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390 3rd St, Staunton, IL, 62088

0beds
--baths
0sqft
$1,250,000
--price/sqft
$9,629/moest. monthly cost
$385,160/yrincome needed

About This Home

103± acres ready to work. Substantial earthwork has been completed to expand and improve the tillable ground, making this a turnkey opportunity for farmers and investors alike. A small home on the property is sold as-is with minimal value, but power, cistern, and septic are already in place, a meaningful head start for any future plans.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

6/10
8/10
Staunton Jr High SchoolGrades 6-83.1 mi
7/10
Staunton High SchoolGrades 9-123.1 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Features

  • Finished area above ground: 0

Property

Details

  • Parcel number: 081051000000008.002
  • Special condition: Standard

Lot

  • Lot size: 103.29 Acres

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
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Illinois Counties

Flood

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 $6,320$75,840
Home Insurance *$1,315$15,780
Property Taxes $1,864$22,368
Electricity $130$1,569
Total$9,629$115,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$330,137/yr
40% on housing$288,870/yr
45% on housing$256,773/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: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 62088$121
Madison County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 62088$101
Madison County$119

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
2026-05-07Listed for sale$1,250,000

For Sale by Agent

AgentMike Mihelcic
BrokerageRE/MAX Alliance

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