Date
Details
Price
Change
Source
10/08/2026
Listed
$115,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Welcome to small-town living at its finest! Situated on a generous lot in Chenoa, this completely updated 2-bedroom, 1-bath home offers effortless main-floor living with all the heavy lifting already done for you. Step inside to find spacious rooms featuring brand-new LVP flooring throughout. The refreshed kitchen boasts new soft-close cabinetry, a new dishwasher, and a full suite of appliances that stay with the home. The bathroom has been modernized with a new vanity, sink, and toilet, while major behind-the-scenes upgrades provide true peace of mind-including mostly new wiring, new outlets and light switches, and a new 200-amp breaker panel. Outside, the spacious garage is ready for your projects and storage, complete with a 2024 metal roof, all-new interior sheeting, and its own new breaker box. Truly move-in ready from top to bottom!
Full Property Details
Full Property Details for 507 Commercial St
General
- Price: $115,000
- Taxes: $1,153 (2023)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12780296
- Updated: 10/8/2026
- Added to Site: 5 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Chenoa
- County: McLean
- Township: Chenoa
- Subdivision: Not Applicable
- Driving Directions: Turn right onto Cemetery Ave, turn left onto S Division St, turn right onto N Commercial St
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: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Square Feet: 824
- Sq. Ft. Source: Assessor
- Year Built: 1879
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.28
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 148 x 75
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1879
- Tax Amount: $1,153.92
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 301310009
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Schools
Schools serving 507 Commercial St
School District:Prairie Central Community Unit School District 8
| Name | Grades | Distance |
|---|---|---|
Prairie Central Primary West 700 South Division Street, Chenoa, IL 61726 | PK-1 | 0.6 mi |
Westview Elementary School, Fairbury, IL 600 South 1st Street, Fairbury, IL 61739 | 2-4 | 10.5 mi |
Prairie Central Jr High School 800 North Wood Street, Forrest, IL 61741 | 7-8 | 15.9 mi |
Prairie Central High School 411 North 7th Street, Fairbury, IL 61739 | 9-12 | 11.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 Commercial St
Tax History
Tax History for 507 Commercial St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,243
—
$14,620
11%
2024
$1,243
8%
$13,186
9%
2023
$1,154
10%
$12,114
9%
2021
$1,052
-4%
$11,086
-2%
2022
$1,094
9%
$11,345
10%
2020
$1,008
-3%
$10,308
—
2019
$1,035
—
$10,308
1%
2019
$1,035
-6%
$10,207
—
2018
$1,099
171%
$10,207
—
2017
$406
—
$10,207
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 507 Commercial St
507 Commercial Street, Chenoa, IL 61726 (MLS# 12780296) is a Single Family property with 2 bedrooms and 1 full bathroom. 507 Commercial Street is currently listed for $115,000 and was received on October 08, 2026. Want to learn more about 507 Commercial Street? Do you have questions about finding other Single Family real estate for sale in Chenoa? You can browse all Chenoa real estate or contact a Coldwell Banker agent to request more information.