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202 N Madison St, Washburn, IL, 61570

2beds
1baths
1,088sqft
$32,000
$29price/sqft
$376/moest. monthly cost
$15,040/yrincome needed

About This Home

Welcome to 202 N Madison Street in Washburn! This charming property offers small-town living with convenient access to local schools, parks, and amenities. Situated on a spacious lot, the home provides plenty of outdoor space for gardening, entertaining, or simply enjoying the peaceful surroundings. Inside, you’ll find a functional layout with comfortable living areas and endless potential to make it your own. Whether you’re a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this property is one you won’t want to miss.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1922

Materials

  • Roof: Shingle
  • Construction materials: Frame,Asbestos

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Cellar,Crawl Space

Bedroom1

  • Level: Main
  • Dimensions: 15ft 8in x 13ft 1in

Bedroom2

  • Level: Main
  • Dimensions: 15ft 0in x 8ft 0in

Bedrooms & Bathrooms

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

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 1,088
  • Total interior livable area: 1,088 sqft

Kitchen

  • Level: Main
  • Dimensions: 13ft 2in x 15ft 4in

Laundry

  • Level: Main
  • Dimensions: 14ft 0in x 15ft 4in

Living Room

  • Level: Main
  • Dimensions: 21ft 2in x 15ft 1in

Main Level

  • Area: 1088

Property

Details

  • Parcel number: 0301109002

Lot

  • Features: Corner Lot
  • Lot size dimensions: 60 x 177 x 154 x 1478

Parking

  • Total spaces: 1
  • Parking features: Detached,Gravel
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Drought
Inland Flooding
Strong Wind
Tornado
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 $161$1,932
Home Insurance *$35$420
Property Taxes $50$600
Electricity $130$1,569
Total$376$4,512
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$12,891/yr
40% on housing$11,280/yr
45% on housing$10,026/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: 12.7%
12.7%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -3.2%
-3.2%
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 61570$159
Woodford County$114

vs Homes Sold Last Month

Median $/sqft

ZIP 61570$91
Woodford County$97

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
2026-06-18Listed for sale$32,000

For Sale by Agent

AgentAndrew Santiago
BrokerageJim Maloof Realty, Inc.

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