508 S Jefferson Street

Armington, IL
$ 59,000 Beds 5 Baths 2.5 Sq 2,300
Monthly Estimate* How much can I afford?

Built in 1977 by Andy "Caveman" Davis to combat rising energy costs, this original earth-sheltered home in Armington offers over 2,300 square feet of highly efficient underground living space. Integrating directly into the landscape with an undulating concrete exterior and bermed roofline, the home was engineered for natural climate control long before modern eco-building trends. Inside, the property features a distinctive architectural aesthetic with ceilings and arched corridors covered in river rock, which the Davis family hand-collected during annual trips to Colorado. Currently presenting as a massive blank slate, the structural footprint provides the framework to finalize a 5-bedroom, 2.5-bathroom layout. For those evaluating multi-family utility or looking to add a unique asset to a rental portfolio, the property is already equipped with two separate electric meters, streamlining a potential duplex conversion. Whether restored as a unique cave house - single-family residence, an income-producing Airbnb, or a multi-unit property, the opportunities are endless. The sale includes two brand-new, uninstalled Argon gas circular windows (a $15,000 value) for the new buyers to replace the old windows down the road.

New

  • Price
  • $ 59,000
  • City
  • Armington
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • TAZEWELL
  • Half Bathrooms
  • 1
  • Area
  • Armington
  • Lot Size
  • 0.33 Acres
  • Zip
  • 61721
  • Sqr Footage
  • 2,300
  • Year Built
  • 1977
  • Taxes
  • $ 1857
  • Style
  • MLS#
  • 12767551
Listed By: HomeSmart Realty Group Illinois
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 2300
Sewer Septic Tank
Heating None
Cooling None
Possession Closing
Association Fee Includes None
Architectural Style Other
Construction Materials Concrete
Year Built 1977
Township Hittle
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Tazewell
New Construction No
Property Type Residential
Subdivision Name Not Applicable
Total Rooms 8
Full Baths 2
Status New
Directions East On 136 from McLean,turn Right on to 136,Turn Left on East 3rd St when entering town,Turn Left on S Jefferson,drive all the way down and continue driving past the gravel road.
High School Olympia High School
City Armington
High School District 16
MLS Area Armington
Elementary School Olympia Elementary
Tax Annual Amount 1857
Middle/Junior High School Olympia Jr High School
Standard Status Active
Middle/Junior School District 16
Elementary School District 16
Property Type Detached Single

Interior Features

Basement None
Half Baths 1
Total Bedrooms 5
Room Type Bedroom 5
LivingAreaSource Estimated
Total Baths 3
Bedrooms Possible 5

Exterior Features

Parking Features Yes,Owned
Water Source Public
Total Parking 6
Lot Dimensions 120x120x120x120
Lot Size Acres 0.33
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Chicago, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Olympia Elementary
Middle School Olympia Jr High School
High School Olympia High School

Price History

9/24/2026 Listed $59,000

Property vs Zip Code Average in 61721

Price
AVG $60K
$60K
Taxes
AVG $1,857
$1,857
Year Built
AVG 1946
1977

Areas That We Cover

508 S Jefferson Street Armington, IL is a Single Family Home for sale at $59000 with 2300 sqft and a lot size of 0.33 Acres Acre(s). 508 S Jefferson Street Armington has 5 bedrooms, 2 baths and was built in 1977. The property's zip code is 61721 which is in Armington, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.