405 E Market Avenue
Effingham, IL 62401
Sherree Oliver
Shelby Realty Services
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,224
- Lot Size
- 0.17 acres
- Year Built
- 1976
- Stories
- 1
- Type
- Single Family Home
- MLS #
- 6260648
Viewed by 1,523 people this week
Own a home in Effingham?
540 homes sold in Effingham in the last 24 months, at a median of $225,000.
Photos
About This Property
405 E Market Avenue is a 3-bedroom, 2-bath, 2,224 sq ft home on 0.17 acres in Effingham, IL, listed at $189,900 by Shelby Realty Services.
Welcome in to a bright and cheerful 3 bed/ 2 bath Bedford stone home with the perfect blend of classic and modern living. The spacious open concept living and dining area flows seamlessly into the adjacent kitchen with beautiful hickory cabinets, newer countertops, hardware, faucet, LED lighting and a complete appliance package. There are three bedrooms on main level with potential for 4th bedroom downstairs as well as a stylish bath. Interior and Exterior was painted in 2023, newer replacement windows and doors, extra insulation, newer roof and hvac makes this affordable home virtually maintenance free. Downstairs a full basement, with 9' movie screen offers fantastic extra space for a home theater or additional living space. The large backyard has a 6' privacy fence and is perfect for entertaining. This home is move in ready and walking distance to downtown and all its amenities. This home is agent owned and priced to sell, call for a showing today.
Features
- •Stories: 1 Story
- •Sewer: Public Sewer
- •Style: Ranch
- •Total Rooms: 6
- •Basement: Finished, Full, Yes
- •Above Grade Finished Area: 1624
- •Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood, Washer
- •Basement Sqft: 800
- •Below Grade Finished Area: 600
- •Below Grade Unfinished Area: 200
- •Construction Materials: Stone
- •Cooling: Central Air
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Location
405 E Market Avenue, Effingham, IL 62401
This parcel in gold, the neighbours in white (hover to name one, click to open it) · PIN 03-16-026-062. Parcel lines are approximate, for reference only — not a survey, and not a guarantee of boundary location or acreage.
About This Location
- School district
- Effingham Community Unit School District 40
- Parcel number
- 03-16-026-062
Grades PK-12
Reference-layer screening only — school district, zoning, TIF, and district boundaries are as-published by the county/state and are not a legal determination; confirm with the district/county authority.
Sources: Illinois State Board of Education / UIUC IECAM (2023)
Schools
Served by Effingham CUSD 40 (P-12)
District websiteCentral Grade School
Grades 2 - 5- Enrollment
- 541
- Student attendance rate
- 95.4%
- Chronic absenteeism
- 8.5%
- ELA growth percentile
- 45th
Early Learning Center
Grades KNot designated — ESSA summative designations are assigned to schools with assessed grades; districts and PK/K-only buildings do not receive one.
- Enrollment
- 173
- Student attendance rate
- 94.1%
- Chronic absenteeism
- 16.8%
Effingham High School
Grades 9 - 12- Enrollment
- 672
- Student attendance rate
- 94.1%
- Chronic absenteeism
- 17.1%
- 4-year graduation rate
- 88.8%
- 9th grade on track
- 85.5%
Effingham Junior High School
Grades 6 - 8- Enrollment
- 445
- Student attendance rate
- 93.7%
- Chronic absenteeism
- 16.8%
- ELA growth percentile
- 40th
Effingham Unit 40 Preschool
Grades PKNot designated — ESSA summative designations are assigned to schools with assessed grades; districts and PK/K-only buildings do not receive one.
- Enrollment
- 120
- Student attendance rate
- Not published
South Side Grade School
Grades 1 - 2- Enrollment
- 245
- Student attendance rate
- 95.4%
- Chronic absenteeism
- 9.6%
Illinois ESSA summative designation, best to lowest: Exemplary, Commendable, Targeted, Comprehensive, Intensive.
District boundary, not an attendance-zone lookup. Illinois' downstate districts are unit (PK-12) districts where the district boundary is effectively the attendance area, but within-district school assignment, boundary changes, and enrollment eligibility are set by the district — confirm with them directly.
Published by ISBE 'AS IS' without warranty of any kind. Report Card figures are self-reported by districts and are a point-in-time state publication, not a verified measure of any individual student's experience. Confirm enrollment eligibility and current school assignment with the district directly.
