About This Home

This 3-bedroom, 1-bathroom single family at 406 W 3rd Street in Braidwood, IL is listed for $169,000 ($116 per sqft). Built in 1974, the home offers 1,454 sqft of living space on a 1.97 acres lot.

Key Features

  • Built in 1974
  • 1.97 acre lot

Property Details

1 story
1 full
1974

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$904/mo

20% down · 6.5% · 30 years

Principal$122
Interest$732
Insurance$49

Estimates only. Actual payments may vary.

Location

406 W 3rd Street

Braidwood, IL 60408

Features & Amenities

Interior Features

1st Floor Bedroom1st Floor Full BathHigh Ceilings

Property Details

Flooring

Carpet

Construction

Vinyl Siding

Outdoor Features

Deck

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

RangeRefrigeratorWasherDryer

Questions & Answers

This 3-bedroom, 1-bathroom single family at 406 W 3rd Street is listed at $169,000 ($116/sqft). The estimated monthly payment is $904 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1974, 1.97 acre lot. Interior Features: 1st Floor Bedroom, 1st Floor Full Bath, High Ceilings.

This property is listed by James Ludes and can be reached at (815) 712-7786.

JL

James Ludes

Agent at Ludes Real Estate, LLC

(815) 712-7786
Agent website

Listed by Ludes Real Estate, LLC · Broker phone: (815) 712-7786 · View on Broker Site · Broker website

MLS# 12755551· Source: Midwest Real Estate Data, LLC· 20 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

406 W 3rd Street, Braidwood, IL 60408

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