

Jacksonville, IL 62650

$25,000
Price
—
Beds
—
Baths
2,086 Sq. Ft.
$12 / Sq. Ft.
2,086
Sq. Ft.
$12
per Sq. Ft.

Description

Help wanted! This duplex is in need of some TLC but this long time owner is ready to let the next owner profit from its cash flow. A true duplex with separate meters for each unit featuring some natural woodwork and hardwoods. The main floor could be 3 bedrooms and rents are up for these kinds of apartments! Upper unit was rented for $500/mo and tenants pay utilities. Being sold AS IS. Storage shed conveys. NEW sewer line to the street approx 2 years ago.Help wanted! This duplex is in need of some TLC but this long time owner is ready to let the next owner profit from its cash flow. A true duplex with separate meters for each unit featuring some natural woodwork and hardwoods. The main floor could be 3 bedrooms and rents are up for these kinds of apartments! Upper unit was rented for $500/mo and tenants pay utilities. Being sold AS IS. Storage shed conveys. NEW sewer line to the street approx 2 years ago.
  1. Listed by Shawn Doerr • The Real Estate Group, Inc.

Property Details for 507 South Prairie Street

Parking Total
2.0
Subdivision Name
None
LISTING UPDATED: 01/01/2026 02:01 PM

Property Details for 507 South Prairie Street

StatusActive
MLS #CA1032653
Days on Market440
Taxes$1,882 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1930
Lot Size0.18 AC / 7,800 SF
CountyMorgan County

Location

Listing Courtesy of The Real Estate Group, Inc.
Add your commute

Building Information for 507 South Prairie Street

Stories-Residences2Year Built1930Building Size-Lot Size0.18 AC / 7,800 SF

Payment Calculator

$279 per month

30 year fixed, 6.15% Interest

Principal and Interest

$122

Property Taxes

$157

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 507 South Prairie Street

Summary
Location and General Information
  • City: Jacksonville
  • County Or Parish: Morgan
  • Directions: google
  • Latitude: 39.730345
  • Longitude: -90.237711
  • MLSArea Minor: Jacksonville Northwest
  • Postal Code: 62650
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 0920401003
  • Tax Annual Amount: $1,882
  • Tax Legal Description: Edgmons 1st Addn Lot 8
  • Tax Year: 2023
School Information
  • High School: Jacksonville District #117
Parking
  • Parking Features: On Street
Property
Lot Information
  • Structure Type: Two or More Story, Duplex
  • Building Area Total: 2086.0
  • Lot Features: Level
  • Lot Size Dimensions: 60 x 130
  • Number Of Units Total: 2
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Brick/Mortar
  • New Construction: No
  • Year Built: 1930
  • Year Built Source: Unable to Verify Actual Age
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 2
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Aluminum Siding
Interior Features
  • Basement: Unfinished
  • Heating: Forced Air, Natural Gas
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 2
  • Number Of Water Heaters: 2
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-1,882
  • Operating Expense: $0
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Lease Term: Month To Month
  • Tenant Pays: All Utilities

Property History for 507 South Prairie Street

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Temporarily Off Market

MRED #1032653

—
Dec 17, 2025

Price Change

MRED #1032653

$29,900—
Oct 22, 2024

Listed (Active)

MRED #1032653

$45,000—
Oct 22, 2024

Listed (Active)

RMLS ALLIANCE #CA1032653

$45,000—
DateEvent & SourcePrice
12/17/2025

Temporarily Off Market

MRED #1032653

—
12/17/2025

Price Change

MRED #1032653

$29,900
10/22/2024

Listed (Active)

MRED #1032653

$45,000
10/22/2024

Listed (Active)

RMLS ALLIANCE #CA1032653

$45,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 507 South Prairie Street

Taxable ValueLand$2,400Additions$18,830Total$21,230
Tax Record2024$1,015 ($85 / month)
Home Facts
Beds0Lot Size7,841 SqFtStyleSingle Family ResidenceCountyMORGANAPN09-20-401-003

Schools near 507 South Prairie Street

This home is within Jacksonville School District 117.
Rating
School
Type
Grades
Distance
Washington Elementary School
Public - K to 5
Crossroad Learning Center
Public - K to 12
Jacksonville High School
Public - 9 to 12
Jacksonville Middle School
Public - 6 to 8
Rating
School
Distance
Washington Elementary School
PublicK to 5

Crossroad Learning Center
PublicK to 12

Jacksonville High School
Public9 to 12

Jacksonville Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 507 South Prairie Street, Jacksonville, IL 62650

507 South Prairie Street is a multi-family home for sale in Jacksonville, IL 62650. This property was listed for sale on October 22, 2024 by The Real Estate Group, Inc., it's currently listed at $25,000. This listing's school district is Jacksonville School District 117. Nearby schools include Washington Elementary School, Crossroad Learning Center and Jacksonville High School. 507 South Prairie Street is a 0-bed, 0-bath, 2,086 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Real Estate Group, Inc.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/05/2026 09:13 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.