Acreage, Garage, Finished Basement, Historic
1947 Ranch on Nearly an Acre with Vaulted Dining Room and Big Garage — $110,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 0.86 acres, attached 2-car garage, exposed beams, arched doorway, French doors, brick patio, 2 sheds |
| Condition | 25% | 6 | No system dates named; "make it their own" suggests cosmetic work; basement unfinished |
| Price / Sq Ft | 15% | 7 | Listing $92/sqft vs zip median $116/sqft — 21% below; thin 2-comp data, directional only |
| Price vs. Market | 5% | 8 | $110K vs $187K zip median — 41% below; thin single-sale zip, treat as directional |
| Market Conditions | 5% | 6 | DOM 96 vs median 54, 100% price drops signal — clear buyer's market conditions |
The lot is what stops you first. Almost nine-tenths of an acre in a small Illinois town, shaded by mature trees, with a brick patio out back that gets afternoon shade. Most houses at this price in this zip code sit on a normal town lot. This one has room to breathe, room for a garden, room for kids, room to do whatever you want with the back half of a property that feels more like a small park than a yard.
The house itself is a 1947 ranch, 1,194 square feet, three bedrooms and one bath. Modest on paper. But the dining room punches above its weight: vaulted ceiling, exposed beams, French doors looking out to the backyard. That room has some actual character. An arched doorway leads into the living room, which gets good light from a large picture window. The kitchen has a pass-through to the dining room and a laundry area on the main floor, which saves you from hauling baskets to a basement.
The third bedroom is listed as a bonus room off the living room, which usually means it functions a little awkwardly as a bedroom but works fine as an office or a playroom. The primary bedroom is described as large. Basement is unfinished, no systems dates in the listing, and the agent's phrasing about the new owner making it "their own" signals cosmetic work ahead. Go in expecting to spend some money.
The attached two-car garage is genuinely oversized, meaning there is room for actual vehicles plus tools or a workbench. Add two sheds in the yard and you have more storage than most people know what to do with.
At $110,000, this comes in roughly 21 percent below the per-square-foot median for the zip and about 41 percent below the median sale price, though that data is thin. It has been sitting for 96 days with at least one price drop. That is a buyer's market in plain terms. For someone who wants land, a real garage, and a house with a few interesting bones to work with, the price does most of the talking.
