Off-Market 3/1 on ¾ Acre | Light Rehab or Rental | Cash Flow Ready | Laura, IL
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Single Family House -
3 -
1 -
1950 -
1690 -
1690 -
Detached Garage
Description
24304 W Spring St, Laura, IL 61451
🔥 Solid value-add opportunity on a large ¾ acre lot in a quiet, low-competition market. This 3 bed / 1 bath property has good bones and plenty of upside for a light-to-moderate rehab, rental, or BRRRR play. Homes in this area with clean finishes trade well, and rental demand supports ~$1,300/month.
💰 Strong spread with an ARV in the $200k range
🏡 3 bed / 1 bath / ~1,690 sq ft
🔧 Built 1950 – needs cosmetic updates and general repairs
🌳 Huge 0.75-acre lot with privacy and room to expand outdoor space
📍 Quiet location with stable long-term residents and strong rental draw
✅ Great for Fix & Flip or BRRRR
✅ ~$1,300/month rent potential
✅ Low inventory area – strong resale demand for renovated homes
Property Sold As-Is | Cash | Buyer Pays All CC | EMD $5,000
Estimated Spread
- ARV $200,000
- Price $100,000
- Spread $100,000
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