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306 W Prairie Street, Jerseyville, IL, 62052

Historic Character • Income Potential • Possible Owner Financing Unlock the potential of this spacious historic home filled with original charm and endless possibilities. Featuring beautiful woodwork, original doors, vintage hardware, tall ceilings, and decorative trim, this property offers the character that today’s buyers are searching for. The home is ready for restoration and cosmetic updates, providing an excellent opportunity to build equity while preserving its historic appeal. Recent improvements include new electrical panels with updated breakers, and the property is already equipped with multiple electric meters and breaker panels, making it an excellent candidate for conversion into up to three separate living units (subject to local zoning and municipal approval). Ideal for investors or owner-occupants, you could live in one unit while generating rental income from the upstairs apartment and the rear studio (“Cubby”), or maximize the property’s full income-producing potential. Enjoy scenic views of the city and water tower, all within just a few blocks of the downtown business district, where shopping, dining, and local amenities are easily accessible. Whether you’re looking for your next renovation project, a multi-unit investment opportunity, or a chance to restore a beautiful piece of history, this property offers exceptional upside at an attractive price. Possible owner financing available for qualified buyers.

Subdivision: Lott & Daileys Add

List Price

$ 49,000

Status

Active

Days on market

0

MLS#

26042669

Bedrooms

5

Full baths

3

Subdivision

Lott & Daileys Add

School District

Jersey DIST 100

County

Jersey-IL

Property Type

Residential

Style

Traditional

Type

Residential

Additional Information

Property Tax (2024)

$2,866

Recent Nearby Sales in 62052

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
509 Fremont Street, Jerseyville, IL 62052 2/1 1,008 $95,500 $95,000
99.5% of ask
Sep 10, 2026
308 N Hill Street, Jerseyville, IL 62052 3/3 2,254 $229,000 $229,000
100% of ask
Sep 9, 2026
1101 Walnut Street, Jerseyville, IL 62052 3/3 2,442 $290,000 $300,000
103.4% of ask
Sep 8, 2026
303 W Hickory Street, Jerseyville, IL 62052 2/1 1,333 $95,000 $95,000
100% of ask
Sep 8, 2026
19383 Dabbs North Road, Jerseyville, IL 62052 4/4 2,582 $650,000 $630,000
96.9% of ask
Sep 4, 2026
200 Hartcourt Avenue, Jerseyville, IL 62052 2/3 1,395 $225,000 $225,000
100% of ask
Sep 4, 2026

Price & Listing History

Listed for sale
Jul 7, 2026 at $99,000
Price reduced by $50,000 (50.5%)
From $99,000 to $49,000
Current status: Active
As of Sep 3, 2026 · $49,000

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