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1016 State Street Colona, IL 61241 • Residential - Single Family • Active

  • 1016 State Street, Colona, IL 61241 Main Photo

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Description

3 bedroom 1 bath home in need of a lot of work. Detached concrete block 2 car garage with single car door that needs the roof replaced. Property has been dejunked and secured. Large wooded lot that backs to tree line, recreational trail and the Green River. Great rehab flip opportunity in the quiet town of Colona Illinois.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 2,046
Built in 1931
School District: District 190

General Information

Bedrooms: 3
Bathrooms: 1
Sqft: 2,046
County: Henry
Listed By:
Cornerstone Partners QC - Real Broker, LLC 563-424-3499
MRED MLS

Room Information

Bedroom 2: 11X14
Bedroom 3: 11X13
Dining Room: 11X13
Kitchen: 9X13
Laundry: 8X11
Living Room: 13X19
Primary Bedroom: 11X15
$29,700
Est. $301/mo
3beds
1baths
2,046sqft
Active
BEDS3 BATHS1 full SQUARE FEET2,046 MLS#12755564
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLDistrict 190

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1016 State Street, Colona, IL 61241.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $29,700$29,700$29,700
Down Payment $5,940$1,040$7,425
Monthly Mortgage Amount $160$196$196
Taxes $41$41$41
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$13$0
Monthly Estimated Total $301$350$337

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About this area

Illinois/Colona
Colona

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About Colona

Colona, IL is a quiet, close-knit community located in Henry County, just a short drive from the Quad Cities. Known for its small-town charm, peaceful atmosphere, and easy access to outdoor recreation, Colona offers a relaxed lifestyle with a strong sense of community. Residents enjoy the scenic beauty of the nearby Hennepin Canal Parkway State Trail, as well as local parks, fishing spots, and family-friendly events throughout the year.

Real estate in Colona primarily consists of single-family homes situated on spacious lots, offering plenty of room for outdoor living. Buyers will find a variety of property styles, from cozy ranches and classic two-story homes to newer construction with modern features. Many homes include garages, porches, and large yards, making them ideal for families or anyone who values space and privacy. The area also presents opportunities for vacant land and custom builds for those seeking a more personalized home environment.

Colona’s affordability, convenient location, and welcoming atmosphere make it an appealing option for first-time buyers, downsizers, and commuters working in nearby cities. With a solid mix of established neighborhoods and newer developments, Colona provides a balanced real estate market and a strong sense of place for those looking to call it home.

If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Colona, IL. You can also contact us—we are here to help!

About this community

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