$45,000
SOLD FEB 28, 2025

511 Jefferson St Hanover, IL 61041

1 Bed
1 Bath
600 Sq Ft
1800 Built

Recently Sold

$75 Per Sq Ft

10% Below List Price

78 Days on Market

Highlights

  • Bonus Room
  • 2 Car Detached Garage
  • Walk-In Closet
  • River Ridge Middle School Rated 10
  • Paneling
  • 1-minute walk to Hanover Township Park District

About This Home

As of February 2025

**Investor Opportunity!** Income-Producing Property with Potential for Airbnb/VRBO or Full-Time Rental. Also a Perfect Affordable Starter Home in Move-In Condition. Nestled in the picturesque town of Hanover, this charming small house offers a unique blend of comfort and character. Whether you're an investor or seeking a personal retreat, this 1-bedroom, 1-bathroom, 2 car detached garage home presents an array of possibilities. Upon entry, you'll be welcomed by a cozy living space that invites relaxation and warmth. The layout is ideal for individuals or couples, offering a perfect setting to unwind and create lasting memories. The well-appointed kitchen features modern appliances, making meal preparation effortless. The low-maintenance yard ensures you have more time to enjoy the serene Jo Daviess County lifestyle. Situated in a quiet, friendly neighborhood, this property combines a peaceful residential setting with convenient proximity to all the attractions of nearby Galena. Explore Hanover, Savanna and Galena's quaint downtowns, filled with unique shops, local eateries, and a vibrant community atmosphere. Outdoor enthusiasts will appreciate the natural beauty of the area, with easy access to state parks, walking trails, and recreational amenities. Hanover is known for its close-knit community, excellent schools, and a calendar full of events and festivals that foster a true sense of belonging. With convenient access to surrounding cities, commuting is a breeze, offering both small-town charm and broader regional opportunities. Don't miss this fantastic opportunity to own an affordable, move-in ready home in a thriving community. Schedule a showing today and envision the possibilities this delightful property has to offer.

Last Agent to Sell the Property

Travis Velazquez

Elm Street REALTORS License #475143743 Listed on: 10/04/2024

Last Buyer's Agent

Travis Velazquez

Elm Street REALTORS License #475143743 Listed on: 10/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $306

Year Built

  • Built in 1800

Lot Details

  • Lot Dimensions are 40x40x100x100

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Asbestos Siding

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Partially Carpeted

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Bathroom
  • Electric Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Stone or Rock in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$306

Year Built

Built in 1800

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1800
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Some Carpeting, Paneling
  • LivingArea: 600
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Stone/Rock
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Asbestos Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Unit, In Bathroom
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 40X40X100X100
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 306.04
  • Tax Year: 2023

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $45,000 0.0% $75 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $45,000 -10.0% $75 / Sq Ft
10/04/2024 10/04/24 For Sale $50,000 +426.3% $83 / Sq Ft
06/11/2019 06/11/19 Sold $9,500 -52.5% $17 / Sq Ft View Prior Sale
05/18/2019 05/18/19 Pending -- -- --
11/21/2018 11/21/18 For Sale $20,000 -- $36 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12175876

Midwest Real Estate Data (MRED)