507 Terrace Lane — Washburn, IL 61570
Active
Washburn, IL 61570

507 Terrace Lane

$289,000
4 beds · 3 baths · 1,932 sqft
Listed at $289,000 18 days on market $5,701/yr taxes
01About this home

Move-in ready and nestled in a desirable cul-de-sac, this spacious 4-bedroom, 2.5-bath home offers the perfect blend of comfort, functionality and room to grow. A welcoming front porch sets the tone, inviting you into a well-designed floor plan. The main living area offers 1,932 square feet of living space, while the finished walkout basement adds an additional 906 square feet, bringing the total to an impressive 2,838 square feet. The lower level includes its own bedroom and full bath, making it perfect for guests, extended family, or a private retreat. Very nice kitchen that overlooks the beautiful back yard. An office is conveniently located off the dining room and kitchen - ideal for working from home or managing daily tasks. Outside you'll enjoy a large yard with plenty of space for recreation, gardening or entertaining. Relax on the patio or gather around a fire pit for memorable evenings with family and friends. Just a short walk to the local park through a walking trail from the subdivision. Commutable distance from Peoria, Bloomington-Normal and Lasalle-Peru. With generous living space, versatile rooms, and a fantastic location, this home is ready for its next owners to move right in and enjoy.

02Inside the home
03By the numbers
$289,000
List price
1,932
Square feet
4
Bedrooms
2 full / 1 half
Bathrooms
1978
Year built
0.38 ac
Lot size
2
Garage spaces
$5,701
Annual taxes
Detached Single
Style
18
Days on market
04Features
Heating
Natural GasForced Air
Cooling
Central Air
Appliances
Double OvenMicrowaveDishwasherRefrigeratorWater Softener OwnedElectric Cooktop
Parking
ConcreteGarage Door OpenerGarage OwnedAttachedGarage
Construction
Aluminum Siding
Equipment
Water-Softener OwnedCO DetectorsCeiling Fan(s)Fan-Whole House
Sewer
Public Sewer
05Neighborhood
This home EElementary schoolMMiddle schoolHHigh school
E Elementary school
Lowpoint-Washburn Elementary
Washburn, IL
📍0.8 mi🚗2 min🚶19 min
M Middle school
Lowpoint-Washburn Jr High
Washburn, IL
📍0.7 mi🚗2 min🚶16 min
H High school
Lowpoint-Washburn High School
Washburn, IL
📍0.7 mi🚗2 min🚶16 min
  • Nothing surfaced nearby in our maps data.
  • Nothing surfaced nearby in our maps data.
  • Grant Ireland Memorial Park 850 ft
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 1, 2026
Listed for saleThis listing
Landmark Realty of Illinois LLC
$289,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
Listed by Landmark Realty of Illinois LLC · Eric Johnston · 815-866-7414
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12663088
Talk to an agent