$49,999
PENDING

307 W Main St Tallula, IL 62688

Estimated payment $427/month

Total Views 2,965
2 Beds
1 Bath
980 Sq Ft
$51 Price per Sq Ft

Highlights

  • Eat-In Kitchen
  • Central Air
  • 2.5 Car Garage

About This Home

**Investment Opportunity in Tallula – PORTA School District** Looking for your next investment project or rental property? This small **fixer-upper located on the back side of Tallula on over an acre, offers great potential for the right buyer. Nestled on a quiet street in the very back of town, this property sits in the desirable PORTA School District, making it an attractive option for future renters or homeowners. The home features a simple layout with plenty of opportunity to renovate and add value. With some updates and repairs, this property could be transformed into an affordable starter home, a long-term rental, or a profitable flip. The lot offers room for outdoor space, parking, or future improvements. Whether you're an investor looking to expand your portfolio or a buyer ready to take on a project, this property provides **excellent potential at an affordable price point in a small-town setting. **Highlights:** * Located in the **PORTA School District** * Quiet location on the edge of town * Ideal **fixer-upper, rental, or flip opportunity** * Affordable investment potential * Small-town living with room to add value Bring your vision and make this property shine!

Listing Agent

Jeremy Hughes

Land & Home Real Estate Brokerage Phone: 217-836-1773 License #475198761 Listed on: 03/14/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1920

Parking

  • 2.5 Car Garage

Home Design

  • 980 Sq Ft Home
  • Shingle Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Porta Cusd #202 High School

Additional Features

  • Eat-In Kitchen
  • 1.19 Acre Lot
  • Central Air
  • Unfinished Basement

Community Details

  • 11Th Street Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15-12-200-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,935

Year Built

Built in 1920

Lot Details

1.19 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Unit Levels: One and One Half
  • New Construction: No
  • Property Attached Yn: No
  • Attribution Contact: Pref: 217-836-1773
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 980
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Other
  • Construction Type: Aluminum Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2.5
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Water Source: Public Sewer
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Porta CUSD #202

Lot Info

  • Lot Size Acres: 1.19
  • Lot Size: 1.19 acre
  • Parcel #: 15-12-200-012
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1935
  • TaxExemptions: None

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,626 $23,035 $1,935 $21,100
2023 $1,626 $21,440 $1,801 $19,639
2022 $1,496 $21,020 $1,766 $19,254
2021 $1,461 $20,049 $1,684 $18,365
2020 $653 $19,850 $1,667 $18,183
2019 $730 $20,878 $1,579 $19,299
2018 $749 $20,878 $1,579 $19,299
2017 $0 $20,469 $1,548 $18,921
2015 $696 $20,469 $1,548 $18,921
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2026 04/10/26 Pending -- -- --
03/14/2026 03/14/26 For Sale $49,999 -- $51 / Sq Ft
Source: RMLS Alliance

Source: RMLS Alliance

MLS Number: CA1042326

RMLS Alliance

APN: 15-12-200-012

Illinois Menard County Tallula 62688

307 W Main St, Tallula, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance 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. Some IDX listings have been excluded from this website.IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Listing Agent
Jeremy Hughes
Section Image
Land & Home Real Estate
Your Personal Tour Guide

Ask me questions while you tour the home.