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$118,500

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 560 Sq. Ft.
See This Home
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See This Home
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Stop Renting - Start Owning! Fully Renovated 2 Bed / 1 Bath Ranch in Quiet Forrest Neighborhood Why rent when you can own for less? This beautifully updated ranch makes homeownership easy, affordable, and worry-free. Perfect for first-time buyers, downsizers, or anyone ready to be a homeowner. Step inside and be amazed - this cozy yet open 2-bedroom home feels much larger than its size! Every inch has been completely redone, featuring brand-new roof, siding, windows, HVAC, electrical, plumbing, insulation, floors, and fixtures. You'll also enjoy stainless steel appliances and a layout designed for simple, modern living. The spacious backyard offers room for pets, play, gardening, or weekend get-togethers, while the shady front porch is perfect for relaxing evenings. With low taxes, low utilities, and nothing left to fix, this home is a smart investment and a rare find! Move-in ready. Maintenance-free. Affordable. Don't miss this gem. Contact your agent to schedule a showing today! Motivated seller!!

Full Property Details for 306 E Martin St

General

  • Price: $118,500
  • Taxes: $491 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12487563
  • Updated: 11/27/2025
  • Added to Site: 103 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Parking

  • Total Spaces: 2
  • Parking Features: Yes

Location

  • Area: Forrest
  • County: Livingston
  • Township: Forrest
  • Subdivision: Not Applicable
  • Driving Directions: From Route 47, turn east on Martin St., drive 3 blocks; house is on south side of road

School Information

  • School District: 8
  • Elem School District: 8
  • Midd School District: 8
  • High School District: 8
  • Elementary School: Prairie Central Upper Elementary
  • Middle School: Prairie Central Jr High
  • High School: Prairie Central High School
  • Private School: Prairie Central High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Partial
  • Square Feet: 560
  • Sq. Ft. Source: Assessor
  • Year Built: 1894
  • Built Before 1978: Yes
  • Remodeled/Updated: 2024

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 32 x 132

Financial Considerations

  • Assessment Year: 1894
  • Tax Amount: $491
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 262603306002

Listed by Palen Real Estate

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— 306 E Martin St —

  • Palen Real Estate

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NMLS#: 1598647

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Schools serving 306 E Martin St

School District:Prairie Central Community Unit School District 8
NameGradesDistance
Prairie Central High School
411 North 7th Street, Fairbury, IL 61739
9-125.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 306 E Martin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/21/2025
Price Reduced
$118,500
-1.25%
MLS
10/30/2025
Price Reduced
$120,000
-11.11%
MLS
10/06/2025
Listed
$135,000
800%
MLS
4/01/2024
Sold
$15,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 306 E Martin St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$491
100%
$5,341
14%
2023
100%
$4,685
37%
2022
100%
$3,417
6%
2021
100%
$3,212
—
2020
100%
$3,212
-3%
2019
100%
$3,312
1%
2018
100%
$3,271
5%
2017
-100%
$3,115
—
2010
$5
—
$3,115
-4%
2010
$5
—
$3,245
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Palen Real Estate

306 E Martin Street, Forrest, IL 61741 (MLS# 12487563) is a Single Family property with 2 bedrooms and 1 full bathroom. 306 E Martin Street is currently listed for $118,500 and was received on October 06, 2025. Want to learn more about 306 E Martin Street? Do you have questions about finding other Single Family real estate for sale in Forrest? You can browse all Forrest real estate or contact a Coldwell Banker agent to request more information.

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