Illinois Home for Sale Listed for Less Than $20K has 8 Huge Bedrooms
Looking for a new place to live that offers plenty of room for the family?
First things first, this home needs work. It is the opposite of move-in-ready.
However, it's not like it needs to be gutted but a little TLC can go a long way.
On the other hand, this might not even be a property you yourself move into. It could also be a great investment home that you could work on and flip for a nice buck.
It's just not often you see an eight-bedroom home built in 1900 going for less than $20,000.
Of course, the first thing you should ask is "What's wrong with it?" To me, it looks like it definitely needs fresh paint and the carpets need to be pulled up. The outside could probably use roofing and siding.
I'm also not sure what's going on with the duplex next door. Does it need to be leveled or can it be fixed up and rented out?
Along with the absurd amount of bedrooms, there are also three bathrooms on nearly a quarter acre of land.
The home was originally listed in April of 2021 for two times what the owner currently wants for the property.
So if you're looking for a place for the family or just a great investment property, you can't go wrong.
According to realtor.com, it appears the monthly payment is only $118 a month. For that amount, even a novice home flipper should think about scooping it up.