2 For 1 - c.1916 Three Bedoom Illinois Home + 1 BR Home $49K

$49,000

2 for 1 homes for sale! The primary home boasts 3 bedrooms, 1 bath, and a versatile, oversized utility room that easily handles laundry, pantry items, and additional storage needs.

Realtor Comments

Two homes for the price of one! lNew roof in 2017. Big yard with a small storage shed in the back. The smaller home has 1 bedroom with 1 bath. Both need a little work. This is a perfect setup to live in one and rent the other. Located in the flood zone but seller has owned since 2005 and no flooding during that time. Utilities are off and seller will do no inspections. There is a survey with stakes in the ground.

3bd
1ba
1,080sqft
Circa 1916

More Illinois Properties

205 N Market St, Watseka, IL 60970

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

Contact Realtor: Sandy Boyer

Brokered by McColly Rosenboom

Google Maps

Niche

Pros

Highly Affordable Real Estate: The median home price in Watseka typically hovers between $100,000 and $140,000, which is well below both state and national averages. It provides exceptional purchasing power for first-time buyers or investors.
Low Overall Cost of Living: General day-to-day expenses—including housing, utilities, and property taxes—are significantly lower than in larger Illinois metro areas.
Low Crime Rates: Violent crime rates are low compared to regional and national benchmarks, giving the town a safe, quiet atmosphere.
Close-Knit Community: As a county seat, it functions as a local hub with a traditional small-town feel, local community events, and a relaxed pace of life.

Cons

Significant Flood Risk: Watseka sits at the confluence of the Iroquois River and Sugar Creek, making certain low-lying neighborhoods historically vulnerable to river flooding. Buyers must carefully check FEMA flood maps and factor potential flood insurance into budget calculations.
Limited Local Economy & Job Opportunities: Industrial and specialized corporate job markets within city limits are sparse. Many working residents commute to Kankakee, Champaign-Urbana, or work remotely.
Distance to Major Amenities: While basic necessities (groceries, local healthcare, small shops) are available, options for broader dining, high-end retail, and specialized medical care require driving to larger cities.
Lack of Public Transit & Entertainment: The area is entirely car-dependent. Nightlife, cultural venues, and entertainment options are minimal.