c.1900 Four Bedroom Affordable Illinois Home Under $50K
$49,900
Situated on a corner lot in a charming residential neighborhood in Warsaw, this affordable Illinois home was previously utilized as a single-family home but also holds potential as a two-unit rental investment.
Realtor Comments
The main level consists of a kitchen with dining area, dining room, living room (possible bedroom), a bathroom with tub/shower combo, and a bedroom. The second level consists of a dining or living room, a kitchen with dining area, a bathroom with shower only, and 2 bedrooms. There is NG/FA heat and Central Air. Additional features include an enclosed side porch, an open front porch, and wooden deck on the side and back of the home. There is 2 car detached garage. A new roof was installed in 2024. Property will be selling in “AS IS” condition.
- 4bed
- 2bath
- Circa 1900
445 Wilcox St, Warsaw, IL 62379 $49,900
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.
Pros
- Small-Town Charm: Warsaw offers a friendly, close-knit community atmosphere, making it easy to connect with neighbors.
- Affordable Housing: The cost of living is generally low, with affordable housing options appealing to families and individuals.
- Outdoor Recreation: Proximity to lakes and parks provides ample opportunities for fishing, boating, and outdoor activities.
- Quiet Environment: A peaceful setting that’s ideal for those seeking a slower pace of life away from busy urban areas.
- Local Events: Community events and festivals foster engagement and celebrate local culture.
Cons
- Limited Job Market: Employment opportunities may be scarce, especially in specialized fields, often requiring commuting to nearby towns or cities.
- Fewer Amenities: Shopping, dining, and entertainment options are limited compared to larger urban centers.
- Public Services: Limited public transportation and healthcare facilities may be a drawback for some residents.
- Educational Resources: Schools may face challenges related to funding and resources, impacting educational quality.
- Weather Variability: Cold winters and hot summers may not suit everyone’s preferences.
