$155,000
$10K PRICE DROP

408 S Madison St Elizabeth, IL 61028

Estimated payment $990/month

Total Views 1,185
3 Beds
1 Bath
1,276 Sq Ft
$121 Price per Sq Ft

Highlights

  • Deck
  • Solid Surface Countertops
  • Forced Air Heating and Cooling System
  • River Ridge Middle School Rated 9+
  • Walk-In Closet
  • Water Softener

About This Home

REDUCED! Discover the perfect blend of comfort and space in this delightful move-in ready, two-story home, ideally situated on a large .23 acre lot. This idyllic 3 bedroom home is located in a quiet and peaceful neighborhood within walking distance of parks, downtown shopping and other amenities. Upon entering the home, you will be greeted by a spacious dining room, living room kitchen, full bathroom and main floor laundry room all of which are beaming with an abundance of natural light. The second floor boasts 3 bedrooms each containing ample closet space. Outside, discover 2 covered porches, large deck and expansive back yard with a garden shed, ideal for entertaining family and friends, gardening or simply enjoying the fresh air. This well maintained home offers new updates throughout including, windows, kitchen countertops, lower kitchen cabinets, flooring, exterior doors and screen doors, gutter system, water heater, front sidewalk and Whirlpool appliances: refrigerator, dishwasher, stove, washer and dryer. This is a fantastic property that you won’t want to miss!

Listing Agent

Justin Bauer

JIM SULLIVAN REALTY License #475203384 Listed on: 07/21/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • Paved Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Built-In Oven
  • Stove
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • River Ridge Elementary And Middle School
  • River Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener
  • TV Antenna

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,749

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Countertop-Solid Surface, Walk-In Closet, Window Treatments
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Sump Pump, Wall Oven, Washer, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 784
  • Exemptions: Owner
  • General Features: Deck, Laundry 1st Floor, Storage Shed, TV Antenna/Roter
  • Grid: Jo Daviess County
  • Legal Description: MRS HOWARTH'S ADD LOT 9
  • Lot Acreage: 0.23
  • Lvt Date: 07/21/2025
  • Number of Main Level Full Bathrooms: 1
  • Stove Range Fuel: Gas
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: 110985
  • Egress: No
  • Elementary School: River Ridge
  • Estimated Total Finished Sq Ft: 1276
  • Estimated Upper Sq Ft: 492
  • Garage Type Driveway: Asphalt
  • Hold Earnest Money Y N: No
  • Pertinent Facts: REDUCED! Discover the perfect blend of comfort and space in this delightful move-in ready, two-story home, ideally situated on a large .23 acre lot. This idyllic 3 bedroom home is located in a quiet and peaceful neighborhood within walking distance of parks, downtown shopping and other amenities. Upon entering the home, you will be greeted by a spacious dining room, living room kitchen, full bathroom and main floor laundry room all of which are beaming with an abundance of natural light. The second floor boasts 3 bedrooms each containing ample closet space. Outside, discover 2 covered porches, large deck and expansive back yard with a garden shed, ideal for entertaining family and friends, gardening or simply enjoying the fresh air. This well maintained home offers new updates throughout including, windows, kitchen countertops, lower kitchen cabinets, flooring, exterior doors and screen doors, gutter system, water heater, front sidewalk and Whirlpool appliances: refrigerator, dishwasher, stove, washer and dryer. This is a fantastic property that you won’t want to miss!
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 1276
  • L O1 Brokerage Number: 478012972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Basement Type: Partial
  • Master Bedroom: Dimensions: 15'6x13'6, On Level: Upper
  • Bedroom 2: Dimensions: 11'9x8'3, On Level: Upper
  • Bedroom 3: Dimensions: 12'x7'10, On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: 10'4x15'6
  • Family Room: No
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 15'6x8', On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 15'6x11'6
  • Price Per Sq Ft: 121.47
  • Recreation Room: No
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Window Unit
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Schools

  • School District: River Ridge
  • Elementary School: River Ridge
  • Middle School: River Ridge
  • High School: River Ridge

Building Info

  • Year Built: 1940

Tax Info

  • Year: 2024
  • Taxes: 1749

MLS Schools

  • HighSchool: River Ridge
  • School District: River Ridge
  • Middle School: River Ridge

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,750 $32,879 $1,999 $30,880
2023 $1,522 $28,390 $1,726 $26,664
2022 $1,522 $23,426 $1,424 $22,002
2021 $1,859 $29,571 $2,816 $26,755
2020 $1,763 $27,647 $2,633 $25,014
2019 $1,718 $27,647 $2,633 $25,014
2018 $1,683 $27,647 $2,633 $25,014
2017 $1,107 $20,356 $2,633 $17,723
2016 $1,102 $20,356 $2,633 $17,723
2015 $1,099 $20,356 $2,633 $17,723
2014 $1,635 $28,852 $2,451 $26,401
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $155,000 -6.0% $121 / Sq Ft
07/21/2025 07/21/25 For Sale $164,900 +101.1% $129 / Sq Ft
06/09/2017 06/09/17 Sold $82,000 -8.8% $64 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $89,900 -- $70 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $80,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 New Conventional
Source: Public Records

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Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202504270

NorthWest Illinois Alliance of REALTORS®

APN: 07-001-258-00