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140 S 4th Street , Albion, IL 62806.
Value-add opportunity in the heart of Albion! Welcome to 140 S 4th St, a 3-bedroom, one and a half bath home with additional potential and plenty of character. Built in 1960, this property is ideal for an owner-occupant looking to build equity through updates or an investor seeking a home with strong upside after renovation. The main floor features two bedrooms, one full bathroom, a spacious living/dining area, and an eat-in kitchen with generous cabinet storage. The home offers charming architectural details throughout, including hardwood floors, wood trim, arched openings, built-ins, unique ceiling lines, and warm second-floor wood paneling that gives the property character you do not often find in newer homes. Upstairs, you will find a flexible bonus room that could serve as a family room, playroom, office, hobby space, or additional lounge area, along with a third bedroom. The full unfinished basement provides extra storage and utility space, plus a below-grade half bathroom that is waiting to be finished, adding even more future functionality. Outside, the property includes a detached 2.5-car garage with plenty of room for parking, storage, tools, or workshop use. The corner lot is over a quarter of an acre, giving the home a comfortable yard and usable outdoor space. Located near the main part of Albion, this property offers convenient access to local shops, services, schools, community amenities, and the small-town charm that makes Albion a desirable place to call home. This home is being sold as-is and is ready for its next owner to bring vision, updates, and TLC. Whether you are looking for a personal home with equity potential or your next investment project, this diamond in the rough is definitely worth a look.
MLS ID: 12706292
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140 S 4th Street , Albion, IL 62806.

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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $69,900 | $69,900 | $69,900 |
| Down Payment | $13,980 | $2,447 | $17,475 |
| Monthly Mortgage Amount | $344 | $423 | $432 |
| Taxes | $97 | $97 | $97 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $31 | $0 |
| Monthly Estimated Total | $541 | $651 | $629 |
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