408 E  1st St, Ramsey, IL 62080
Property image
Property image
FORECLOSURE
BANK OWNED
0.56 ACRES
Listed by Tyler D Schmitt, Thats A Wrap Realty, (618) 267-9214

$74,000

  • 3 Beds
  • 1 Bath
  • 1,184 sqft (on 0.56 acres)

408 E 1st St, Ramsey, IL 62080

Home Highlights

Single-Family Home
Built in 1977
0.56 acre lot
$63/sqft
1 Car Garage

Local Information

  • Map ViewExplore the area around 408 E 1st St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Looking for your next project? This could be the opportunity you've been waiting for! Built in 1977, this 3-bedroom, 1-bathroom home offers 1,184 square feet of potential and is ready for someone to bring it back to life. Included with the sale is the additional lot next door, giving you just over a half-acre of space with plenty of room to expand, garden, or simply enjoy extra privacy. While the home does need repairs and updates, it offers a solid opportunity for an investor, handyman, or buyer looking to create their own space. This bank-owned property is being sold strictly as-is. Don’t miss your chance to unlock the potential this property has to offer! Get in touch today to see if you could make this one all your own! Cash or conventional loan buyers only.
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Home Details for 408 E 1st St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 6
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1184 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water Connected
Heating & Cooling
Heating: Radiant CeilingHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Radiant Ceiling
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living Room, Wood BurningHas a Fireplace
Gas & Electric
Electric: Single PhaseHas Electric on Property
Levels, Entrance, & Accessibility
Levels: One

Exterior Features

Exterior Home Features
Other Structures: Shed(s)Foundation: Block
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportNo GarageHas an Attached GarageParking Spaces: 1Parking: Garage Attached
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1184 Square Feet

Days on Market

Days on Market: 18

Property Information

Year Built
Year Built: 1977
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Vinyl SidingAttached To Another StructureDoes Not Include Home Warranty
Property Information
Parcel Number: 130608477006

Price & Status

Price
List Price: $74,000Price Per Sqft: $63
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: RamseyCommunity: Reiss Th Ird Sub
School Information
Elementary School: Ramsey Dist 204Jr High / Middle School: Ramsey Dist 204High School: RamseyHigh School District: RAMSEY DIST 204

Agent Information

Listing Agent
Listing ID: 26031978

Building

Building Area
Building Area: 1184 Square Feet

HOA

Association for this Listing: Southwestern Illinois Board of REALTORSNo HOA

Lot Information

Lot Area: 0.56 acres

Listing Info

Special Conditions: Listing As Is, Real Estate Owned

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 26031978Above Grade Unfinished Area: 1184Showing Requirements: Appointment Only

Around this home

What Locals Say about Ramsey

At least 1 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 100 % Say there are sidewalks

  • 100 % Say people would walk alone at night

  • 100 % Say yards are well-kept

  • 100 % Say car is needed

  • 60 % Say neighbors are friendly

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say streets are well-lit

  • 50 % Say kids play outside

  • 50 % Say it's walkable to restaurants

  • 50 % Say there's holiday spirit

Sourced by Trulia users. Learn more about our methodology.

Market trends in Ramsey

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings

Home Value

Learn more about this home's value by checking out the value of nearby homes.

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
0.04
$104,000
3
1.5
1,424
Recently Sold
0.07
$47,100
4
2
2,244
Off Market
0.08
$225,000
3
2
2,363
Recently Sold
0.15
$23,700
2
2
964
Off Market
0.17
-
-
-
-
Off Market
0.16
$177,900
3
1.5
1,850
Off Market
0.18
$102,600
3
1
1,164
Off Market
0.18
-
2
1
1,000
Off Market
0.23
-
3
1.5
1,025
Off Market
0.29
$143,900
3
2.5
1,660
Off Market
0.31
$52,500
2
1
860
Off Market

Price and Tax history

YearProperty taxTax assessment
2024
$1,470
$80,511
Home facts updated by county records

LGBTQ Local Legal Protections

Tyler D Schmitt, Thats A Wrap Realty
Agent Phone: (618) 267-9214
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 408 E 1st St

  • What is the estimated monthly payment for 408 E 1st St?
    Based on a $74,000 list price with 20% down at today's rates, the estimated monthly payment for 408 E 1st St in Ramsey, IL is approximately $561 (about $392 principal & interest, $94 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 408 E 1st St?
    The closest schools to 408 E 1st St in Ramsey, IL are Ramsey Elementary School (Pre-K, rated 7/10), Ramsey High School (Middle, rated 5/10).
  • Does 408 E 1st St have air conditioning?
    Yes, 408 E 1st St in Ramsey, IL has air conditioning.
  • How big is the lot at 408 E 1st St?
    The lot at 408 E 1st St in Ramsey, IL is about 0.56 acres (24,394 sq ft).
  • Does 408 E 1st St have a garage?
    Yes, 408 E 1st St in Ramsey, IL has an attached garage.
408 E 1st St, Ramsey, IL 62080 is a 3 bedroom, 1 bathroom, 1,184 sqft single-family home built in 1977. This property is currently available for sale and was listed by MARIS on May 22, 2026. The MLS # for this home is MLS# 26031978.