Sweet c.1920 Three Bedroom Illinois Cottage With Lovely Woodwork $59,900
$59,900
Sweet three-bedroom, one-bath Illinois cottage with hardwood floors, transoms, lovely woodwork. The 1,564-sf home has an eat-in kitchen and a detached steel garage.

Realtor Comments
Step into timeless charm with this 1, 564 square foot home located in the heart of Mount Carmel. From the moment you enter, you’ll notice the warmth of original hardwood floors and stunning wooden trim that give the home a rich, classic feel. Updated vinyl windows bring in natural light while offering energy efficiency. A partial unfinished basement provides convenient additional storage space. Outside, a spacious 32×24 pole barn offers excellent storage, workshop potential, or room for hobbies. This character-filled property is being sold as-is, giving you the opportunity to make it your own. Dont miss the chance to bring new life to this charming home!
- 3bed
- 1bath
- 1,564sqft
- 9,583sqft lot
- Circa 1920

430 E 5th St, Mount Carmel, IL 62863 $59,900
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.
Contact Realtor: Brandon Properties Hodgson

Pros
-
🤑 Very Affordable Cost of Living & Housing
Median home prices are around $75 k–$88 k, with rents near $750–$850/month—over 65 % below national averages. The overall cost of living runs about 25 % lower than the U.S. average -
🏡 Tight-Knit, Friendly Small Town
Residents describe a close community atmosphere where “everyone knows each other,” with active local events and strong neighborly ties -
🌳 Access to Natural Amenities
With parks, trails, and easy access to the Wabash River, the area supports outdoor recreation like fishing, boating, and walking -
📚 Local College Presence
Home to Wabash Valley College (part of Illinois Eastern Community Colleges), which brings educational and cultural opportunities -
🚗 Decent Commute, Car-Friendly
Average commute about 18–19 minutes. While public transport is minimal, the town is easy to navigate by car
⚠️ Cons
-
💼 Limited Job Market & Low Income Levels
Employment opportunities are sparse and mostly in local small businesses or industry across the river in Indiana. Median household income (~$41 k) falls well below state averages -
📉 Declining Population & Teacher Retention Issues
Population has dipped slightly in recent years. Schools face staffing challenges, with teacher turnover and declining test scores noted by residents -
❌ Limited Amenities & Entertainment
Few dining, shopping, or cultural venues; residents often mention scarcity of restaurants and social options -
👩🏫 School Quality Concerns
Public education receives low marks—weak test proficiency, teacher motivation issues, and occasional budget cuts . -
🌪️ Weather & Regional Risks
While tornado risk is notable, other natural hazards are low. Summers tend to be hot, winters mild

















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