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Listing provided courtesy of Gates and Gables RealtyMREDMLS# 12666880MLS Provider
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Charming 1912 single-family home in the heart of Jerseyville, offering 1,516 sqft of living space across 1.5 stories with a full basement. Sitting on an oversized corner lot (20x115 + 50x115) in the established Lafayette Addition, just minutes from downtown, schools, shopping, and IL-267. The home has been vacant and is being sold strictly as-is, where-is - perfect for a buyer with vision who wants to add their own finishes and build instant equity. Great bones, classic early-1900s character, and a footprint that's hard to find at this price point. Recent neighborhood comps support an ARV of $130K-$145K. Cash, hard money, or renovation loans (203k / HomeStyle) welcome. Buyer and buyer's agent to verify all information. Showings by appointment with proof of funds or pre-approval. Bring your offers

Source: MRED, MLS#: 12666880

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  • Property Type
    Residential
  • Lot
    0.05 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 402 S Lafayette Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/22/2026Source: MRED Price Reduction
$49,900 -28.6%
6/22/2026Source: MRED Status Change
Price Change
6/15/2026Source: MRED Status Change
Active
6/10/2026Source: MRED Added to Database
June 10, 2026