418 E  Elm St, Gillespie, IL 62033
Property image
Property image
UNDER CONTRACT
Listed by Matthew Cisler, Cisler & Associates Real Estate, (618) 635-2244

418 E Elm St
Gillespie, IL 62033

  • 2 Beds
  • 1.5 Baths
  • 1,081 sqft

$41,900

$41,900

2 Beds
1.5 Baths
1,081 sqft

Home Highlights

Climate Control
Heating & Cooling
Price/Sqft
$39
Listed
118 days ago

Local Information

  • Map ViewExplore the area around 418 E Elm St.
-- mins to
Commute Destination

About this House

UNLOCK THIS HOME'S POTENTIAL! This 2-bedroom home in Gillespie offers a great chance to build equity with several key updates already started. Recent improvements include updated electrical work and new PEX water lines, giving you a solid foundation to continue bringing this property to life. Step inside and you’re welcomed by a spacious living room, with a well-sized bedroom just off the main area. Both bedrooms offer comfortable space and flexibility. The kitchen features a functional layout with ample storage, making it practical for everyday use. A nearby closet presents an excellent opportunity to be converted into a laundry area and potential half bath. The basement provides convenient access to the home’s mechanical systems along with additional space for storage. Step outside and enjoy one of this property’s true highlights—a large, shaded backyard offering the perfect setting for relaxing, entertaining, or future expansion. The home also features convenient front yard parking with turnaround space, a rare and practical bonus. A covered back porch provides a comfortable spot to unwind, while the outdoor water spigot and electrical outlet add everyday functionality and versatility to the space. Whether you're searching for your next investment, a flip, or a place to truly make your own, this property offers the perfect opportunity to build equity and bring your vision to life. Don’t miss your chance—schedule your showing today and see the potential for yourself!

Home Details for 418 E Elm St

Active Status

MLS Status: Active Under Contract

Interior Features

Interior Details
Basement: Full,Sump Pump,UnfinishedNumber of Rooms: 6Types of Rooms: Bedroom, Bedroom 2, Bathroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1081 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: AmerenHas Electric on Property
Levels, Entrance, & Accessibility
Levels: One

Exterior Features

Exterior Home Features
Roof: Architectural ShingleNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Aggregate,Alley Access,Parking Pad
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1081 Square Feet

Days on Market

Cumulative Days on Market: 281Days on Market: 118

Property Information

Year Built
Year Built: 1948
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow
Building
Construction Materials: Brick, Wood SidingNot Attached PropertyDoes Not Include Home Warranty
Property Information
Parcel Number: 1000132400

Price & Status

Price
List Price: $41,900Price Per Sqft: $39
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: GillespieCommunity: P C Huggins Add
School Information
Elementary School: Gillespie Dist 7Jr High / Middle School: Gillespie Dist 7High School: Gillespie Community High SchooHigh School District: GILLESPIE DIST 7

Agent Information

Listing Agent
Listing ID: 26022866

Building

Building Area
Building Area: 1081 Square Feet

HOA

Association for this Listing: Southwestern Illinois Board of REALTORSNo HOA

Lot Information

Lot Area: 7544.592 sqft

Listing Info

Special Conditions: Standard

Offer

Contingencies: Continue to ShowListing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 26022866Zillow Contingency Status: Under ContractAbove Grade Unfinished Area: 1081Showing Requirements: Appointment Only, Occupied, Restricted Hours
Last check for updates: about 13 hours ago
Listing Provided by: Matthew Cisler, (618) 946-7770
Cisler & Associates Real Estate
Originating MLS: Southwestern Illinois Board of REALTORS
Source: MARIS, MLS#26022866
Also Listed on MARIS.

