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Braidwood 60408
406 W 3rd Street
$169,000
● House - In Contract

406 W 3rd Street

Braidwood, IL 60408
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,454 Ft²
$1,180
Est. Monthly

About This Property

Situated on 1.97 acres, this 1,454-square-foot home offers three bedrooms, one full bathroom and a pole building... all within Braidwood city limits. This is an uncommon combination of usable land and outbuilding space without sacrificing the convenience of an in-town location. The property is located in the Reed-Custer School District and offers convenient access to I-55, making travel throughout the surrounding communities and Chicagoland area considerably easier. The condition of the home should not be understated. It requires extensive renovation and is best suited for a buyer prepared to undertake a significant rehabilitation, complete reimagining or potentially start fresh with new construction. This is more than a cosmetic fixer-upper, but the size, location and setting of the property create possibilities that extend well beyond the existing structure. With nearly two acres to consider, a prospective buyer may also wish to investigate whether the parcel could be divided to accommodate an additional homesite (or homesites)... or potentially multiple homesites (subject to zoning, municipal approval, utility availability and all other applicable requirements.) Restore what is here, create something entirely new or explore the property's broader potential. This distinctive in-town opportunity gives the buyer with the right resources and vision plenty of room to think beyond the ordinary.
Unit Size
1,454 Ft²
Days on Market
-
Land Size
1.97 acres
Price per sqft
$116
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
-

Listed By

Jim Ludes
Hexagon Real Estate

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Property Highlights

Air Conditioning
Parking Details
Has Open Parking
Parking Features: Gravel
Interior Details
Full Bathrooms: 1
Interior Features: High Ceilings, 1st Floor Bedroom, 1st Floor Full Bath
Appliances: Range, Refrigerator, Washer, Dryer
Flooring Type: Carpet
Laundry Features: Main Level, In Unit
Rooms: 7
Basement: Crawl Space
Exterior Details
Square Footage: 1454
Year Built: 1974
Other Structures: Outbuilding
Window Features: Screens
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck
Lot Features: Level, Mature Trees
Lot Size Area: 85813.2
Lot Size Units: Square Feet
Lot Size Acres: 1.97
Lot Size Square Feet: 85813.2
Lot Size Dimensions: 291.1 x 312.9 x 290.5 x 311.5
Water Source: Public
Financial Details
Tax Annual Amount: $4,194
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 85,735
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHICAGO WILMINGTON COAL COMPANY SUB
  • Land Acres: 0000001970
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: REMAINDER AFTER DIV PER PET.#91-151 NDA: THE S1/2 OF LOT 5 ALL OF LOTS 8 9 IN BLK 24 IN CHICAGO WILMINGTON CAOL CO'S SUB O

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 884003

Geography

  • Parcel: 02-24-08-104-015
  • Block: 24
  • Lot: 5,8
  • Meridian: SEC 08 TWN 32N RNG 09E
  • Municipality: REED TWP
  • Latitude: 41.2713
  • Longitude: -88.2249

    Address

  • Full Address: 406 W 3rd St
  • Address - House Number: 406
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Braidwood
  • Carrier Code: C001
  • 4-Digit Zip Code: 1520
  • Zip Code: 60408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $330,608
  • Tax Rate Code Area: 0207

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 208,176
  • High Value: 232,141
  • Low Value: 184,210

    Market Valuation

  • Market Total Value: $161,796
  • Market Land Value: $69,231
  • Market Improvement Value: $92,565

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,932
  • Assessed Land Value: $23,077
  • Assessed Improvements Value: $30,855

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Braidwood


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 405 E Reed Street, Braidwood, IL, 60408

$1,200 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
405 E Reed Street #3, Braidwood, IL, 60408 Listing by Gino Picciola


Frequently Asked Questions

When was property at 406 West 3rd Street built and last sold?
The property at 406 West 3rd Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 406 West 3rd Street is $180,391.
What are some comparable homes to 406 West 3rd Street?
There are currently no comparable homes to 406 West 3rd Street.