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Listing provided courtesy of RE/MAX ChoiceMREDas Distributed by MLSGrid- MLS# 12687491MLS Provider

316 S School StreetColfax, IL 61728

Single Family · 3 Beds · 1 Full Bath · 2,292 Sq. ft.
$159,000 Active

316 S School Street Overview

Time on Site:
5 days
Visits:
0

Ranch Home with Expansive Yard in Colfax! Welcome home to This 3-bedroom, 1-bathroom single-family ranch offers the perfect blend of small-town charm and modern convenience. Life time metal roof and solar panels for low low electric bills, and handicap ramp and electric chair lift to basement.This home features wood flooring throughout all three comfortable bedrooms, a spacious 23x12 living room perfect for entertaining, and a cozy kitchen with a dedicated table space area. Step downstairs to find a large, usable, unfinished basement offering incredible potential for storage, or a future recreation Outdoors: 0.28-acre fully fenced-in backyard, providing the ultimate private oasis for children, pets, or weekend barbecues. Situated in a fantastic, highly walkable location, you are just a short stroll (0.2 miles) from the local Ridgeview elementary, junior high, and high schools. Schedule your tour today!

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316 S School Street Facts & Features

  • Type Single Family
  • Sq. ft. 2,292
  • Price/Sq.ft. $69

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 19
  • Elementary School: Ridgeview Elementary School
  • Middle Or Junior School: Ridgeview Jr High School
  • High School: Ridgeview High School

Building Information

  • New Construction: No
  • Year Built: 1959

Location/Region

  • County Or Parish: McLean
  • MLS Area Major: Colfax
  • Subdivision Name: Not Applicable
  • Township: Colfax

Tax Information

  • Tax Annual Amount: $1,244.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1703432015
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 1146
  • Disability Access: No
  • Total SqFt.: 1146
  • Unfinished Lower SqFt.: 1146

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

General Information

  • Basement: Unfinished, Full
  • Cooling: Central Air
  • Heating: Natural Gas
  • Living Area: 2292
  • Living Area Source: Assessor
  • Rooms Total: 5

Exterior

Parking Information

  • Parking Features: Yes
  • Parking Total: 3

Lot Information

  • Lot Size Dimensions: 70 x 174
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Ranch
  • Construction Materials: Vinyl Siding, Brick

General Information

  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 12X11

Room: Bedroom 3

  • Level: Main
  • Dimensions: 12X10

Room: Kitchen

  • Level: Main
  • Dimensions: 13X12

Room: Living Room

  • Level: Main
  • Dimensions: 23X12

Room: Master Bedroom

  • Level: Main
  • Dimensions: 15X12

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Dining Room

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

316 S School Street Neighborhood

Community

61728 (COLFAX) Demographics

36
Median Age
19
Population Density (per sq. mile)
36%
College Educated
$61,167
Estimated Median Income
330
Estimated Total Home Owners
102
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

316 S School Street Monthly Cost

$
$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

316 S School Street Market Data

Based on the last 30 days in this zip code

$264,125
Average List Price
$127
Average Price per Square Foot
3
Properties Sold
40
Average Days on Market
4
Properties for Sale
Calculations provided by Reliance Network

316 S School Street History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Added to Database
June 24, 2026