Fully Renovated Ranch Near Lake Shelbyville!
***This versatile property offers not only comfortable living but also excellent income potential***
Whether you’re looking to offset your mortgage or invest in a steady revenue stream, this property provides a great opportunity to generate additional income while enjoying the benefits of homeownership.
Located just outside of town and less than a mile from Lake Shelbyville and Sullivan Marina, this beautifully updated 3-bedroom, 2-bath ranch includes an additional 1-bedroom, 1-bath guest house. It offers the perfect blend of modern comfort and peaceful country living.
The main home features a completely renovated interior with an open-concept layout, abundant natural light, motorized woven shades and upscale finishes throughout. The updated kitchen showcases new cabinetry, countertops, and appliances, making it ideal for both everyday living and entertaining. Both bathrooms have been tastefully remodeled, and luxury touches can be found throughout the home.
Relax and unwind in the newly installed fenced back yard with concrete porch and cozy fire pit while taking in the scenic views, or step outside to enjoy the spacious patio—perfect for outdoor dining or relaxing after a day on the lake. The property also includes a detached 2-car garage with a luxury guest suite, offering excellent space for visitors, a home office, or potential rental income.
Don’t miss this exceptional property—call today to schedule your showing!
For sale
Price cut: $10K (3/10)
$340,000
1046 State St, Sullivan, IL 61951
4beds
1,662sqft
Est.:
Single Family Residence
Built in 1916
1.7 Acres Lot
$-- Zestimate®
$205/sqft
$-- HOA
What's special
Luxury guest suiteUpscale finishes throughoutScenic viewsAbundant natural lightOpen-concept layoutSpacious patioCompletely renovated interior
- 70 days |
- 1,559 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: March 25, 2026 at 03:53pm
Listed by:
Jennifer Underwood 217-888-8297,
THATS A WRAP REALTY
Source: CIBR,MLS#: 6256810
Originating MLS: Central Illinois Board Of REALTORS
Originating MLS: Central Illinois Board Of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Description: Flooring: Laminate
- Level: Main
- Dimensions: 10 x 11
Bedroom
- Description: Flooring: Laminate
- Level: Main
- Dimensions: 14 x 17
Bedroom
- Description: Flooring: Laminate
- Level: Main
- Dimensions: 15 x 20
Primary bathroom
- Description: Flooring: Tile
- Level: Main
- Dimensions: 10 x 11
Dining room
- Description: Flooring: Laminate
- Level: Main
- Dimensions: 17 x 12
Family room
- Description: Flooring: Slate
- Level: Main
- Dimensions: 19 x 14
Kitchen
- Description: Flooring: Laminate
- Level: Main
- Dimensions: 12 x 9
Laundry
- Description: Flooring: Laminate
- Level: Main
- Dimensions: 9 x 5
Heating
- Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Laundry: Main Level
Features
- Fireplace, Bath in Primary Bedroom, Main Level Primary
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,662
- Total interior livable area: 1,662 sqft
- Finished area above ground: 1,662
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Deck
- Exterior features: Deck, Fence
- Fencing: Yard Fenced
Lot
- Size: 1.7 Acres
Details
- Additional structures: Guest House
- Parcel number: 080823000401
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Crawlspace, Other
- Roof: Asphalt
Condition
- Year built: 1916
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Location
- Region: Sullivan
Financial & listing details
- Price per square foot: $205/sqft
- Annual tax amount: $2,600
- Date on market: 1/16/2026
- Cumulative days on market: 68 days
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Price change | $340,000-2.9%$205/sqft |
Source:  CIBR #6256810 Report a problem | ||
| 2/2/2026 | Listed for sale | $350,000$211/sqft |
Source: CIBR #6256810 Report a problem | ||
| 1/28/2026 | Pending sale | $350,000$211/sqft |
Source: CIBR #6256810 Report a problem | ||
| 1/17/2026 | Listed for sale | $350,000$211/sqft |
Source: CIBR #6256810 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,216/mo
Principal & interest
$1675
Property taxes
$541
More affordability tools
Climate risks
Neighborhood: 61951
Nearby schools
GreatSchools rating
- 5/10Sullivan Middle SchoolGrades: 5-8Distance: 3.4 mi
- 6/10Sullivan High SchoolGrades: 9-12Distance: 3.4 mi
- 7/10Sullivan Elementary SchoolGrades: PK-4Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Sullivan
- Middle: Sullivan
- High: Sullivan
- District: Sullivan Dist. 300
Source: CIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 61951
- Illinois
- Moultrie County
- Sullivan
- 61951
- 1046 State St
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