701 E  Market Ave, Effingham, IL 62401
OFF MARKET

$17,550

Tax assessed value
  • Studio

701 E Market Ave, Effingham, IL 62401

Home Value

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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
0.09
Single-Family Home
$227,000
08/24/26
3
2
3,356
0.17
Single-Family Home
$107,500
03/05/26
2
1
1,495
0.16
Single-Family Home
$229,900
04/20/26
3
2
1,336
0.19
Single-Family Home
$123,000
08/28/26
3
1
1,995
0.30
Single-Family Home
$106,023
02/25/26
2
2
1,345
0.20
Single-Family Home
$70,000
10/02/25
2
1
1,230
0.30
Single-Family Home
$178,000
12/01/25
4
2
1,647
0.27
Single-Family Home
$376,500
02/06/26
-
-
0.15
Single-Family Home
$192,000
05/14/26
5
2
1,862
0.26
Single-Family Home
$114,000
09/25/26
3
1
920

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
0.06
$331,300
4
2.5
3,600
Off Market
0.09
$227,000
3
2
3,356
Recently Sold
0.12
$279,000
3
2.5
2,359
Recently Sold
0.13
$222,500
3
2
1,664
Off Market
0.15
$249,600
3
3
5,028
Off Market
0.14
$250,000
3
2
1,701
Recently Sold
0.15
$326,200
4
3
2,311
Off Market
0.16
$229,900
3
2
1,336
Recently Sold
0.16
$266,200
5
3
2,748
Off Market
0.14
$210,200
3
1.5
1,434
Off Market
0.17
$107,500
2
1
1,495
Recently Sold
0.15
$192,000
5
2
1,862
Recently Sold

Local Information

  • Map ViewExplore the area around 701 E Market Ave.
  • Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home

About this House

This single-family home is located at 701 E Market Ave, Effingham, IL. 701 E Market Ave is in Effingham, IL and in ZIP code 62401. This property has a lot size of 4791 sqft.
701 E Market Ave, Effingham, IL 62401 is a studio single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,127/month.

Home Details for 701 E Market Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 4791 sqft

Price and Tax history

YearProperty taxTax assessment
2024
$395
$17,550
Home facts updated by county records

Market trends in Effingham

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
63
2
MoM

What Locals Say about Effingham

At least 38 Trulia users voted on each feature.
  • 92 % Say yards are well-kept

  • 86 % Say parking is easy

  • 85 % Say it's dog friendly

  • 80 % Say car is needed

  • 78 % Say there's holiday spirit

  • 77 % Say people would walk alone at night

  • 73 % Say they plan to stay for at least 5 years

  • 72 % Say there are sidewalks

  • 67 % Say kids play outside

  • 64 % Say streets are well-lit

  • 60 % Say it's quiet

  • 55 % Say it's walkable to grocery stores

  • 45 % Say it's walkable to restaurants

  • 40 % Say neighbors are friendly

  • 40 % Say there's wildlife

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Laynetyler18
    "It’s been about 10 years since I lived here but I remember everybody was real nice and neighborly. And the city employees do a great job maintaining the community "
  • Kathy V. D.
    "Christ church, AMCTheater, schools, park, skate park, edge of town, shopping, minutes from down town."
  • Kathleen T.
    "Farmers market! And just so many alcohol in the courtyard events. I mean, there’s the artisan fair with the craft beer, craft wine, and craft whiskey as the big event. Then there’s the food events featuring spirits as the main event. And also, of course, the craft beer and craft liquor events."
  • Kathleen W.
    "Public and private schools are excellent. There’s a surprising amount of predators in such a small town."
  • Lee.querubin
    "Area has limited public transportation. Mostly residents use private vehicles but roads are not crowded."

LGBTQ Local Legal Protections

Frequently asked questions about 701 E Market Ave

  • Is Effingham a buyer's or seller's market?
    Effingham is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Effingham?
    Residents describe Effingham, IL as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Effingham, IL.
  • What are the closest schools to 701 E Market Ave?
    The closest schools to 701 E Market Ave in Effingham, IL are Central Grade School (Elementary, rated 5/10), Early Learning Center (Elementary), Effingham High School (rated 8/10).
  • How big is the lot at 701 E Market Ave?
    The lot at 701 E Market Ave in Effingham, IL is about 0.11 acres (4,791 sq ft).

Apartments for Rent

Off Market Homes Near 701 E Market Ave

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