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$94,900
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Property Description
Charming 3BR, 1BA home just steps from Peter's Park-famous for its baseball fields and community events. Built in 1996, this home features a bright open living area, freshly painted interior, and key updates including HVAC, water heater, stove, and refrigerator all new in 2018. Enjoy small-town living. Reasonable flood insurance rates on this property. Seller is also offering a rate buy down or closing cost assistance.
Full Property Details
Full Property Details for 557 N 5th St
General
- Price: $94,900
- Taxes: $2,611 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12445068
- Updated: 10/6/2025
- Added to Site: 156 day(s) ago
Interior
- Basement: Crawl Spac
- Appliances: Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Cable TV, Ceiling Fan(s)
- Other Features: Flood Zone
Parking
- Total Spaces: 3
- Parking Features: Gravel, Driveway, On Site, Owned
- Parking On-Site: Yes
Location
- Area: Watseka
- County: Iroquois
- Township: Middleport
- Driving Directions: North on 5th St. from Walnut or main street in Watseka to home - several blocks to end of 5th St. House is last house on West side of 5th st. before Sheridan.
School Information
- School District: 9
- Elem School District: 9
- Midd School District: 9
- High School District: 9
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: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Foundation: Block
- Roof: Asphalt
- Square Feet: 1,344
- Sq. Ft. Source: Assessor
- Year Built: 1996
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 64 x 140
- Lot Features: Corner Lot
- Zoning: SINGL
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1996
- Tax Amount: $2,611.94
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 19322780150000
Listed by Village Realty Inc
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Schools
Schools serving 557 N 5th St
School District:Iroquois County Community Unit School District 9
| Name | Grades | Distance |
|---|---|---|
Nettie Davis Elementary School 495 North 4th Street, Watseka, IL 60970 | PK-1 | 0.1 mi |
Wanda Kendall Elementary School 535 East Porter Avenue, Watseka, IL 60970 | 2-4 | 1 mi |
Watseka Junior High School 138 South Belmont Avenue, Watseka, IL 60970 | 5-8 | 0.8 mi |
Watseka Community High School 138 South Belmont Avenue, Watseka, IL 60970 | 9-12 | 0.8 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 557 N 5th St
Date
Details
Price
Change
Source
9/30/2025
Price Reduced
$94,900
-5.01%
MLS
9/13/2025
Price Reduced
$99,900
-3.85%
MLS
8/23/2025
Price Reduced
$103,900
-4.59%
MLS
8/13/2025
Listed
$108,900
67.54%
MLS
6/21/2023
Sold
$65,000
—
Public Record
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
Tax History for 557 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,612
7%
$31,700
9%
2023
$2,439
28%
$29,080
19%
2022
$1,899
-4%
$24,390
3%
2021
$1,973
-9%
$23,660
-6%
2020
$2,172
—
$25,300
3%
2020
$2,172
5%
$24,470
3%
2019
$2,069
3%
$23,830
2%
2017
$2,010
-1%
$23,410
—
2016
$2,038
6%
$23,410
1%
2014
$1,925
—
$23,120
—
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 557 N 5th St
557 N 5th Street, Watseka, IL 60970 (MLS# 12445068) is a Single Family property with 3 bedrooms and 1 full bathroom. 557 N 5th Street is currently listed for $94,900 and was received on August 13, 2025. Want to learn more about 557 N 5th Street? Do you have questions about finding other Single Family real estate for sale in Watseka? You can browse all Watseka real estate or contact a Coldwell Banker agent to request more information.

