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401 S Main St, Spaulding, IL, 62561

1beds
1baths
863sqft
$59,900
$69price/sqft
$580/moest. monthly cost
$23,200/yrincome needed

About This Home

Check out this 1 bed 1 bath on a corner lot in the Riverton School District. This home makes for a great investment property or starter home. The interior of the home features to large bedroom, living room, dining room, kitchen and laundry area. Most windows have been updated! The exterior of the home features a covered front porch, detached 1.5 car garage as well as a cellar style basement that is perfect for storms. Home sold as-is.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

4/10
6/10
Riverton Middle SchoolGrades 5-81.5 mi
2/10
Riverton High SchoolGrades 9-121.0 mi

Construction

Materials

  • Foundation: Block,Brick/Mortar
  • Roof: Shingle
  • Construction materials: Frame,Masonite

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Cellar,Partial,Unfinished

Bedroom1

  • Level: Main
  • Dimensions: 15ft 6in x 11ft 2in

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Window features: Replacement Windows

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 863
  • Total interior livable area: 863 sqft

Kitchen

  • Level: Main
  • Dimensions: 11ft 1in x 13ft 4in

Laundry

  • Level: Main
  • Dimensions: 6ft 9in x 8ft 2in

Living Room

  • Level: Main
  • Dimensions: 15ft 6in x 11ft 2in

Main Level

  • Area: 863

Property

Details

  • Parcel number: 1504.0428024

Features

  • Patio & porch: Porch

Lot

  • Lot size: 0.33 Acres
  • Features: Corner Lot
  • Lot size dimensions: 87 x 166

Parking

  • Total spaces: 1.5
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1.5
  • Covered spaces: 1.5

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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm

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 $302$3,624
Home Insurance *$54$648
Property Taxes $94$1,128
Electricity $130$1,569
Total$580$6,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,885/yr
40% on housing$17,400/yr
45% on housing$15,466/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: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$69This listing

vs Other Active Listings

Avg $/sqft

ZIP 62561$52
Sangamon County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 62561$111
Sangamon County$110

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)

No zestimate history available

Price History

DateEventPrice
2026-07-22Listed for sale$59,900
2023-11-02Listing removed--
2023-09-26Price change$58,700
2023-08-30Price change$69,900
2023-08-11Listed for sale$74,900
2011-04-21Sold$30,000

For Sale by Agent

AgentDominic Campo
BrokerageCampo Realty, Inc.

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