516 E Center St
Loraine, IL 62349
1 Bed
3 Baths
1 Bed
3 Baths
(on 14 acres)
Local Information
- Map ViewExplore the area around 516 E Center St.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Lot/Land
Lot Size
14 acres
About this House
Wonderful acreage just off the interstate with easy access. Utilities available and some on site. Property has 7 acres tillable with clover planted, about 2 acres of timber, the rest pasture. Beautiful 1 acre pond that is fully stocked and about 22 ft deep. Fantastic dock to use! This parcel is part of the Village of Loraine, ordinances apply. Acreage includes a 1 1/2 story home with aprox 1,900 sqft with 1 bedroom/3 baths. 2 extra rooms on second level used as bedrooms, no heat source.
516 E Center St, Loraine, IL 62349 is a 1 bedroom, 3 bathroom lot/land. It last sold for $233,000 on Jan 30, 2024 (98% above the $117,600 asking price). It is currently off market. The Trulia Estimate is $244,800, with a rent estimate of $1,829/month.
Home Details for 516 E Center St
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MLS Status: Closed |
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Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 3 |
View No View |
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Frontage Not on Waterfront |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 060058800300 |
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Price List Price: $117,600 |
Status Change & Dates Off Market Date: Tue Jan 30 2024Possession Timing: Close Of Escrow |
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Direction & Address City: Loraine |
School Information Elementary School: UnityHigh School: Unity |
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Lot Area: 14 Acres |
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Mls Number: 12245068 |
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Source Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplaySource Internet Address Display |
Last check for updates: about 18 hours ago
Listed by Carol Shaffer, (217) 430-3356
Bower & Associates, Inc., REALTORS
Bought with: Carol Shaffer, (217) 430-3356, Bower & Associates, Inc., REALTORS
Source: MRED as distributed by MLS GRID, MLS#12245068
Price History for 516 E Center St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/30/2024 | $233,000 | Sold | MRED as distributed by MLS GRID #12245068 |
| 12/14/2023 | $117,600 | Pending | RMLS Alliance as distributed by MLS GRID #QC4248689 |
| 12/06/2023 | $117,600 | Listed For Sale | RMLS Alliance as distributed by MLS GRID #QC4248689 |
| 12/04/2017 | $144,000 | Sold | N/A |
Market trends in Loraine
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $2,091 |
| Assessment | $79,350 |
Home facts updated by county records
Comparable Sales for 516 E Center St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
6.95 | Lot/Land | $380,000 | 03/10/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETBower & Associates Inc., REALTORS, Closed
SOLDMAY 15, 2026Jacquelyn Weisenburger, Happel, Inc., REALTORS
OFF MARKETBower & Associates, Inc., REALTORS, Closed
SOLDOCT 15, 2025Bower & Associates, Inc., REALTORS, Closed
OFF MARKETBrandi Griswold, Happel, Inc., REALTORS
SOLDJUL 17, 2026Bower & Associates, Inc., REALTORS, Closed
OFF MARKETBower & Associates Inc., REALTORS, Closed
OFF MARKETJeremy D Farlow, Farlow Real Estate Experts
SOLDFEB 9, 2026Bower & Associates, Inc., REALTORS, Closed
OFF MARKETTracy Schoonover, Gem City Real Estate Group
Assigned Schools
These are the assigned schools for 516 E Center St.
- Unity High School
- 9-12
- Public
- 175 Students
6/10GreatSchools RatingParent Rating AverageIt is a good school, or at least it was when I attended. Some of the faculty has changed since then. The facilities have been improving over the years. The curriculum, sadly, has been dwindling and has become easier in comparison to what it used to be. Most of the educational "problems" are due to state laws and federal laws. The teachers have to obey them, which causes them to abandon their challenges for students. As for the lack of "discipline" in the students, that would be the parents, not the teachers. The teachers are only allowed to do so much and I know certain students who will never be reprimanded because the teachers would fear for their jobs. The teachers are very easy-going and truly do want people to succeed. They work with every student who is actually willing to do the work and learn the material. We used to have one of the highest averages of ACT scores around the area, but again the faculty and the administration have changed.Other Review13y ago - Mendon Elementary School
- PK-4
- Public
- 296 Students
8/10GreatSchools RatingParent Rating AveragePoor leadership, underpaid staff, ongoing lack of student dicipline, and more interest in sports than academic.Parent Review15y ago - Unity Middle School
- 5-8
- Public
- 200 Students
7/10GreatSchools RatingParent Rating AverageThis school is well run and has a lot to offer for being in such a rural area. Most of the teachers here stay for their entire term and are happy doing so.Teacher Review7y ago 
Check out schools near 516 E Center St.
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Apartments for Rent
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Homes for sale near 516 E Center St
23.25 ACRESBower & Associates, Inc., REALTORS, Active
See more homes for sale inLoraine
Off Market Homes Near 516 E Center St
- SOLDMAY 15, 2026Jacquelyn Weisenburger, Happel, Inc., REALTORS
SOLDJAN 30, 2026Bower & Associates, Inc., REALTORS, Closed- SOLDOCT 15, 2025Bower & Associates, Inc., REALTORS, Closed
OFF MARKETBower & Associates, Inc., REALTORS, Closed
OFF MARKETZanger & Associates, Inc., REALTORS, Closed
OFF MARKETZanger & Associates, Inc., Closed- See more homes for sale inLoraine
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information