c.1935 Illinois Handyman Special For Sale $54,700
$54,700
This Illinois handyman special is ready for a fresh vision and a bit of TLC. Three bedrooms, one bath and a detached garage on a third of an acres lot.
Realtor Comments
This 3 bedroom 1 bath home is located on a large corner lot with an extra lot attached. A detached single car garage with extra storage space is located at the back of the lot. The carpeting has been ripped up and hardwood flooring was revealed. The hardwood needs to be refinished but it is in great shape otherwise. The house has newer windows and new kitchen base cabinets. The seller bought this home and has no knowledge of all the repairs needed. The partial basement was full of water, so some of the electrical was replaced in order to keep the sump pump running. It will need some plumbing and additional electrical work done. It will need kitchen appliances as well and some flooring, an HVAC system, amongst other things. If you want a large house with large rooms and has a lot of possibilities, this could be your next house or rental. Inspections are welcomed but water cannot be turned on and the electrical has been replaced from the main panel to the sump pump. Seller is selling as is where is with no warranties. Check out the possibilities!
- 3bed
- 1bath
- Circa 1935
501 S Dean St, Royalton, IL 62983
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
1. Very Low Cost of Living & Affordable Housing
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Overall expenses are roughly 20–28% below Illinois and U.S. averages
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Median home value is around $47–55 K, and rent averages $700/month, making it extremely budget-friendly .
2. Safe Community & Low Crime Rates
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Crime is about 50–60% lower than national averages
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Locals describe it as “safe” with a strong community vibe .
3. Close-Knit, Friendly Town Feel
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High ratings for safety, neighborliness, and sense of belonging
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A resident shares:
“It’s been a great place to raise my family… the community is close‑knit and friendly.”
4. Homeownership & Rural-Suburban Blend
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About 64–67% of residents own their homes
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Offers a quiet suburban-rural mix—ideal for families or retirees
❌ Cons
1. Limited Employment Opportunities & Low Income
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Median household income around $33–44 K—significantly below state and national averages
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Employment scores lower, with fewer local professional jobs available
2. Few Amenities & Long Commutes
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Amenities like stores, restaurants, and entertainment are sparse and often drive-dependent .
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Typical commute is around 32 minutes, with 0% public transit usage
3. Underwhelming Schools & Health Services
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School quality receives a C to F, with graduation rates below Illinois average (~75%)
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Health care facilities are limited—fewer doctors, hospitals, and pharmacies
4. Small, Declining Population
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Population just over 1,000, with slight decline over recent years
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The small size can mean less diversity and limited social/cultural activities
