Affordable 2-Bed Fixer on Grand Ave in Eldorado IL – Great Starter Project or Rental Investment in a Quiet Market

Description

2 Bedrooms | 1 Bathroom | Nice Yard | Strong Rental Demand This 2-bedroom, 1-bath single-family home in Eldorado is the ideal low-entry rehab project for investors or owner-occupants ready to add value. Located just off Route 142 and near local schools and amenities, 2174 Grand Ave is a perfect canvas for a fix-and-rent or light flip strategy. ✨ Property Highlights: 🛏 2 Bedrooms 🛁 1 Bathroom 📍 Tucked away on a quiet residential block near downtown Eldorado 🌳 Good-sized yard with shade trees 🧱 Simple layout—easy to renovate and maintain 🔧 Full rehab needed – ideal for budget-conscious investors Comparable Sales in Eldorado, IL: 2171 Grand Ave – Sold for $68,000 (2 Bed / 1 Bath) 2119 State St – Sold for $65,000 (2 Bed / 1 Bath) 105 E Benton St – Sold for $61,000 (2 Bed / 1 Bath) 🌆 Why Eldorado? Eldorado is a quiet town in Saline County offering great affordability, steady demand, and a landlord-friendly environment. The market is known for: Low competition and holding costs Reliable local workforce and tenant base Close proximity to Harrisburg and Southern Illinois Hospital Address: 2174 Grand Ave Eldorado, IL 62930 Strong rent-to-price ratios for long-term cash flow 2174 Grand Ave is a high-potential property in a quiet and growing pocket of southern Illinois—ready for your improvements and ready to perform.