This house is only $64,000! It’s also only 572 sq ft with 1 bedroom and 1 bathroom…but still, $64,000 is pretty cheap. And that’s the list price, so there’s certainly a possibility to purchase the home for below $60,000. This is a bank owned foreclosure. It is located just south of Milwaukee St, a few blocks east of East Washington Ave on the east side of Madison. The kitchen needs some updating, but the house isn’t in bad shape. And it has a really nice backyard and a 1 car garage.