413 S Main Loraine, IL ^$ 50,000

413 S Main

^$ 50,000

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413 S Main

Loraine, IL, 62349

^$ 50,000

Bedrooms3 Baths1.0 Sq 1,062

Monthly Estimate*

^$ 312

Single Family Home for sale in Loraine, IL

for $50,000 with 3 bedrooms and 1 full bath. This 1,062 square foot home was built in 1950 on a lot size of 0.4.

Home has a nice double lot. Alley access with large, detached garage. Main floor laundry. Updated bathroom in past 4 years.

Single Family Active

Price

^$ 50,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,942

Style

Lot Size

0.4

Year Built

1950

Town/City

Loraine

County/Region

Adams

MLS | Web ID

12509331

Features

General

Living Area 1062

Heating Forced Air Natural Gas

Cooling Central Air

Possession Closing

Roof Asphalt

Appliances Range Refrigerator

Zoning OTHER

Garage Spaces 2

Construction Materials Vinyl Siding

Year Built 1950

Tax Year 2024

County Adams

New Construction N

Property Type Residential Detached Single

Full Baths 1

Status Active

Directions North on I72 to Loraine take first exit at gas station then left on Mitchell Ave park in alley

High School Unity

City Loraine

MLS Area Loraine

Elementary School Unity

Tax Annual Amount 1942

Standard Status Active

Interior

Basement Unfinished Full

Half Baths 0

Laundry Features Main Level

Total Bedrooms 3

Below Grade Finished Area 0

Total Baths 1

Bedrooms Possible 3

Exterior

Parking Features Detached Alley Access Garage

Water Source Public

Total Parking 2

Lot Dimensions 120x146

Lot Size Acres 0.4

Other Equipment Ceiling Fan(s) Water Heater-Electric Internet-Fiber

* Excluded Features

List By

Bower & Associates, Inc., Realtors

Broker

carol@bowerrealtors.com

Affordability Calculator

$474

Per Month

Monthly Principal & Interest: $312
Monthly Property Taxes: $162
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Loraine, IL

Average List Price ^$95,000

Percent of Sale Price 90%

About Loraine, IL

254 Population

-6% Since 2002

^$46,452 Median Income

50.89 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4942145 Elementary School

4942109 Middle School

Unity High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/2/2025	$50,000		Listed Price

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413 S Main, Loraine, IL, 62349 is a Single Family Home for sale at $50,000 with 1,062 sqft and a lot size of 0.4. 413 S Main has 3 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 62349 which is in Loraine, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/6/2025.

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413 S Main

Single Family Home for sale in Loraine, IL

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