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.
Property Details
Price:
$169,000
MLS #:
MRD12755551
Status:
Active Under Contract
Beds:
3
Baths:
1
Type:
Single Family
Neighborhood:
braidwood
Listed Date:
Sep 10, 2026
Finished Sq Ft:
1,454
Year Built:
1974
See this Listing
Schools
School District:
255U
Interior
Appliances
Range, Refrigerator, Washer, Dryer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Carpet
Heating
Natural Gas, Forced Air
Interior Features
1st Floor Bedroom, 1st Floor Full Bath, High Ceilings
Laundry Features
Main Level, In Unit
Exterior
Community Features
Park, Street Lights, Street Paved
Construction Materials
Vinyl Siding
Lot Features
Mature Trees, Level
Other Structures
Outbuilding
Parking Features
Gravel
Patio And Porch Features
Deck
Roof
Asphalt
Window Features
Screens
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2025
Taxes
$4,194
Map
Community
- Address406 W 3rd Street Braidwood IL
- CityBraidwood
- CountyWill
- Zip Code60408
Market Summary
Current real estate data for Single Family in Braidwood as of Oct 09, 2026
19
Single Family Listed
69
Avg DOM
189
Avg $ / SqFt
$295,484
Avg List Price
Property Summary
- 406 W 3rd Street Braidwood IL is a Single Family for sale in Braidwood, IL, 60408. It is listed for $169,000 and features 3 beds, 1 baths, and has approximately 1,454 square feet of living space, and was originally constructed in 1974. The current price per square foot is $116. The average price per square foot for Single Family listings in Braidwood is $189. The average listing price for Single Family in Braidwood is $295,484.
Similar Listings Nearby

Copyright 2026. All rights reserved.
406 W 3rd Street
Braidwood, IL