Market trends in Gillespie

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
17
4
MoM

Price and Tax history

DateEventPrice
Jul 27, 2026
Source: MARIS #26022866
Contingent
$41,900
Jul 20, 2026
Source: MARIS #26022866
PriceChange
$41,900
Price decreased by 7%
Jun 19, 2026
Source: MARIS #26022866
PriceChange
$44,900
Price decreased by 10%
Apr 18, 2026
Source: MARIS #26022866
Listed For Sale
$49,900
Apr 7, 2026
Source: MARIS #25068297
ListingRemoved
$47,900

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Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
0.02
Single-Family Home
$53,000
10/01/25
2
1
1,140
0.10
Single-Family Home
$182,250
03/23/26
2
2
1,208
0.81
Single-Family Home
$20,000
06/05/26
2
2
1,150
0.36
Single-Family Home
$112,000
05/15/26
2
1
1,000
0.33
Single-Family Home
$148,000
10/21/25
2
1
1,400
0.52
Single-Family Home
$27,500
02/27/26
2
1
1,309
0.25
Single-Family Home
$102,000
04/17/26
3
1
1,505
0.27
Single-Family Home
$119,000
06/23/26
3
1
1,375

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
$108,400
2
1
1,140
Off Market
0.08
$170,000
3
2
1,550
Recently Sold
0.08
$305,900
4
2.5
2,100
Off Market
0.07
$182,000
3
2
1,800
Off Market
0.03
$143,600
4
2
2,194
Off Market
0.10
-
-
-
-
Off Market
0.13
$182,700
3
1.5
1,600
Off Market
0.06
$93,800
2
1
880
Off Market
0.10
$182,250
2
2
1,208
Recently Sold
0.10
-
2
1
1,192
Off Market
0.14
$133,100
3
1
1,100
Off Market
0.15
$150,000
3
1
1,376
For Sale

Around this home

What Locals Say about Gillespie

At least 3 Trulia users voted on each feature.
  • 100 % Say yards are well-kept

  • 100 % Say it's dog friendly

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 86 % Say it's walkable to restaurants

  • 80 % Say it's walkable to grocery stores

  • 80 % Say there are sidewalks

  • 74 % Say neighbors are friendly

  • 67 % Say car is needed

  • 67 % Say streets are well-lit

  • 57 % Say kids play outside

  • 56 % Say they plan to stay for at least 5 years

  • 50 % Say there's holiday spirit

  • 29 % Say there's wildlife

  • 22 % Say there are community events

  • 20 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Susan W.
    "Black Diamond Days, 4th of the of July at Gillespie Lake. Christmas Walk. Football games, school events. "
  • Scott L.
    "Been in the neighborhood for 15+ years and it is still safe and quaint. Close to downtown but not too loud."
  • Scott L.
    "Nice little town to raise children. Has its problems but is close to a highway and surrounding towns."
  • Scott L.
    "It's on a main road so that makes it loud with traffic most days and nights. It is still a quaint neighborhood. Should be a nice place to live in 5-10 years."

LGBTQ Local Legal Protections

Frequently asked questions about 418 E Elm St

  • What is the estimated monthly payment for 418 E Elm St?
    Based on a $41,900 list price with 20% down at today's rates, the estimated monthly payment for 418 E Elm St in Gillespie, IL is approximately $348 (about $218 principal & interest, $55 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 418 E Elm St?
    The closest schools to 418 E Elm St in Gillespie, IL are Benld Elementary School (Pre-K, rated 6/10), Gillespie High School (rated 4/10), Gillespie Middle School (rated 5/10).
  • Does 418 E Elm St have air conditioning?
    Yes, 418 E Elm St in Gillespie, IL has air conditioning.
  • How big is the lot at 418 E Elm St?
    The lot at 418 E Elm St in Gillespie, IL is about 0.17 acres (7,545 sq ft).
  • Does 418 E Elm St have parking?
    Yes, 418 E Elm St in Gillespie, IL has on-site parking.
Matthew Cisler, Cisler & Associates Real Estate
Agent Phone: (618) 946-7770
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418 E Elm St, Gillespie, IL 62033 is a 2 bedroom, 2 bathroom, 1,081 sqft single-family home built in 1948. This property is currently available for sale and was listed by MARIS on Apr 17, 2026. The MLS # for this home is MLS# 26022866.