illinois home

c.1895 Four Bedroom Illinois Home For Sale $159K

$159,000

This 4-bedroom, 1.5-bathroom Illinois home stands as a stunning tribute to a bygone era of craftsmanship. From the welcoming formal dining room to the grand staircase, the interior showcases exquisite original woodwork, classic pocket doors, and timeless built-ins. The centerpiece of the living space is a magnificent fireplace framed by beautiful, original decorative tileโ€”perfectly highlighting the homeโ€™s rich architectural history and enduring character.

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Realtor Comments

Timeless character and craftsmanship shine throughout this charming 2-story Lacon home!ย The spacious walk-up attic offers endless possibilities for future finished living space. Situated on a large corner lot with an additional lot included, the property also features a 2-car detached garage. Being sold as-is, this is a rare opportunity to own a home filled with historic charm and incredible potential.
  • 4bd
  • 1.5ba
  • 2,056sqft
  • 0.5acre lot
  • Circa 1895

More Illinois Properties

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214 S Fulton St, Lacon, IL 61540

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.ย 

Contact Realtor: Erin Winstead

Google Maps

Niche

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The Pros

  • Exceptional Housing Affordability: The absolute biggest draw to Lacon is its highly accessible real estate market.With median home values sitting well under the national and state averages, it is a fantastic location for first-time buyers, investors, or retirees looking to stretch their dollar. You will find a distinct mix of pre-war historic homes alongside mid-century ranches.

     

  • Riverfront Charm & Outdoor Recreation: Sitting right on the Illinois River Byway, Lacon offers beautiful waterfront views and great local outdoor amenities. The Lacon Marina provides easy boat access, and the nearby areas are popular for fishing, waterfowl hunting, and boating. Johnsonโ€™s Grove Park also adds local green space with a disc golf course and playgrounds.

     

  • A Safe, Tight-Knit Community: Crime rates in Lacon are remarkably low, significantly beating national averages.It features a stable, slow-paced atmosphere where neighbors know one another. Annual traditions like the Old Settlers’ Celebrationโ€”which has been running every summer since 1870โ€”keep the community tightly bonded.

     

  • Solid Local Schools: For a small rural town, the public schools serving the Lacon area are well-regarded, consistently earning above-average marks for the region and receiving solid community support and facility investments.

     

The Cons

  • The 30-Minute Commute: There is very little major industry or large-scale commercial employment within Lacon itself. The average commute for residents is just over 30 minutes, as most working professionals have to drive down to the Peoria area (about 30 miles south) for corporate, healthcare, or industrial jobs.

     

  • Limited Shopping & Retail: While Lacon has a few local restaurants, bars, and basic grocery options, it completely lacks major retail, big-box shopping, and diverse dining choices. For anything beyond everyday essentials, residents must cross the river or travel toward Peoria or Peru, IL.

     

  • Sluggish Local Economy: Like many small Midwestern towns, Lacon faces a stagnant local economy and a slightly declining population trend. The poverty rate sits a bit higher than the national average, and economic growth is slow, meaning it isn’t an ideal spot if you’re looking for a bustling, growing business environment.

  • Lack of Nightlife & Youth Amenities: The townโ€™s demographic skews older, with a high concentration of retirees. There is virtually no nightlife, modern entertainment venues, or diverse social programming for young single professionals or teenagers, which can make the town feel isolated or overly quiet.

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