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408 E 1st Street, Ramsey, IL, 62080

Looking for your next project? This could be the opportunity you've been waiting for! Built in 1977, this 3-bedroom, 1-bathroom home offers 1,184 square feet of potential and is ready for someone to bring it back to life. Included with the sale is the additional lot next door, giving you just over a half-acre of space with plenty of room to expand, garden, or simply enjoy extra privacy. While the home does need repairs and updates, it offers a solid opportunity for an investor, handyman, or buyer looking to create their own space. This bank-owned property is being sold strictly as-is. Don’t miss your chance to unlock the potential this property has to offer! Get in touch today to see if you could make this one all your own! Cash or conventional loan buyers only.

Subdivision: Reiss Th Ird Sub

List Price

$ 74,000

Status

Active

Days on market

0

MLS#

26031978

Bedrooms

3

Full baths

1

Sq. Ft. Above

1,184

Subdivision

Reiss Th Ird Sub

School District

RAMSEY DIST 204

County

Fayette

Property Type

Residential

Style

Ranch

Type

Residential

Additional Information

Property Tax (2024)

$1,495

Recent Nearby Sales in 62080

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
519 S Madison Street, Ramsey, IL 62080 3/2 1,600 $139,500 $133,000
95.3% of ask
Aug 20, 2026
337 E 1st Street, Ramsey, IL 62080 3/2 1,424 $87,500 $104,000
118.9% of ask
Jul 17, 2026
9 WOOD DUCK DRIVE, Ramsey, IL 62080 0/0 -- $20,000 $15,500
77.5% of ask
May 18, 2026
694 E 2735 Avenue, Ramsey, IL 62080 3/3 1,440 $275,000 $260,000
94.5% of ask
Mar 4, 2026
9 WOOD DUCK DRIVE, Ramsey, IL 62080 0/0 -- $20,000 $16,000
80% of ask
Feb 9, 2026
299 E 3050 Avenue, Ramsey, IL 62080 3/2 1,716 $182,000 $168,500
92.6% of ask
Jan 8, 2026

Price & Listing History

Listed for sale
May 22, 2026 at $74,000
Current status: Active
As of Aug 21, 2026 · $74,000

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