Affordable 2-bedroom, 2-bath home with flexible terms, perfect for buyers or investors ready to complete occupancy requirements and build equity fast.
Affordable 2-bedroom, 2-bath home with flexible terms and strong potentialideal for buyers or investors willing to complete occupancy requirements and build equity.
Financing Details
Down Payment: $2,000
Monthly Payment: $799
Closing costs: $200
Property Highlights
2-bed, 2-bath layoutgreat for families or roommates
1,024 sq ft of functional living space
Needs to pass occupancy inspection
Solid structure with value-add potential
Affordable entry point with flexible purchase terms
Neighborhood & Location Perks
Located in Madison, IL with convenient access to nearby cities
Close to schools, local shopping, and dining
Easy access to major highways and public transportation
Strong rental demand in the surrounding area
Why Invest Here?
Low entry cost with strong upside potential
Two bathrooms increase rental appeal
Opportunity to build equity after inspection completion
Ideal for first-time buyers or buy-and-hold investors
Affordable housing demand remains strong in the area
Contact Today for More Info or to Schedule a Showing:
Credit Friendly Homes
House for rent
$799/mo
Fees may apply
1642 3rd St, Madison, IL 62060
2beds
1,024sqft
Price may not include required fees and charges. Learn more|
Single family residence
Available now
What's special
- 54 days |
- -- |
- -- |
Zillow last checked: 9 hours ago
Listing updated: March 28, 2026 at 12:28am
Travel times

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total interior livable area: 1,024 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 212192515404022
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Madison
Financial & listing details
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/5/2026 | Listed for rent | $799$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/17/2026 | Listing removed | $799$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/3/2026 | Listed for rent | $799-10.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/27/2026 | Listed for sale | $49,000+69%$48/sqft |
Source: Owner Report a problem | ||
| 12/8/2025 | Listing removed | $895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/5/2025 | Listed for rent | $895$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/12/2025 | Sold | $29,000-21.4%$28/sqft |
Source: | ||
| 4/24/2025 | Contingent | $36,900$36/sqft |
Source: | ||
| 3/19/2025 | Price change | $36,900-18%$36/sqft |
Source: | ||
| 2/21/2025 | Price change | $45,000-18.2%$44/sqft |
Source: | ||
| 1/24/2025 | Listed for sale | $55,000$54/sqft |
Source: | ||
Neighborhood: 62060
Nearby schools
GreatSchools rating
- 2/10Bernard Long Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Madison Jr High SchoolGrades: 6-8Distance: 0.6 mi
- 1/10Madison Senior High SchoolGrades: 9-12Distance: 0.6 mi
- Illinois
- Madison County
- Madison
- 62060
- 1642 3rd St







