About This Home

This 3-bedroom, 2-bathroom single family at 314 W Madison Street in Elizabeth, IL is listed for $149,900 ($78 per sqft). Built in 1946, the home offers 1,924 sqft of living space on a 0.22 acres lot.

Key Features

  • Built in 1946
  • 0.22 acre lot
  • Fireplace

Property Details

2 full
2-car garage
1946

Amenities

FireplaceA/C
Listing Description

Character, space, and opportunity come together in this 1946 brick ranch offering about 2,000 square feet of living space. Original hardwood floors, wood trim, and a brick fireplace preserve much of the home's original character, while the distinctive covered front porch features beautiful brick archways.

The full walkout basement provides extensive storage and flexible-use space, along with a full bath in need of renovation and integrated two-car tandem garage. A new furnace has recently been installed, and plumbing repairs have been completed. Situated on a corner lot across from the park and near downtown Elizabeth, the property offers a convenient location with minimal yard maintenance.

The home retains its vintage character while offering plenty of opportunity to update and personalize over time. Sold As Is. Some photos virtually staged.

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

314 W Madison Street

Elizabeth, IL 61028

Features & Amenities

Interior Features

Attic Storage

Property Details

Parking

Tandem

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherRefrigeratorStove/Cooktop

Questions & Answers

This 3-bedroom, 2-bathroom single family at 314 W Madison Street is listed at $149,900 ($78/sqft). The estimated monthly payment is $802 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1946, 0.22 acre lot, Fireplace. Interior Features: Attic Storage.

This property is listed by Margaret Bowen.

MB

Margaret Bowen

Agent at Gambino Realtors

Listed by Gambino Realtors · Broker phone: (815) 637-0101 · View on Broker Site · Broker website

MLS# 202605735· Source: NorthWest Illinois Alliance of REALTORS· 51 days on PropertySimple

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

314 W Madison Street, Elizabeth, IL 61028

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