Sold328d on marketHistoric · 132 yrs
401 E Wood St
Colfax, IL, 61728 • 61728 • McLean County
$35,500
$45/sqft
1Beds
1Baths
792Sqft
0.16 acLot
1894Built
Property DNA
Ranch Style
Built 1894 · 132 years of history
Not Applicable
61728
Outdoor Living
Patio
Garage
Gravel · Off Street · Driveway · Garage Faces Side · On Site
This home is in high demand
Listed 328 days ago · 3 views · Top 2% likely to sell soon
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
328 days on market
Established listing
$45/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 2% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1894 · Historic
Opportunity awaits in the peaceful village of Colfax. Perched on this wonderful corner lot this one bedroom gem cash flows like wine. Currently a rental property with FULL intention of protecting the tenants residency under an active two year lease that MUST carry with the sale. Squeaky clean little home with low maintenance vinyl flooring throughout. Flat roof and furnace is less than two years old. Tenant pays 500/mon and is responsible for all utilities. Build your income producing profile and seize the moment of this once in a lifetime opportunity to own your own cash cow. Property sold as-is.
Standout features identified
Our analysis highlights corner lot, low maintenance vinyl flooring, and flat roof as key attractions of this home.
Estimated monthly payment
Based on current rates
$232/month
Principal & Interest$184
Property Tax$36
Insurance$12
Down payment20% ($7,100)
3%50%
Est. 6.75% rate · 30yr fixed · $28,400 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1894
HeatingForced Air
CoolingWall Unit(s)
Parking4 Garage spaces
Lot6,969 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1894
Stories1
Systems
HeatingForced Air
CoolingWall Unit(s)
RoofAsphalt,Rubber
ConstructionWood Siding, Plaster
Water / SewerPublic
Parking & Outdoor
ParkingGravel, Off Street, Driveway, Garage Faces Side, On Site
BasementCrawl Space,Cellar
Lot6,969 sqft
Location & Tax
Neighborhood61728
Annual tax$1,237
Parcel1702303006
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Interior
1st Floor Bedroom
1st Floor Full Bath
Separate Dining Room
Paneling
Heating
Forced Air
Cooling
Wall Unit(s)
Laundry
Main Level
Laundry Closet
Accessibility
No Disability Access
Exterior Features
Parking
Gravel
Off Street
Driveway
Garage Faces Side
On Site
Construction
Wood Siding
Plaster
Patio & Porch
Patio
Lot Features
Corner Lot
Other Equipment
Ceiling Fan(s)
Sump Pump
Room details
19 rooms detailed
Master Bedroom
Main10×13 ft130 sqft
Flooring (Vinyl)
Bedroom2
Bedroom3
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market328
Est. value$71,300
Est. rent$1,003/mo
Tax rate2.08%
Price/sqft$45
On marketApr 23, 2025
PostedApr 23, 2025
Last sold$35,500
MLS statusClosed
MLS updatedMay 16, 2025
Tour days6
Views3
How are the schools in Colfax?
3 schools rated nearby
Location
Colfax, IL, 61728
Price history
5 events
DateEventPrice$/sqftSource
May 15, 2025Sold$35,500$45MRED as distributed by MLS GRID
Apr 25, 2025Pending Sale$35,000$44MRED as distributed by MLS GRID
Apr 23, 2025Listed For Sale$35,000$44MRED as distributed by MLS GRID
May 2, 2022Sold$33,000$42Public Record
Aug 30, 2016Sold$33,058$42Public Record
Sold$35,500
May 15, 2025•$45/sqft•MRED as distributed by MLS GRID
Pending Sale$35,000
Apr 25, 2025•$44/sqft•MRED as distributed by MLS GRID
Listed For Sale$35,000
Apr 23, 2025•$44/sqft•MRED as distributed by MLS GRID
Sold$33,000
May 2, 2022•$42/sqft•Public Record
Sold$33,058
Aug 30, 2016•$42/sqft•Public Record
Tax history
20 years of records
YearTax paidAssessed value
Apr 9, 2024$1,205$14,761
Apr 9, 2023$1,237$13,255
Apr 9, 2022$1,135$12,038
Apr 9, 2021$1,071$11,390
Apr 9, 2020—$11,144
Apr 9, 2019—$11,144
Apr 9, 2018—$10,793
Apr 9, 2017$989$10,530
Apr 9, 2016$922$10,406
Apr 9, 2015$922$10,640
Apr 9, 2014$922$10,562
Apr 9, 2013$916$11,164
Apr 9, 2012$1,107$11,164
Apr 9, 2011$1,107$11,729
Apr 9, 2010$1,051$11,729
Apr 9, 2009$1,076$11,681
Apr 9, 2008$987$11,527
Apr 9, 2007$948$10,948
Apr 9, 2006—$10,092
Apr 9, 2005—$10,092
Nearby homes
Neighborhood details
Local context around this listing
Colfax, IL • McLean County
Nearby cities
BloomingtonChenoaDownsGridleyHeyworthHudsonLe RoyLexington
Nearby zip codes
61728
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](/mls-disclaimers/#17)
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