Source: Illinois State Board of Education — Illinois Report Card (illinoisreportcard.com) and Directory of Educational Entities.
What it really costs to live here
The lines a payment calculator cannot know — read from the county record and the federal maps for this address, with the source beside each one.
USDA zero-down loan
This address is in USDA-eligible territory. The Rural Development guaranteed loan needs no down payment; a modest guarantee fee (1% up front, 0.35% a year) stands in for conventional mortgage insurance. Most buyers from a city have never been told it exists.
Eligibility of the property, checked against USDA's own map on 2026-09-22. The household income limit and the home's condition are the lender's call; any USDA-approved lender can say in a phone call.
Internet
In Effingham, 100% of locations can get 100/20 Mbps service; fiber reaches 77.8%; gigabit 76.7%. Wired and fixed-wireless service on offer: Cable, Copper, Fiber, Licensed Fixed Wireless.
Town-level from the FCC's Broadband Data Collection — not a per-address check; confirm with the provider before you rely on it. Not endorsed or certified by the FCC.
Estimated Homeowner Payments
A planning estimate — not a loan offer, a pre-approval, or a quote. Every figure below is yours to change.
Estimated monthly cost
$1,407
- Principal & interest
- $1,014
- Taxes
- $277
- Insurance
- $117
Covers the mortgage payment, taxes and insurance. Open the breakdown to add utilities and an upkeep set-aside — both are real monthly costs of owning a home, and we have not guessed at them for you.
Estimates for planning only. This is not an offer to lend, a commitment to lend, or an advertisement of credit terms, and it does not include loan costs such as origination, title or closing fees — your lender provides those on a Loan Estimate. Taxes, insurance, utilities and upkeep are assumptions and will differ from actual amounts. Shelby Realty Services does not guarantee any figure shown here.
Questions About This Property
About the property
How much is 405 E Market Avenue in Effingham, IL?
- 405 E Market Avenue in Effingham, IL is listed at $189,900 by Shelby Realty Services (MLS #6260648). That is about $85 per square foot.
How many bedrooms and bathrooms does 405 E Market Avenue have?
- 405 E Market Avenue in Effingham, IL has 3 bedrooms, 2 bathrooms, 2,224 square feet, 1 storey, built in 1976, on 0.17 acres.
How old is 405 E Market Avenue?
- 405 E Market Avenue was built in 1976, so it is about 50 years old according to the listing.
What kind of home is 405 E Market Avenue?
- 405 E Market Avenue is listed as a ranch-style home, on one story, with 2,224 square feet of living space.
How much land comes with 405 E Market Avenue?
- The lot is 0.17 acres according to the listing.
What features does 405 E Market Avenue have?
- The listing notes public sewer, a finished, full, yes basement, dryer, dishwasher, gas water heater, microwave, range, refrigerator, range hood, washer included, stone construction and central air cooling. The full description and every photo are on this page.
When was 405 E Market Avenue listed for sale?
- 405 E Market Avenue came on the market on September 20, 2026, listed by Sherree Oliver of Shelby Realty Services.
The location and the community
What school district serves 405 E Market Avenue?
- 405 E Market Avenue in Effingham, IL sits inside the Effingham Community Unit School District 40 (Grades PK-12) boundary, matched to parcel 03-16-026-062 rather than to the mailing address. District boundaries and school assignment should be confirmed with the district before you rely on them.
Which schools serve 405 E Market Avenue?
- The district's schools are Central Grade School (2 - 5), Early Learning Center (K), Effingham High School (9 - 12), Effingham Junior High School (6 - 8), Effingham Unit 40 Preschool (PK) and South Side Grade School (1 - 2). That is the district boundary, not an attendance-zone lookup — confirm the assignment with the district.
The market
What do homes sell for in Effingham?
- 540 homes sold in Effingham in the last 24 months, at a median of $225,000 — recorded county transfers, not asking prices. The Effingham market page has the detail.
Buying it
Who is the listing agent for 405 E Market Avenue?
- Sherree Oliver of Shelby Realty Services, (217) 663-8354. Sherree has been to the property and answers questions about it directly.
Can I still view 405 E Market Avenue?
- 405 E Market Avenue in Effingham, IL is under contract, so further showings are at the seller's discretion. Call Shelby Realty Services on (855) 215-3400 to ask whether back-up offers are being taken and what else is available in and around Effingham.
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