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108 W Commercial St, Strasburg, IL, 62465

4beds
2baths
1,600sqft
$130,000
$81price/sqft
$1,062/moest. monthly cost
$42,480/yrincome needed

About This Home

This four-bedroom, one-and-a-half-bathroom home, built in 1890, offers a unique opportunity for buyers looking for a fixer-upper on a generous 1.26-acre lot. While the property is currently not livable, it holds significant potential for those with a vision. Key features include: - **Bedrooms:** 4 - **Bathrooms:** 1.5 - **Lot Size:** 1.26 acres - **Year Built:** 1890 - **Condition:** Selling as-is; requires renovation or tear down - **Garage:** Detached, suitable for storage or potential workshop This property is for investors or homeowners eager to restore a piece of history. Don’t miss out on the chance to create a space in a good location. If you have any specific questions or need further details, feel free to ask!

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Basement
  • Roof: Asphalt
  • Construction materials: Asbestos,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,None

Basement

  • Has basement: Yes
  • Basement: Unfinished,Partial

Bedroom

  • Level: Main

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Family Room

  • Level: Main

Features

  • Main Level Primary
  • Finished area below ground: 0
  • Finished area above ground: 1,600

Half Bath

  • Level: Upper

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,600
  • Total interior livable area: 1,600 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Main

Property

Details

  • Parcel number: 16143416411015
  • Zoning: Other
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 1.26 Acres
  • Features: Wooded

Parking

  • Total spaces: 4
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Drought
    DroughtRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Drought
Inland Flooding
Strong Wind
Winter Weather
Earthquake
Hail
Heat Wave
Tornado

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $657$7,884
Home Insurance *$130$1,560
Property Taxes $145$1,740
Electricity $130$1,569
Total$1,062$12,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,411/yr
40% on housing$31,860/yr
45% on housing$28,320/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$81This listing

vs Other Active Listings

Avg $/sqft

ZIP 62465
Shelby County$90

vs Homes Sold Last Month

Median $/sqft

ZIP 62465
Shelby County$113

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-23Price change$150,000
2026-03-03Listed for sale$200,000

For Sale by Agent

AgentGrant Beals
BrokerageC21 Realty Concepts

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