Affordable c.1950 Illinois Rancher W/ AC and Possible Seller Financing Under $59K

OHU50K Notes $58,500

Affordable c.1950 Rancher W/ AC and Possible Seller Financing. First time home buyers should check out this one. Everything you need in a quaint three bedroom home.

Yard featured at 305 Fife St, Carrier Mills, IL, 62917

Realtor Comments

3 bedroom, 1 bath home with a 1 car attached garage and a detached garage! This home has gas heat and central A/C. Seller’s name is The Secretary of The United States Department of Veterans Affairs. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions: Lender pre-approval letter for all financed offers (dated within 30 days) This property MAY qualify for Seller financing. (Vendee). If property was built prior to 1978, Lead Based Paint Potentially Exists. This home failed a pressure test at winterization and no water will be turned on for a buyers inspection or appraisal.

3 beds
1 bath
1,440 sqft
Build date 1950

Yard featured at 305 Fife St, Carrier Mills, IL, 62917

If interested in a property, pleases 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.

305 Fife St, Carrier Mills, IL 62917 $58,500

Contact Realtor: Paula Arpasi
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Yard featured at 305 Fife St, Carrier Mills, IL, 62917

More featured at 305 Fife St, Carrier Mills, IL, 62917

Pros

Very affordable housing. Recent estimates put the median home value around $64,000, with median gross rent around $500/month—dramatically below Illinois averages.
Quiet, rural environment. The village had about 1,672 residents in the 2020 Census, so you’re getting a genuinely small-town setting rather than a suburb.
Outdoor recreation is a real strength. and the nearby provide fishing and outdoor/off-road recreation.
Basic necessities are available locally. For a town this small, there is a grocery store such as , restaurants, gas/convenience stores, and local medical services including .
Convenient access to larger nearby communities. Harrisburg is close enough to provide additional shopping, employment, healthcare and other services without living in a larger town yourself.
Housing costs are particularly attractive for retirees or people bringing outside income. Saline County’s 2020–2024 median home value was only $94,300, and median rent was $726.

Cons

Limited employment opportunities. Carrier Mills is very small, and the surrounding county has a relatively modest economic base. Saline County had only about 5,500 total jobs in 2023.
Higher poverty than you’d probably want to see. Estimates put Carrier Mills’ poverty rate at roughly 25% in 2024

Yard featured at 305 Fife St, Carrier Mills, IL, 62917