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509 Pearl Street, Godfrey, IL, 62035

*CHECK OUT THE NEW VIRTUAL PHOTOS!* This adorable one-bedroom, one-bath cottage is ready to be reimagined and brought back to life as a cozy home full of character. It offers a unique opportunity for someone with vision to create a space that truly feels like their own. The home has been used commercially in recent years, so it will need some updates — including the addition of a functional kitchen — but that also means you have a blank canvas to design it exactly how you’d like. Out back, the paved parking area opens up all kinds of possibilities. Whether you’ve been dreaming of adding a detached garage, workshop, or simply a covered carport, this space gives you the flexibility to make it happen. This property could make a wonderful full time residence, a low maintenance second home, or even a part time retreat. And for those thinking a little outside the box, there may also be potential for future commercial use with the appropriate approvals. Pre-approved Buyers only please, with local financing preferred. Property is being sold “as is” and Seller will not provide occupancy. If you’re looking for something with charm, potential, and room to personalize, this one is definitely worth a closer look. (This is a duplicate listing of MLS #26011795)

Subdivision: Squires Add

List Price

$ 115,000

Status

Active Under Contract

Days on market

0

MLS#

26028173

Bedrooms

1

Full baths

1

Subdivision

Squires Add

School District

Alton DIST 11

County

Madison-IL

Property Type

Residential

Style

Bungalow

Type

Residential

Additional Information

Property Tax (2024)

$1,540

Recent Nearby Sales in 62035

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
4911 Westmont Avenue, Godfrey, IL 62035 4/3 1,288 $315,000 $310,000
98.4% of ask
Sep 4, 2026
5017 River Aire Drive, 3, Godfrey, IL 62035 2/2 1,020 $176,900 $176,900
100% of ask
Sep 4, 2026
5220 Foxglove Lane, Godfrey, IL 62035 3/4 2,161 $529,900 $529,900
100% of ask
Sep 3, 2026
2720 Grovelin Street, D, Godfrey, IL 62035 0/0 -- $140,000 $125,000
89.3% of ask
Sep 1, 2026
608 Saint Rose Drive, Godfrey, IL 62035 4/3 1,460 $259,900 $259,900
100% of ask
Aug 28, 2026
2001 River Aire Court Court, Godfrey, IL 62035 4/4 2,211 $281,900 $285,000
101.1% of ask
Aug 28, 2026

Price & Listing History

Listed for sale
May 8, 2026 at $128,500
Price reduced by $13,500 (10.5%)
From $128,500 to $115,000
Current status: Active Under Contract
As of Aug 31, 2026 · $115,000

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Room Dimensions

Room Type

Living Room

Room Dimensions

15x11

Kitchen

15x12

Bedroom

11x10

Bathroom

9x6

Office

9x7