c.1912 Three Bedroom Illinois Home For Sale Under $150K

c.1912 Three Bedroom Illinois Home For Sale. There are so many unique details in this house it’s hard to pick a favorite.

504 E Jones St, Milford, IL 60953  $149,900

• Contact Realtor: Tim Smith
• Google Map
• Niche

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Pros

• Very Affordable Living

• Cost of living is 21–26% below the U.S. average and about 18–22% below Illinois overall. Estimated monthly living costs are around $1,800 for a single person and $1,230 for a family.

• Median home values range from $60–78K, and two-bedroom rent runs just around $637–710/month—significantly below national and state averages.

• Low Overall Crime Rates

• Overall crime is about 49% lower than the Illinois average, with both violent and property crime rated A or A+ by AreaVibes.

• Majority Homeownership & Stable Community

• Roughly 74% of households are owner-occupied, aligning with the national average and suggesting community stability.

• Homeownership rate even slightly above average at 74%, while renter occupancy is low (~26%).

• Above-Average School District

• Niche gives the public schools a B+ rating overall; small class sizes and strong community support stand out.

• Moderate Commute Times

• Average commute is about 23 minutes, with most residents driving alone.

• Outdoor & Pet-Friendly Spaces

• Nearby parks like Russell Park and trails around the Hubbard Trail Country Club, plus pet-friendly venues such as The Dog House Café and local dog owner clubs.

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Cons

• Lower Income & Higher Poverty

• The median household income

• The poverty rate is elevated (~25%), about double state and national norms.

• Poor School Performance Metrics

• Despite a B+ overall rating per Niche, local standardized test scores and high school graduation rate (74%) fall well below state averages (graduation ~87%). Test scores around 36% vs. national average 48%.

• Limited Amenities & Infrastructure

• Few local amenities—little walkability to restaurants, shops, parks, or public transit; errands require a car.

• Limited healthcare access; few nearby hospitals or clinics result in a low health & safety score.

• Small, Mixed Economy With Few Job Options

• Jobs receiving a C+ grade: many residents commute or work in nearby towns. Local retail/service jobs dominate; difficult to find high-paying roles locally.

• Modest Online Ratings & Social Life

• Milford averages a 52% livability score on AreaVibes and limited user reviews mention little nightlife or community engagement.

• Limited Diversity

• Demographically, the village is ~91–92% White, with low representation from other ethnic groups. Diversity receives a C+ rating.

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