$200,000

OFFER DEADLINE IS SET FOR MONDAY 11/13 at 5pm. Please submit highest and best offer to listing agent by the deadline for consideration. **INVESTOR SPECIAL** Looking for a visionary to unlock this property's unmatched potential and make it a home again! Located just blocks from downtown Elgin, this modern farmhouse in the making sits on a generous 1 acre lot with mature trees. The existing structure consists of the original home on pier and beam and an addition built on a slab. The home needs a full remodel to the studs, but at just under 3300 sq ft, it could be repurposed into a 4+ bedroom home with at least 3 full bathrooms. A fire caused smoke damage through parts of the home but no known structural damage. It has been partially demoed (most flooring, all appliances, most fixtures, and some sheetrock removed), but still retains small elements of charm throughout the house. The pier-and-beam portion of the home is in need of major repair as it is open to the elements, but it has good bones and could be revived as a large open-concept living area or studio space. The surrounding lot may be subdivided, allowing for additional structures to be built if desired. The possibilities for reinventing this historic home and large property truly are endless!

Listing Map