Cute c.1931 Illinois Handyman Special Under $40K
$39,900
Featuring a newer furnace and a prime location just minutes from the hospital and high school, this Illinois handyman special offers both comfort and convenience. Love the curb appeal. The property also has a detached garage, two bedrooms, one bath, 718-sf of easy to maintain living.
Realtor Comments
This property is eligible under the Freddie Mac First Look Initiative through 06/13/2025. Only owner occupied offers will be considered during this period. Seller will not complete any repairs to the subject property, either lender or buyer requested. Please see attached offer submission checklist before submitting an offer. Efficiently sized single-story 2-bedroom, 1-bath home featuring a full basement and a detached 1-car garage.
- 2bed
- 1bath
- Circa 1931
Pros
1. Affordable Cost of Living
Macomb boasts a cost of living approximately 16% lower than the national average and 18% lower than the Illinois average. The median home value is around $94,100, significantly less than the national median of $338,100. Renting is also economical, with two-bedroom units averaging $840 per month, which is 41.3% cheaper than the national average.
2. Low Crime Rates
The city experiences lower crime rates compared to national averages. Violent crimes are 68% lower, and overall crime rates are 59% lower than the U.S. average. Residents have a 1 in 109 chance of becoming a victim of crime, making Macomb safer than many other cities.
3. Educational Opportunities
Macomb is home to Western Illinois University, providing higher education options and contributing to the town’s cultural and intellectual environment. The local school district, Macomb Community Unit School District No. 185, serves approximately 2,007 students with a student-teacher ratio of 13:1.
4. Community and Cultural Events
The city hosts various local events and festivals that foster a strong sense of community. Residents can enjoy parks, recreational areas, and cultural attractions like museums and historical sites.
❌ Cons
1. Economic Challenges
Macomb has faced economic difficulties, with the job market decreasing by 7.4% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the U.S. average of 33.5%.
2. Educational Performance
While the presence of a university is a positive aspect, the local K-12 education system faces challenges. Only 19% of students are proficient in math and 25% in reading, indicating room for improvement in academic performance.
3. Weather Extremes
Macomb experiences a humid continental climate with four distinct seasons. Winters can be cold with moderate snowfall, and summers are warm and humid with frequent thunderstorms. These weather conditions may not appeal to everyone.
731 S Johnson St, Macomb, IL 61455 $39,900
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.
