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$50,000 Sale Pending
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Property Description
First-Time Buyers - Don't Overlook This Opportunity! Don't let a home that needs updating scare you away-and don't let your Realtor forget to tell you about the 203K loan Instead of offering more for a fully renovated home designed around someone else's taste, a 203K may allow qualified buyers to purchase a home AND finance eligible renovations through the same mortgage for a cheaper price than moving into a turn key property! That means you may be able to buy this home at a more affordable price and transform it into YOUR home, YOUR kitchen, YOUR flooring, YOUR bathroom, YOUR colors, and YOUR style! Why offer more for someone else's renovation when you may be able to create exactly what you want??? Welcome to an opportunity property packed with potential for the buyer ready to bring their vision to life! This home offers a spacious layout, original hardwood flooring in several areas, a full basement providing plenty of additional storage and workspace, and an existing forced-air heating system. The property is ready for renovation, making it an excellent option for an investor, rehabber, or buyer looking to customize a home from the ground up. Conveniently located near everyday essentials and local favorites, you'll be able to enjoy shopping, dining, recreation, and services within easy reach. Bring your ideas and unlock the possibilities of this property before it's too late! With the right improvements, this property offers a chance to create something truly special. Schedule your showing and see the potential for yourself!
Full Property Details
Full Property Details for 507 S 2nd St
General
- Price: $50,000
- Taxes: $1,240 (2025)
- Status: Pending
- Type: Single Family
- Source: MRED
- MLS ID: 12740082
- Updated: 9/10/2026
- Added to Site: 30 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Location
- Area: Benld
- County: Macoupin
- Township: Cahokia
- Driving Directions: Latitude: 39.088606 | Longitude: -89.804587
School Information
- School District: 7
- Elem School District: 7
- Midd School District: 7
- High School District: 7
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Stucco
- Exterior Const.: Stucco
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Square Feet: 1,900
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 1945
- Built Before 1978: Yes
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 100 x 135
Financial Considerations
- Assessment Year: 1945
- Tax Amount: $1,240
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 3002231000000
Listed by EPIQUE Realty
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Schools
Schools serving 507 S 2nd St
School District:Gillespie Community Unit School District 7
| Name | Grades | Distance |
|---|---|---|
Benld Elementary School 340 Kelly Street, Gillespie, IL 62033 | PK-5 | 3 mi |
Gillespie Middle School 412 Oregon Street, Gillespie, IL 62033 | 6-8 | 3 mi |
Gillespie High School 612 Broadway Street, Gillespie, IL 62033 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 507 S 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,240
—
$26,013
7%
2025
$1,240
12%
$24,312
8%
2023
$1,112
5%
$22,511
7%
2022
$1,063
4%
$21,039
-18%
2021
$1,024
—
$25,577
2%
2021
$1,024
2%
$25,183
37%
2020
$1,003
-8%
$18,359
3%
2019
$1,095
—
$17,825
4%
2018
$1,090
-2%
$17,107
—
2017
$1,111
-2%
$17,107
—
2015
$1,134
—
$17,107
—
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 S 2nd St
507 S 2nd Street, Benld, IL 62009 (MLS# 12740082) is a Single Family property with 5 bedrooms, 1 full bathroom and 1 partial bathroom. 507 S 2nd Street is currently listed for $50,000 and was received on August 22, 2026. Want to learn more about 507 S 2nd Street? Do you have questions about finding other Single Family real estate for sale in Benld? You can browse all Benld real estate or contact a Coldwell Banker agent to request more information.
