306 W Prairie St, Jerseyville, IL, 62052
About This Home
Historic Character • Income Potential • Possible Owner Financing Unlock the potential of this spacious historic home filled with original charm and endless possibilities. Featuring beautiful woodwork, original doors, vintage hardware, tall ceilings, and decorative trim, this property offers the character that today’s buyers are searching for. The home is ready for restoration and cosmetic updates, providing an excellent opportunity to build equity while preserving its historic appeal. Recent improvements include new electrical panels with updated breakers, and the property is already equipped with multiple electric meters and breaker panels, making it an excellent candidate for conversion into up to three separate living units (subject to local zoning and municipal approval). Ideal for investors or owner-occupants, you could live in one unit while generating rental income from the upstairs apartment and the rear studio (“Cubby”), or maximize the property’s full income-producing potential. Enjoy scenic views of the city and water tower, all within just a few blocks of the downtown business district, where shopping, dining, and local amenities are easily accessible. Whether you’re looking for your next renovation project, a multi-unit investment opportunity, or a chance to restore a beautiful piece of history, this property offers exceptional upside at an attractive price. Possible owner financing available for qualified buyers.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1880
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 1
Features
- Finished area above ground: 2,147
Heating & Cooling
- Heating features: None
- Cooling features: Other
Interior Area
- Total interior livable area: 2,147 sqft
Property
Details
- Parcel number: 0476400950
- Special condition: Listing As Is
Features
- Levels: Two
Lot
- Lot size: 7,100 sqft
- Features: Back Yard
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
- Lightning
- Strong Wind
- Tornado
- Earthquake
- Hail
- Inland Flooding
- Winter Weather
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 | $500 | $6,000 |
| Home Insurance * | $107 | $1,284 |
| Property Taxes | $130 | $1,560 |
| Electricity | $165 | $1,981 |
| Total | $902 | $10,824 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-07 | Listed for sale | $99,000 |
| 2022-09-23 | Listing removed | -- |
| 2022-06-10 | Listed for sale | $99,900 |
| 2021-06-27 | Listing removed | -- |
| 2021-06-01 | Pending sale | $45,000 |
| 2021-05-27 | Listed for sale | $45,000 |
| 2021-03-19 | Sold | $8,000 |
| 2021-02-23 | Pending sale | $12,000 |
| 2020-08-25 | Price change | $12,000 |
| 2019-03-06 | Listed for sale | $19,900 |
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