120 E 5th St, Delavan, IL 61734
OFF MARKET

120 E 5th St
Delavan, IL 61734

  • Studio

$198,100

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $1,434/mo*
Refinance Your Home

$198,100

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $1,434/mo*
Refinance Your Home
Studio
(on 0.33 acres)

Local Information

  • Map ViewExplore the area around 120 E 5th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1945
Lot Size
0.33 acres

About this House

Incredible investment opportunity! Popular and profitable Restaurant/Tavern and Banquet Center in Great Delavan Community. Quick drive from Lincoln and Pekin. This awesome property is being sold with all articles of business and equipment! Won't last long!
120 E 5th St, Delavan, IL 61734 is a studio single-family home built in 1945. It last sold for $140,000 on Oct 4, 2023. It is currently off market. The Trulia Estimate is $198,100, with a rent estimate of $1,505/month.

Home Details for 120 E 5th St

Property Information

Year Built
Year Built: 1945
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.33 acres

Price History for 120 E 5th St

DatePriceEventSource
10/04/2023$140,000Sold
N/A

Market trends in Delavan

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
7
1MoM
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Property Tax and Assessment

Year2024
Tax$5,825
Assessment$198,870
Home facts updated by county records

Comparable Sales for 120 E 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
604 Elm St, Delavan, IL
0.19
Single-Family Home
$125,000
08/15/25
2
1
1,024
105 E 9th St, Delavan, IL
0.30
Single-Family Home
$147,900
12/23/25
3
2
1,304
107 S Spruce St, Delavan, IL
0.30
Single-Family Home
$142,000
08/22/25
3
2
1,926
401 W 4th St, Delavan, IL
0.30
Single-Family Home
$150,000
04/17/26
5
2
2,862
107 S Spruce St, Delavan, IL
0.31
Single-Family Home
$142,000
08/22/25
5
1
2,138
412 Elm St, Delavan, IL
0.18
Single-Family Home
$185,000
11/21/25
4
1.5
2,704
412 S Elm St, Delavan, IL
0.18
Single-Family Home
$185,000
11/26/25
4
1.5
2,704
902 S Chestnut St, Delavan, IL
0.34
Single-Family Home
$141,000
01/09/26
3
1
1,402
101 W 8th St, Delavan, IL
0.20
Single-Family Home
$160,000
05/08/26
3
2
2,186
202 W 3rd St, Delavan, IL
0.21
Single-Family Home
$120,000
10/27/25
5
3
4,312

Nearby homes

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Assigned Schools

These are the assigned schools for 120 E 5th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Delavan

At least 4 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 100 % Say kids play outside

  • 100 % Say parking is easy

  • 100 % Say it's walkable to restaurants

  • 92 % Say it's dog friendly

  • 88 % Say people would walk alone at night

  • 86 % Say there's holiday spirit

  • 83 % Say neighbors are friendly

  • 83 % Say there are sidewalks

  • 75 % Say it's quiet

  • 73 % Say car is needed

  • 73 % Say it's walkable to grocery stores

  • 70 % Say there are community events

  • 64 % Say streets are well-lit

  • 60 % Say they plan to stay for at least 5 years

  • 56 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • George M. M.
    "Lived here 18 years. Couldn’t have picked a better community to raise our family in. School is responsive and of good quality. Taxpayers just 3 years ago voted to fund a brand new new high school to invest in the future of the town and our kids. "
    0
    Flag
  • George M. M.
    "Great place to live and raise kids. We’ve been here almost 20 years, so we have a pretty good idea of what we speak. "
    0
    Flag
  • George M. M.
    "We’ve developed great friendships with decent people who, like us, have chosen this little town to raise their family. "
    1
    Flag
  • George M. M.
    "Great school district. New HS in 2015. Generally, very good admin and faculty with good activities for small town school district. "
    0
    Flag
  • Dan T.
    "Delavan has a progressive City Council, a great school, and affordable housing. We have many churches and Civic groups."
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 120 E 5th St

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Off Market Homes Near 120 E 5th St

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Frequently asked questions about 120 E 5th St

  • What is 120 E 5th St estimated to be worth?
    Trulia's estimated value for 120 E 5th St in Delavan, IL is $198,100.
  • What is the price history for 120 E 5th St?
    120 E 5th St in Delavan, IL last sold for $140,000 in October 2023.
  • Is Delavan a buyer's or seller's market?
    Delavan is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 120 E 5th St?
    The closest schools to 120 E 5th St in Delavan, IL are Delavan Elementary School (Pre-K, rated 4/10), Delavan High School (rated 5/10), Delavan Jr High School (rated 5/10).
  • How big is the lot at 120 E 5th St?
    The lot at 120 E 5th St in Delavan, IL is about 0.33 acres (14,374 sq ft).