723 E  Jefferson Ave, Effingham, IL 62401
OFF MARKET

$169,200

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,494 sqft (on 0.28 acres)

723 E Jefferson Ave, Effingham, IL 62401

Est. Refi. Payment $1,161/mo*
Refinance Your Home
Currently Off Market - Sold Jan 31, 2023 for $55,000

Home Value

Trulia Estimate
$169K
Since last month
Decreased$4K (-2.2%)
Since last year
Increased$9K (+5.3%)
Since last sale
Increased$115K (+209.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +291% in the last 10 years
MonthEstimated value
2026
August 2026$170K
August 2026$170K
July 2026$174K
June 2026$167K
May 2026$165K
April 2026$149K
March 2026$160K
February 2026$154K
January 2026$151K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
$192,000
05/14/26
5
2
1,862
0.09
Single-Family Home
$250,000
05/29/26
3
2
1,701
0.30
Single-Family Home
$190,000
06/18/26
3
2
1,408
0.21
Single-Family Home
$106,023
02/25/26
2
2
1,345
0.33
Single-Family Home
$170,200
12/08/25
3
2
1,824
0.42
Single-Family Home
$50,000
04/10/26
3
1
1,033
0.31
Single-Family Home
$249,900
12/10/25
3
2
1,827
0.37
Single-Family Home
$200,000
07/27/26
3
2
1,888
0.20
Single-Family Home
$123,000
08/28/26
3
1
1,995
0.09
Single-Family Home
$227,000
08/24/26
3
2
3,356

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
$192,000
5
2
1,862
Recently Sold
0.03
$210,700
3
1.5
1,434
Off Market
0.09
$227,000
3
2
3,356
Recently Sold
0.09
$250,000
3
2
1,701
Recently Sold
0.11
$328,800
4
3
2,311
Off Market
0.21
$106,023
2
2
1,345
Recently Sold
0.18
$107,500
2
1
1,495
Recently Sold
0.20
$336,900
4
2.5
3,600
Off Market
0.23
$77,700
2
1
1,006
Off Market
0.19
$93,700
1
1
768
Off Market
0.20
$123,000
3
1
1,995
Recently Sold
0.24
$183,000
2
1
1,364
Off Market

Local Information

  • Map ViewExplore the area around 723 E Jefferson Ave.
  • Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1900
Lot Size
0.28 acres
Living Area
1,494 sqft
Price/Sqft
$113
Parking
Garage

About this House

Make your mark on one of Effingham's historic neighborhoods! 1.5 stories of 3 bedrooms, 2 bathrooms, a partial basement, and garage are zoned R-2 Residential and is ready for new life! Materials are on-site for you to begin your renovation: kitchen cabinets, replacement windows, and more. This is a perfect blank slate for your crafty touch with updated plumbing and electric, LOW TAXES, and a HUGE BACKYARD! This property is close to downtown shopping, dining, and nightlife. Don't miss out on this investment opportunity that will rise in value faster than the interest rates and gas prices! Call your agent today to see how your investment can work for YOU! *Home is being sold as-is*
723 E Jefferson Ave, Effingham, IL 62401 is a 3 bedroom, 2 bathroom, 1,494 sqft single-family home built in 1900. It last sold for $55,000 on Jan 31, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $169,200, with a rent estimate of $1,312/month.

Home Details for 723 E Jefferson Ave

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltDeckFoundation Type: Crawl RaisedPatioPorch
Parking & Garage
GarageParking Space: 1Parking: Garage Detached

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Lot Information

Lot Area: 0.28 acres

Price and Tax history

DateEventPrice
Jan 31, 2023
Source: N/A
Sold
$55,000
Nov 26, 2022
Source: My State MLS #11119038
Pending
$69,900
Nov 11, 2022
Source: My State MLS #11119038
Listed For Sale
$69,900
Jan 28, 2013
Source: CIBR #4216556
Sold
$32,000
Oct 23, 2012
Source: Agent Provided
ListingRemoved
$64,000

Market trends in Effingham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$223K
$6.67K
MoM
Sale-to-List Price
Price per sq ft
$138
$6
MoM
Available listings
65
3
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 723 E Jefferson Ave

  • What is 723 E Jefferson Ave estimated to be worth?
    Trulia's estimated value for 723 E Jefferson Ave in Effingham, IL is $169,200.
  • What is the price history for 723 E Jefferson Ave?
    723 E Jefferson Ave in Effingham, IL last sold for $55,000 in January 2023.
  • Is Effingham a buyer's or seller's market?
    Effingham is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Effingham?
    The median sale price in Effingham is $223K. That is up $6.67K from the prior month.
  • Does 723 E Jefferson Ave have air conditioning?
    Yes, 723 E Jefferson Ave in Effingham, IL has air conditioning.
  • How big is the lot at 723 E Jefferson Ave?
    The lot at 723 E Jefferson Ave in Effingham, IL is about 0.28 acres (12,196 sq ft).

Apartments for Rent

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