# 501 W. Market Street, Palestine, IL 62451

> **TL;DR:** 2bd/1ba single family, $247,900 ($277/sqft), built 1978, 896 sqft. Est. $1,074/mo. Listed 3 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $247,900 |
| Price/sqft | $277 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Square Feet | 896 |
| Year Built | 1978 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 3 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,074 |
| **Total** | **$1,074** |

## Property Highlights

- Built in 1978

## Description

### Agent Description
Built 1978    Apartment Above 2 Car Garage    Aprox. 896 Sq Ft.    Open Concept Kitchen/Breakfast Bar/Living Room    Newer Dishwasher, Range, Refrigerator Stays with Home    Laminate Flooring 31'5" x 13'5"    Master Bedroom 13'6" x 10'1" Carpet, 2 Closets    Bedroom #2 13'6" x 9'10" Closet, Carpet    Bathroom Vinyl Floor, Vanity, Tub/Shower 10'1"x4'10"    Linen Closet in Hall    Washer/Dryer Hookups in Garage    All Electric Apartment and Garage    10'x12' Deck with Patio Doors         Apartment has a 1 year lease tenate pays $700 a month that inc ludes utilities. Tenant has the right to cancel lease before a year if they choose with no fees or rent for unused tem of lease, as if it was a month to month rent.

## Location

- **Address:** 501 W. Market Street, Palestine, IL 62451
- **Coordinates:** 39.002782, -87.618427
- **Google Maps:** https://www.google.com/maps?q=39.002782,-87.618427

## Listing Agent

- **Name:** Cheryl Osborn
- **Brokerage:** Parrott Marketing Group, LLC
- **Phone:** 8122190166
- **Email:** chayden7492@gmail.com

## Primary Photo

![501 W. Market Street - Primary Photo](http://lh.rdcpix.com/0e51b4abf4f75dc98b847cb3a3c9582fl-f4274149486r.jpg)

*28 total photos available on [listing page](https://www.propertysimple.com/listing/501-w-market-street-palestine-il-62451-11798730)*

---

**MLS#:** 11798730 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/501-w-market-street-palestine-il-62451-11798730)

---

## Structured Data

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  "name": "501 W. Market Street, Palestine, IL 62451",
  "description": "Built 1978    Apartment Above 2 Car Garage    Aprox. 896 Sq Ft.    Open Concept Kitchen/Breakfast Bar/Living Room    Newer Dishwasher, Range, Refrigerator Stays with Home    Laminate Flooring 31'5" x 13'5"    Master Bedroom 13'6" x 10'1" Carpet, 2 Closets    Bedroom #2 13'6" x 9'10" Closet, Carpet    Bathroom Vinyl Floor, Vanity, Tub/Shower 10'1"x4'10"    Linen Closet in Hall    Washer/Dryer Hookups in Garage    All Electric Apartment and Garage    10'x12'",
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```