This home's estimate is 45.7% lower than the average sale price ($198K) of 6 comparable homes.
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5560 E Loami, Chatham, IL 62629
About this home
Have you been looking for some acreage out in the country, but yet close to everything. This home is sitting on 1.5 acres and ready for the new owners to come in and give the home a new facelift. Home is a total renovation but has some great potential for that right individual. Part of the home has extensive fire damage due to a space heater and is not livable, will need to be totally renovated, do not walk in this area. The previous tenant that lived in the home had started with some renovations, so some of your work has already been started. The opportunities are endless. Home is sold as is - seller will not pay for any repairs, inspections, etc. Shed in back yard will stay with property. Three sides of property are surrounded by farm fields. The beginning of the driveway is a partial shared driveway, but there is plenty of room to make your own separate drive way to give you even more privacy. MLS information pulled from various sources. Buyer's/Buyer's Agent should verify.
Redfin Estimate
Market trends in 62629, IL
Last updated August 2026
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Provided by Redfin
Sale history for 5560 E Loami
Tax history for 5560 E Loami
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Covered Spaces: 0
- Parking Total: 0
- Parking Features: Off Street
- Carport Spaces: 0
Interior
- Bedroom Information
- # of Bedrooms: 2
- # of Bedrooms Main: 1
- Bathroom Information
- # of Full Baths (Total): 1
- # of Main Level Bathrooms (Total): 1
- # of Main and Upper Bathrooms: 1
- Main Level # of Full Bathrooms: 1
- Basement Information
- Basement Features: Crawl Space
- Other Rooms Information
- # of Rooms: 5
- Heating & Cooling
- Has Heating
- Heating Information: Radiator(s)
- Cooling Information: Wall/Window Unit(s)
Exterior
- Building Information
- Construction Materials: Vinyl Siding
- Property Information
- Ownership Type: Private
- Property Type: Residential
- Property Sub Type: Residential
- Other Structures: Shed(s)
- Above Grade Finished Area: 1,487
- Above Grade Finished Area Source: Other
- Below Grade Finished Area Source: Other
- Lot Information
- Lot Features: Backs to Open Grnd, Level Lot
- Lot Size Acres: 1.5
- Lot Size Dimensions: 1.5 acres
- Lot Size Source: County Records
Financial
- Tax Information
- Tax Annual Amount: $1,021
- Tax Year: 2019
Utilities
- Utility Information
- Water Source: Public
- Sewer: Other
Location
- School Information
- Elementary School: CHATHAM DIST 5
- Middle Or Junior High School: CHATHAM DIST 5
- High School: CHATHAM DIST 5
- High School District: CHATHAM DIST 5
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 1.51 acres
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Sangamon County
- APN: 28150100005
Other
- Home Information
- Living Area: 1487
- Levels: Two
Around this home
Schools
Public K-4 • Assigned • 2.3mi
Public 7-8 • Assigned • 4.9mi
Public 9-12 • Assigned • 3.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 105° expected this year, 20 days in 30 years
3% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
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Nearby similar homes
New listings for sale in 62629
Home values near 5560 E Loami
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1166 Sq. Ft. | $96,610 |
3 Beds | 2.5 Baths | 2827 Sq. Ft. | $490,164 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 3.5 Baths | 5013 Sq. Ft. | $629,090 |
3 Beds | 2 Baths | 1340 Sq. Ft. | $239,954 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 4 Baths | 4200 Sq. Ft. | $582,699 |
3 Beds | 2 Baths | 1661 Sq. Ft. | $241,717 |
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