509 Pearl St

Godfrey, IL 62035

$130,000
Price
1
Bed
714 Sq. Ft.
$182 / Sq. Ft.
714
Sq. Ft.
$182
per Sq. Ft.
Get preapproved with Rocket Mortgage1

Description

This adorable one-bedroom, one-bath cottage is ready to be reimagined and brought back to life as a cozy home full of character. It offers a unique opportunity for someone with vision to create a space that truly feels like their own. The home has been used commercially in recent years, so it will need some updates — including the addition of a functional kitchen — but that also means you have a blank canvas to design it exactly how you’d like. Out back, the paved parking area opens up all kinds...This adorable one-bedroom, one-bath cottage is ready to be reimagined and brought back to life as a cozy home full of character. It offers a unique opportunity for someone with vision to create a space that truly feels like their own. The home has been used commercially in recent years, so it will need some updates — including the addition of a functional kitchen — but that also means you have a blank canvas to design it exactly how you’d like. Out back, the paved parking area opens up all kinds of possibilities. Whether you’ve been dreaming of adding a detached garage, workshop, or simply a covered carport, this space gives you the flexibility to make it happen. This property could make a wonderful full time residence, a low maintenance second home, or even a part time retreat. And for those thinking a little outside the box, there may also be potential for future commercial use with the appropriate approvals. Pre-approved Buyers only please, with local financing preferred. Property is being sold “as is” and Seller will not provide occupancy. If you’re looking for something with charm, potential, and room to personalize, this one is definitely worth a closer look. (This is a duplicate listing of MLS #26011795)
  1. Listed by Whitney McIver • Tarrant and Harman Real Estate and Auction Co
    P: (618)-531-2256 whitney@tarrantandharman.com

Property Details for 509 Pearl Street

Architectural Style
Bungalow
LISTING UPDATED: 05/08/2026 04:31 PM

Property Details for 509 Pearl Street

StatusActive
MLS #26028173
Days on Market27
Taxes$1,540 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1940
Lot Size0.92 AC / 40,075 SF
CountyMadison County IL
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Tarrant and Harman Real Estate and Auction Co
Add your commute

Building Information for 509 Pearl Street

Stories-Year Built1940Building Size-Lot Size0.92 AC / 40,075 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$776 per month

30 year fixed, 6.36% Interest

Principal and Interest

$648

Property Taxes

$128

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 509 Pearl Street

Summary
Location and General Information
  • City: Godfrey
  • County Or Parish: Madison
  • Latitude: 38.9576528
  • Longitude: -90.18841918
  • Postal Code: 62035
  • State Or Province: IL
  • Sub division Name: Squires Add
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 24-2-01-23-03-302-013
  • Tax Annual Amount: $1,540.00
  • Tax Year: 2024
  • AssociationYN: No
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Asphalt, Oversized, Parking Lot
School Information
  • Elementary School: ALTON DIST 11
  • High School: Alton
  • High School District: Alton DIST 11
  • Middle Or Junior School: ALTON DIST 11
Property
Lot Information
  • Lot Features: Paved
  • Lot Size Acres: 0.92
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 40075.2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Property and Assessments
  • Above Grade Finished Area: 714.0
  • Above Grade Finished Area Source: Public Records
  • Documents Available: Other
  • Documents Count: 0
  • Photos Count: 31
  • Year Built: 1940
  • Disclosures: Occupancy Permit Required, See Seller's Disclosure
  • Construction Materials: Vinyl Siding
  • Ownership Type: Private
  • NewConstructionYN: No
  • HomeWarrantyYN: No
Utilities
  • Electric: Ameren
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Back Yard, Vinyl
Interior Features
  • Basement: Crawl Space
  • Basement YN: No
  • Levels: One
  • Main Level Bedrooms: 1.0
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Forced Air
  • Rooms Total: 4
  • MIS_LowerLevelBathroomsFull: 0
  • MIS_LowerLevelBathroomsHalf: 0
  • MIS_LowerLevelBedrooms: 0
  • MIS_MainLevelBathroomsFull: 1
  • MIS_MainLevelBathroomsHalf: 0
  • MIS_MainAndUpperLevelBedrooms: 1
  • MIS_MainAndUpperLevelBathrooms: 1
  • MIS_UpperLevelBedrooms: 0
Room Information
Room 1
  • Room Dimensions: 15x11
  • Room Length: 15.0
  • Room Type: Living Room
  • Room Width: 11.0
Room 2
  • Room Dimensions: 15x12
  • Room Length: 15.0
  • Room Type: Kitchen
  • Room Width: 12.0
Room 3
  • Room Dimensions: 11x10
  • Room Length: 11.0
  • Room Type: Bedroom
  • Room Width: 10.0
Room 4
  • Room Dimensions: 9x6
  • Room Length: 9.0
  • Room Type: Bathroom
  • Room Width: 6.0
Room 5
  • Room Dimensions: 9x7
  • Room Length: 9.0
  • Room Type: Office
  • Room Width: 7.0

Property History for 509 Pearl Street

DateEvent & SourcePriceAppreciation
May 8, 2026

Listed (Active)

MARIS #26028173

$130,000—
Aug 30, 2022

Closed (Public Record)

Public Record #1497622137

$92,500

+5.1% / yr

Dec 16, 2020

Closed (Public Record)

Public Record #691029893

$85,000—
DateEvent & SourcePrice
05/08/2026

Listed (Active)

MARIS #26028173

$130,000
08/30/2022

Closed (Public Record)

Public Record #1497622137

$92,500

+5.1% / yr

12/16/2020

Closed (Public Record)

Public Record #691029893

$85,000

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

Public Records for 509 Pearl Street

Taxable ValueLand$2,080Additions$22,340Total$24,420
Tax Record2024$1,539 ($128 / month)
Home Facts
Beds2Total Finished SqFt714 SqFtAbove Grade Finished SqFt714 SqFtStories1Lot Size4,015 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1960CountyMADISONAPN24-2-01-23-03-302-013

Schools near 509 Pearl Street

This home is within Alton Community Unit School District 11.
Rating
School
Type
Grades
Distance
North Elementary School
Public - 2 to 5
Alton Middle School
Public - 6 to 8
Alton High School
Public - 9 to 12
Mark Twain School
Public - K to 12
Rating
School
Distance
North Elementary School
Public2 to 5

Alton Middle School
Public6 to 8

Alton High School
Public9 to 12

Mark Twain School
PublicK to 12

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.

Similar Homes

Explore Nearby Homes

More information about 509 Pearl Street, Godfrey, IL 62035

509 Pearl Street is a single family home for sale in Godfrey, IL 62035. This property was listed for sale on May 8, 2026 by Tarrant and Harman Real Estate and Auction Co, it's currently listed at $130,000. It has been on the market for a total of 27 days and was last sold on August 30, 2022. This listing's school district is Alton Community Unit School District 11. Nearby schools include North Elementary School, Alton Middle School and Alton High School. 509 Pearl Street is a 1-bed, 1-bath, 714 sqft single family home built in 1940.

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 Tarrant and Harman Real Estate and Auction Co

Based on information submitted to the MLS GRID as of 05/08/2026 04:31 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.