Discover an incredible opportunity to invest in a c.1889 Three Bedroom Illinois Handyman Special for $55K! This charming property stands ready for its potential owner to transform it into a beautiful home, boasting an estimated after-repair value of $162,000. From spacious rooms to a large backyard, this handyman special offers the perfect canvas for your vision.
A beautifully designed three-bedroom, two-bath Illinois handyman special awaits at 216 Lasalle St, Streator, IL 61364. For just $55,000, this 1,550-square-foot bungalow is not just a house; it’s a vibrant opportunity ripe with potential. Home features include a detached garage, a lovely front porch, soaring 10-foot ceilings, crown molding, and a built-in china cabinet. Such elements add character and warmth to the living space, setting the stage for family memories.
A Property Packed with Potential
This home’s main area is composed of a massive family room and dining room, each contributing to a warm and inviting ambiance, perfect for gatherings. The custom kitchen showcases rich cedar walls and ceilings that highlight the home’s historical charm. With three oversized bedrooms and generous living space, the layout supports a lifestyle of ease and comfort. Plus, the upstairs features a sizable unfinished attic — imagine crafting a stunning 26×20 primary bedroom suite! That’s instant equity waiting to happen!
The property has been well cared for, with a water heater replaced in 2020 and a roof approximately 15 years old. With some love and renovations, this property can be made your own, offering the chance to build equity as it increases in value.
Community and Lifestyle in Streator
Streator is known for its community spirit and friendliness. It provides a low cost of living that appeals to families and individuals seeking budget-friendly housing. The town is enveloped in nature, with nearby parks and recreational areas perfect for outdoor enthusiasts. Hiking, fishing, and enjoying the fresh air are part of the lifestyle here. Furthermore, Streator’s historical charm, characterized by its well-preserved architecture, adds to the warm environment, making it a great place to call home.
Convenience is another key feature of Streator. Positioned strategically, residents can take a short drive to larger cities like Ottawa and Peru, providing easy access to additional amenities, job opportunities, and entertainment. This balance of small-town living with urban convenience benefits families and individuals alike.
Pros and Cons of Living in Streator
Every location has its advantages and challenges. Here’s a quick glance at what you can expect from living in Streator:
Pros:
- Affordability: Low cost of living, making the $55,000 property an attractive investment.
- Community Spirit: Access to a friendly, close-knit community.
- Access to Nature: Nearby parks for outdoor activities.
- Historical Charm: Enjoy the unique character of the town.
- Convenient Location: Short drive to Ottawa and Peru for work and entertainment.
Cons:
- Limited Job Market: Job opportunities may necessitate nearby commuting, especially in specialized fields.
- Fewer Amenities: Limited shopping and dining options may require travel for more choices.
- Public Transportation: Minimal public transport, making car dependency likely.
- Weather Variability: Cold winters and hot summers could be challenging for some.
- Population Decline: A decreasing population can impact community vitality and service availability.
For those considering an investment, opportunities like this don’t last long. The Illinois Handyman Special, with its commendable price and potential, exemplifies how homeownership can be within reach. Whether you're looking to create a family home or an investment property, this bungalow in Streator may be the perfect opportunity for you.
Act now, schedule your showing today, and unlock the potential of this charming handyman special that’s awaiting your personal touch! If interested, please reach out to the realtor linked below or feel free to contact an agent of your choice. Independent verification of details and status is always recommended.