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3 Beds
1 Bath
1,454 sqft

$169,000

406 W 3rd Street, Braidwood IL, 60408

Price per sqft$116.23
Built in1974
Property size1,454 sqft
Property typeResidential
Listed by James Ludes with Hexagon Real Estate 815-712-7786

Overview

Under contract

Contingent

Listed Sep 10, 2026

Updated 2 weeks ago

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.

$1,124/mo

Est. mortgage payment based on a $169,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12755551

Interior Features

Bedrooms
3
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.97 Acres

Other Property Details

Taxes
$4,194
Tax Frequency
Annually
Municipality
Reed
MLS provider logo

Listed by James Ludes with Hexagon Real Estate 815-712-7786

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Chris Piercy are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 6:43 AM UTC on 10/9/2026. 

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