Despite its proximity to Chicago and Milwaukee and its three resident multi-billion-dollar international companies, Beloit, Wisconsin, has managed to maintain its small-town feel and affordable historic housing. Its old-house neighborhoods are just a short walk away from a revitalized downtown district, riverfront, and the cultural and intellectual offerings of Beloit College, known for the ancient Indian mounds on campus.
The Houses Foursquares run as low as $80,000, while larger, move-in-ready Georgian Revival and Queen Anne homes can be purchased for under $200,000.
Why Buy Now? Though homes within one of Beloit's historic districts automatically qualify for the state's historic-home tax credit, houses outside the zoned areas may apply for individual listing to receive the 25 percent credit as well. The Beloit Neighborhood Association maintains a list of historic homes on the market, which will help with your search for the perfect home. They've also got a list of recommended local trade and service professionals to help with renovations.
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