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$199,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,454 Sq. Ft.
  • Updated 1 hour ago
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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.

Full Property Details for 406 W 3rd St

General

  • Price: $199,000
  • Taxes: $4,194 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12755551

Rental Information

  • Complex Features: Park, Street Lights, Street Paved

Interior

  • Basement: Cellar
  • Interior Features: 1st-Floor Bedroom, 1st-Floor Bath, High Ceilings
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Flooring: Carpet

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Equipment: Ceiling Fan(s)
  • Other Features: School Bus Service, Interstate Access

Parking

  • Parking Features: Gravel

Location

  • Area: Braidwood
  • County: Will
  • Township: Reed
  • Driving Directions: Division St to W. 3rd St, east to home (on left)

School Information

  • School District: 255U
  • Elem School District: 255U
  • Midd School District: 255U
  • High School District: 255U

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Cellar
  • Foundation: Block
  • Roof: Asphalt
  • Windows: Screens
  • Sub-Flooring: Carpet
  • Square Feet: 1,454
  • Sq. Ft. Source: Taped
  • Year Built: 1974
  • Built Before 1978: Yes

Additional Structures

  • Other Structures: Outbuilding

Lot Features

  • Lot Size (Acres): 1.97
  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 291.1 x 312.9 x 290.5 x 311.5
  • Lot Features: Mature Trees, Level

Financial Considerations

  • Assessment Year: 1974
  • Tax Amount: $4,194
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 224081040150000

Listed by Hexagon Real Estate

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— 406 W 3rd St —

  • Hexagon Real Estate

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 406 W 3rd St

School District:Reed Custer Community Unit School District 255u
NameGradesDistance
Reed-Custer Intermediate School
162 South School Street, Braidwood, IL 60408
PK-50.6 mi
Reed-Custer Middle School
407 Comet Drive, Braidwood, IL 60408
6-81.4 mi
Reed-Custer High School
249 Comet Drive, Braidwood, IL 60408
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 406 W 3rd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,194
—
$72,263
9%
2025
$4,194
18%
$66,357
12%
2023
$3,563
8%
$59,433
10%
2022
$3,306
—
$53,932
5%
2022
$3,306
10%
$51,476
6%
2020
$3,015
6%
$48,769
6%
2019
$2,834
4%
$46,052
5%
2018
$2,717
2%
$44,068
2%
2017
$2,663
3%
$43,204
3%
2016
$2,588
2%
$41,783
3%
2015
$2,525
1%
$40,704
—
2014
$2,490
-1%
$40,704
-7%
2013
$2,513
-1%
$43,534
-5%
2012
$2,542
—
$45,705
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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406 W 3rd Street, Braidwood, IL 60408 (MLS# 12755551) is a Single Family property with 3 bedrooms and 1 full bathroom. 406 W 3rd Street is currently listed for $199,000 and was received on September 10, 2026. Want to learn more about 406 W 3rd Street? Do you have questions about finding other Single Family real estate for sale in Braidwood? You can browse all Braidwood real estate or contact a Coldwell Banker agent to request more information.

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