
$48,500
Buy Now
Closing costs run 1% to 3% and cover owner's title insurance, settlement or escrow fee, recording fees. Financing costs are excluded. Transfer tax is excluded: rates run 0% to 4%+ and who pays is set by local custom and negotiable.
1920 built single family, 3 bed 2 bath, 1,730 square feet in Lacon Illinois with front porch and garage, FHA financing available as uninsured property. Owner occupants and flippers typically pursue these older homes for primary residence or rental rehab plays in small Midwest towns. Inspect foundation and framing for age-related deterioration, verify actual square footage and garage condition, and confirm what repairs or code violations triggered the uninsured FHA status.
AI summary of the seller's listing; it may occasionally contain inaccuracies. Check the full description and inspect before bidding.
Lacon, IL 61540
Open in Google MapsHUD (U.S. Department of Housing and Urban Development)
Seller on HUD Home Store
Based on 144 comparable similar sold lots.
Median sold
$119,550
Pro shows the typical range and your estimated resale margin.
Unlock with ProEstimates from comparable past auctions. Excludes transport, buyer fees, and resale markup. Not investment advice.

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