116 E  South St, Loraine, IL 62349
Property image
Property image
OFF MARKET

$46,900

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,047 sqft (on 0.39 acres)

116 E South St, Loraine, IL 62349

Est. Refi. Payment $389/mo*
Refinance Your Home

Home Value

Trulia Estimate
$46.9K
Since last month
Decreased$2K (-3.1%)
Since last year
Decreased$30K (-39.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -11% in the last 10 years
MonthEstimated value
2026
September 2026$46K
August 2026$48K
July 2026$60K
June 2026$60K
May 2026$68K
April 2026$56K
March 2026$55K
February 2026$54K
January 2026$67K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.28
Single-Family Home
$47,500
02/09/26
3
1
1,062
0.16
Single-Family Home
$125,000
05/15/26
2
1
1,745
0.02
Single-Family Home
$64,900
07/31/26
3
2
1,326
0.25
Single-Family Home
$165,000
10/15/25
4
2
2,100
0.15
Single-Family Home
$80,000
07/17/26
2
1.5
1,300
1.45
Single-Family Home
$255,000
01/30/26
4
3
1,650
0.44
Single-Family Home
$1,000
07/08/26
-
-
3.03
Single-Family Home
$213,500
09/02/26
3
2
1,950
2.90
Single-Family Home
$519,000
10/15/25
3
3.5
2,321
2.81
Single-Family Home
$408,000
07/28/26
6
4
4,408

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$64,900
3
2
1,326
Recently Sold
0.16
$125,000
2
1
1,745
Recently Sold
0.15
$80,000
2
1.5
1,300
Recently Sold
0.18
$149,700
3
1
1,000
Off Market
0.18
$231,900
4
2.5
1,860
Off Market
0.23
-
2
1
1,300
Off Market
0.25
$168,500
4
2
2,100
Off Market
0.23
$110,300
2
1
923
Off Market
0.27
$239,300
1
3
-
Off Market
0.29
$180,100
3
1.5
1,339
Off Market
0.28
$47,500
3
1
1,062
Recently Sold
0.31
$88,000
2
1
949
Foreclosure

Local Information

  • Map ViewExplore the area around 116 E South St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1990
0.39 acre lot
1,047 sqft
$45/sqft

About this House

Home is a log cabin with large open main floor with bedroom. Full basement. Detached garage. New metal roof in 2019
116 E South St, Loraine, IL 62349 is a 2 bedroom, 1 bathroom, 1,047 sqft single-family home built in 1990. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $46,900, with a rent estimate of $1,057/month.

Home Details for 116 E South St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: MetalDeckPorch
Parking & Garage
Parking Space: 1

Property Information

Year Built
Year Built: 1990
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.39 acres

Price and Tax history

DateEventPrice
Mar 2, 2020
Source: Agent Provided
ListingRemoved
$49,000
Feb 21, 2020
Source: Agent Provided
Listed For Sale
$49,000

Market trends in Loraine

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
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Sale-to-List Price
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Available listings
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LGBTQ Local Legal Protections

Frequently asked questions about 116 E South St

  • What is 116 E South St estimated to be worth?
    Trulia's estimated value for 116 E South St in Loraine, IL is $46,900.
  • Is Loraine a buyer's or seller's market?
    Loraine is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 116 E South St?
    The closest schools to 116 E South St in Loraine, IL are Mendon Elementary School (Pre-K, rated 8/10), Unity High School (rated 6/10), Unity Middle School (Elementary, rated 7/10).
  • How big is the lot at 116 E South St?
    The lot at 116 E South St in Loraine, IL is about 0.39 acres (16,988 sq ft).
  • Does 116 E South St have parking?
    Yes, 116 E South St in Loraine, IL has on-site parking.

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