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406 W 3rd Street Braidwood, IL 60408 • Residential - Single Family • Price Change

  • 406 W 3rd Street, Braidwood, IL 60408 Main Photo

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Description

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.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,454
Lot Size: 1.97 acres
Built in 1974
School District: District 255U

General Information

Bedrooms: 3
Bathrooms: 1
Sqft: 1,454
County: Will
Listed By:
Hexagon Real Estate 815-986-9718
MRED MLS

Room Information

Den: 12X12
Mud Room: 8X9
Bedroom 2: 10X11
Bedroom 3: 15X9
Dining Room: 13X13
Kitchen: 12X15
Living Room: 14X13
Primary Bedroom: 19X11
$169,000
Est. $1,234/mo
3beds
1baths
1,454sqft
Price Change Price Reduced $20,000 on September 26th, 2026
BEDS3 BATHS1 full SQUARE FEET1,454 MLS#12755551
STATUSPrice Change PROPERTY TYPEResidential - Single Family SCHOOLDistrict 255U

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406 W 3rd Street, Braidwood, IL 60408.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $169,000$169,000$169,000
Down Payment $33,800$5,915$42,250
Monthly Mortgage Amount $899$1,104$1,104
Taxes $235$235$235
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$74$0
Monthly Estimated Total $1,234$1,513$1,439

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