Value-add opportunity in the heart of Albion! Welcome to 140 S 4th St, a 3-bedroom, 1 and a half bath home with additional potential and plenty of character. Built in 1960, this property is ideal for an owner-occupant looking to build equity through updates or an investor seeking a home with strong upside after renovation. The main floor features two bedrooms, one full bathroom, a spacious living/dining area, and an eat-in kitchen with generous cabinet storage. The home offers charming architectural details throughout, including hardwood floors, wood trim, arched openings, built-ins, unique ceiling lines, and warm second-floor wood paneling that gives the property character you do not often find in newer homes. Upstairs, you will find a flexible bonus room that could serve as a family room, playroom, office, hobby space, or additional lounge area, along with a third bedroom. The full unfinished basement provides extra storage and utility space, plus a below-grade half bathroom that is waiting to be finished, adding even more future functionality. Outside, the property includes a detached 2.5-car garage with plenty of room for parking, storage, tools, or workshop use. The corner lot is over a quarter of an acres, giving the home a comfortable yard and usable outdoor space. Located near the main part of Albion, this property offers convenient access to local shops, services, schools, community amenities, and the small-town charm that makes Albion a desirable place to call home. This home is being sold as-is and is ready for its next owner to bring vision, updates, and TLC. Whether you are looking for a personal home with equity potential or your next investment project, this diamond in the rough is definitely worth a look.
Nicely updated 2-bedroom, 1-bath home featuring beautiful woodwork, refinished hardwood floors, and a spacious layout. The large kitchen offers abundant cabinet and counter space with an opening to the dining room. Recent improvements include a brand-new high-efficiency Payne furnace and central air system, new water heater, and updated wiring. Additional features include a partial unfinished basement, covered front deck, detached 20'x28' garage, brand-new wood fence, cedar-lined closet, and included kitchen appliances plus washer and dryer. A great blend of character and recent updates!


Albion is located in Illinois. Albion, Illinois 62806has a population of 2,122. Albion 62806 is less family-centric than the surrounding county with 28.6% of the households containing married families with children. The county average for households married with children is 28.75%.
The median household income in Albion, Illinois 62806 is $48,603. The median household income for the surrounding county is $55,833 compared to the national median of $69,021. The median age of people living in Albion 62806 is 38.4 years.
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 22.2 degrees. The average rainfall is approximately 45.8 inches per year, with 11.2 inches of snow per year.