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202 W Cumberland Rd, Altamont, IL, 62411

0beds
1baths
7,680sqft
$395,000
$51price/sqft
$3,321/moest. monthly cost
$132,840/yrincome needed

About This Home

This isn’t just a building—it’s a business opportunity with options. Positioned with excellent visibility, this versatile commercial property offers the kind of flexibility that today’s buyers are searching for. Whether you’re an owner-operator, expanding business, or investor, this space is designed to adapt. Step inside and you’ll find a spacious, open layout with high ceilings, durable concrete floors, and bright lighting throughout—making it ideal for a wide range of uses. ? Contractor or service-based business headquarters ? Warehouse or light distribution space ? Agricultural equipment storage ? Clean, adaptable flex space for future growth The wide-open interior allows you to configure the space to fit your exact needs, while large access points make moving vehicles, equipment, or inventory simple and efficient. The original Building B, constructed in 1977, offers 4,944 sq ft with 14 ft walls and fully finished walls and ceilings. This space includes a welcoming office area, bathroom, storage, and a fully functional repair shop. Access is convenient with one overhead door and one sliding door. The attached Building C, added in 2008, expands the operation with an additional 2,736 sq ft and 16 ft walls, featuring durable finished metal walls and ceilings and three overhead doors, allowing for efficient workflow and increased capacity. Both buildings are constructed with 6-inch reinforced concrete floors and are equipped with gas heating systems, ensuring durability and year-round comfort. *All contents are negotiable and can be added to the top of the sale price. Sale is subject to a parcel split, with only the west portion of the existing parcel (as illustrated Exhibit A) to be conveyed. Final legal description and boundaries to be determined by survey and approved by the governing authority.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

7/10
Altamont Grade SchoolGrades PK-80.3 mi
5/10
Altamont High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1948

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Steel

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater,None

Bedrooms & Bathrooms

  • Bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Main Level Primary
  • Finished area above ground: 7,680

Half Bath

  • Level: Main

Heating & Cooling

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

Interior Area

  • Total structure area: 7,680
  • Total interior livable area: 7,680 sqft

Property

Details

  • Parcel number: 0917020027
  • Zoning: COM
  • Special condition: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1 Acres

Parking

  • Total spaces: 5
  • Parking features: Attached,Four or more Spaces,Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 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

  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

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

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 $1,997$23,964
Home Insurance *$284$3,408
Property Taxes $450$5,400
Electricity $590$7,088
Total$3,321$39,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$113,862/yr
40% on housing$99,630/yr
45% on housing$88,560/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: 11.4%
11.4%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$51This listing

vs Other Active Listings

Avg $/sqft

ZIP 62411$91
Effingham County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 62411$114
Effingham County$103

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
2026-06-28Listed for sale$395,000
2026-06-26Listing removed$395,000
2026-06-03Listed for sale$395,000
2025-04-02Sold$465,000

For Sale by Agent

AgentStacy Nelson
BrokerageDammerman and Associates Elite Realty

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