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307 W Main Street, 
Tallula, IL 62688

$49,999

2

Beds

1

Bath

980

Sq Ft

Single Family

Pending

Listed by

Jeremy Hughes

Land & Home Real Estate

217-825-7527

Last updated:

April 25, 2026, 07:16 AM

MLS#

CA1042326

Source:

IL CAAR

About This Home

307 W Main Street

**Investment Opportunity in Tallula – PORTA School District** Looking for your next investment project or rental property? This small **fixer-upper located on the back side of Tallula on over an acre, offers great potential for the right buyer. Nestled on a quiet street in the very back of town, this property sits in the desirable PORTA School District, making it an attractive option for future renters or homeowners. The home features a simple layout with plenty of opportunity to renovate and add value. With some updates and repairs, this property could be transformed into an affordable starter home, a long-term rental, or a profitable flip. The lot offers room for outdoor space, parking, or future improvements. Whether you're an investor looking to expand your portfolio or a buyer ready to take on a project, this property provides **excellent potential at an affordable price point in a small-town setting. **Highlights:** * Located in the **PORTA School District** * Quiet location on the edge of town * Ideal **fixer-upper, rental, or flip opportunity** * Affordable investment potential * Small-town living with room to add value Bring your vision and make this property shine!

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1920

Price Summary

49,999

$51 per Sq. Ft.

MLS #:

CA1042326

Last Updated:

April 25, 2026, 07:16 AM

Added:

1 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

980 Sq. Ft.

Structure

Structure

Building Area:

980 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

51,836

Finances & Disclosures

Finances

Price:

$49,999

Price per Sq. Ft:

$51 per Sq. Ft.

Source:IL CAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.