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David Palmer
Broker
REALTOR®, SRES, e-Pro
(815) 566-2437

314 W Madison Street, Elizabeth, IL 61028

$159,900
  • 314 W Madison Street, Elizabeth, IL 61028 Main Photo
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Featured Listing New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,924 MLS#202605735
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLOther/Outside Area

Property Description

Character, space, and opportunity come together in this 1946 brick ranch offering about 2,000 square feet of living space. Original hardwood floors, wood trim, and a brick fireplace preserve much of the home's original character, while the distinctive covered front porch features beautiful brick archways. The full walkout basement provides extensive storage and flexible-use space, along with a full bath in need of renovation and integrated two-car tandem garage. A new furnace has recently been installed, and plumbing repairs have been completed. Situated on a corner lot across from the park and near downtown Elizabeth, the property offers a convenient location with minimal yard maintenance. The home retains its vintage character while offering plenty of opportunity to update and personalize over time.

314 W Madison Street | MLS# 202605735

This single family home located at 314 W Madison Street, Elizabeth, IL 61028 is currently listed for sale by Gambino Realtors, with an asking price of $159,900. This property has 3 bedrooms and 2 full baths with 1924 sq. ft. W Madison Street is located within the Other/Outside Area school district. Search Elizabeth real estate on dpalmer.gogambino.com today.

Listing Video

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Air
Fireplaces: 1
Garage: 2
Heating: Forced Air
Home Style: Ranch
Lot Size: 0.22 Acres
Roof Type: Shingle
Taxes: $3,459

Appliances

Dishwasher
Refrigerator
Stove/Cooktop

Feature Descriptions

Basement: Full
Exterior: Brick/Stone
General Features: Basement Entrance, Main Floor Primary, Partial Exposure, Porch Covered
Land features: City/Town
Sewer: City/Community
Water: City/Community

Room Sizes

Bedroom 1: 11.5 X 15.3 Level - Main
Bedroom 2: 10.8 X 15.3 Level - Main
Bedroom 3: 13.10 X 15.3 Level - Main
Kitchen: 8.7 X 24.10 Level - Main
Living Room: 22.6 X 15.1 Level - Main
Dining Room: 13.7 X 16.4 Level - Main
BrkfstNook: 7.10 X 8.9 Level - Main

Local Schools

School District: Other/Outside Area

Listed By / Shown By

Listed By

Agency Name: Gambino Realtors

agent picture

Shown By

Agent Name: David Palmer
Agent Phone: (815) 566-2437

Estimate Your Payment

Estimated Payment

$ 1,061.20 per month $726.32 Principal & Interest $288.25 Property Tax $46.64 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 09/10/2026. The listing information on this page last changed on 09/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/10/2026 12:02:42 AM EST) or MRED MLS (last updated Wed 09/09/2026 11:58:05 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 09/09/2026 10:18:18 PM EST) or Northern Illinois Commercial Association Realtors (last updated Wed 09/09/2026 2:10:07 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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