1483 S 1st St, Fairfield, IL, 62837
About This Home
Blank Slate with Endless Possibilities! Situated on approximately 0.37 acres at the edge of town, this 1,440 sq. ft. property offers the perfect opportunity to bring your vision to life. Currently set up as a commercial building, it has the potential to be converted into a unique residential home, making it ideal for investors, entrepreneurs, or anyone looking for a one-of-a-kind project. Recent updates include new windows, fresh paint, new columns, new fascia and soffit, and a new 200-amp electrical service and breaker panel, providing a refreshed exterior and added value. The property also features a convenient circle drive, offering easy access and ample parking. Whether you're dreaming of a business location, a custom home, or a combination of both, this versatile property is a true blank slate ready for its next chapter. Don't miss this rare opportunity to create something special!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Roof: Tar
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bathrooms: 1
- 1/2 bathrooms: 1
Features
- Finished area above ground: 1,440
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
Property
Details
- Parcel number: 0907020009
- Lease amount: 0
Features
- Frontage length: 0
Lot
- Lot size: 0.37 Acres
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
- Heat Wave
- Cold Wave
- Earthquake
- Strong Wind
- Tornado
- Winter Weather
- Hail
- Inland Flooding
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $278 | $3,336 |
| Home Insurance * | $204 | $2,448 |
| Property Taxes | $65 | $780 |
| Electricity | $130 | $1,569 |
| Total | $677 | $8,124 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $47,900 |
| 2026-07-29 | Price change | $55,000 |
| 2026-07-20 | Listed for sale | $68,000 |
View on Zillow