Historic, Lake Access
1900 Nashville, Illinois House at 37% Below Zip Median — $129,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 6 | 1900 build, covered front porch, partial cellar, back porch frame; 980 sqft, 2BR/1BA |
| Condition | 25% | 7 | Bath updated 2024, AC 2022, newer windows — partial renovation, systems partially addressed |
| Price / Sq Ft | 15% | 5 | Listing $132/sqft vs zip median $127/sqft — slightly above median, thin data (8 comps) |
| Price vs. Market | 5% | 8 | $129K vs $206K zip median — ~37% below; strong discount signal despite thin market |
| Market Conditions | 5% | 7 | 46.6% price drops and 59-day DOM signal buyer's market; sale-to-list 97% neutral |
The price is what stops you. The zip median sits around $206,000, and this house is listed at $129,000. That gap is wide enough to matter, and it shapes everything else about how you look at the property.
What you're looking at is a two-bedroom, one-bath house built in 1900, 980 square feet, with a covered front porch and a partial cellar. Small, yes. But the porch is real and the house has been standing for 125 years, which tells you something about the structure even if it tells you nothing about the cosmetics.
Inside, the bathroom was updated in 2024, which is recent enough to count. The AC went in in 2022. The windows are newer replacements. So the basics have been touched: climate control, glass, the one wet room. That leaves the rest of the house in the category of partially addressed, which is an honest way of saying someone started and did not finish. The kitchen is described as updated in the agent listing, but there's no date on that, so take it for what it's worth.
Out back there's a framed porch structure waiting for screening. It's not a finished room. It's a project, and a manageable one if you want a second outdoor space that blocks bugs.
The cellar is partial, so think storage rather than anything habitable.
At 980 square feet, two bedrooms and one bath, this is a house for one person or a couple. A small family could make it work, but the square footage will feel it. The lot isn't described in detail, so you'd want to see how the space actually lays out before making assumptions.
What I-64 access actually means here is that St. Louis is reachable, and so is Fairview Heights. Carlyle Lake is in the region. Whether that matters depends entirely on what your life looks like.
The market in this area is running soft: nearly half of listings have seen price cuts, homes are sitting close to 60 days on average. You have room to negotiate. At $129,000, this house already comes in below where the market is landing. If you're willing to put in some work and keep your expectations calibrated to the size, the price gives you real room to land somewhere comfortable.
