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222 S 5th St, Albion, IL, 62806

2beds
1baths
870sqft
$24,900
$29price/sqft
$337/moest. monthly cost
$13,480/yrincome needed

About This Home

This 2 bedroom, 1 bath fixer-upper presents an intriguing investment opportunity for anyone looking to expand their portfolio of rental properties or even take on a summer house flip project. Situated on a deep lot just a short walk away from the factory door, the location of this property offers distinct advantages in the rental market. The property is priced to move and is being sold as-is. Call today for more information or to schedule private tour.

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

6/10
Albion Grade SchoolGrades PK-80.5 mi
2/10

Construction

Condition

  • Year built: 1876

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Oven

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Crawl

Bedrooms & Bathrooms

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

Features

  • Flooring: Hardwood,Carpet,Vinyl
  • Finished area above ground: 870

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 870
  • Total interior livable area: 870 sqft

Kitchen

  • Features: Open,Laminate Counters

Property

Details

  • Parcel number: 1002482004
  • Lease amount: 0

Features

  • Stories: 1
  • Patio & porch: Covered Porch,Enclosed Porch

Lot

  • Lot size: 10,285 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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

  • Earthquake
    EarthquakeRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Earthquake
Strong Wind
Winter Weather
Cold Wave
Hail
Heat Wave
Lightning
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 $125$1,500
Home Insurance *$56$672
Property Taxes $26$312
Electricity $130$1,569
Total$337$4,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$11,554/yr
40% on housing$10,110/yr
45% on housing$8,986/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: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$29This listing

vs Other Active Listings

Avg $/sqft

ZIP 62806$69
Edwards County$76

vs Homes Sold Last Month

Median $/sqft

ZIP 62806
Edwards County$38

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
2026-06-12Listed for sale$24,900
2020-01-31Listing removed$38,500
2020-01-21Listed for sale$38,500
2017-05-26Sold$27,500

For Sale by Agent

AgentShawn Storckman
BrokerageSARA STORCKMAN REALTY INC

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