173 E 1980th Ave
Oblong, IL 62449
3
Bedrooms
2
Bathrooms
1,344
Sq Ft
—
Year Built
About This Property
Handyman / Investor Special: Renovation opportunity on a half acre lot! This 1,344 sq. ft. property (estimated 3-bedroom layout) needs heavy cleanup, brush removal, and a full rehab, but offers major upside for a flipper or DIY buyer looking for sweat equity. Recent Comps (Supporting $130K ARV) 14218 N 2275th St, Oblong, IL: Sold for $130,500 (3 bed/2 bath, 1,352 sq. ft.) Direct size/layout ARV benchmark. 22590 E 1700th Ave, Oblong, IL: Sold for $120,000 Proves strong local demand for updated homes. 12985 N 150th St, Oblong, IL: Sold for $45,000 Smaller as-is fixer comp. Purchase Options Fast Cash Price: $30,000 Deeply discounted for a quick cash closing to give flippers maximum profit margin against the $130K ARV. Owner Financing / Installment Price: $48,000 Skip bank approvals and build equity with simple seller financing. Down Payment: $5,000 Monthly Payment: $450 / month Term: 10 Years (120 months) Prorations: Buyer covers property taxes ( $615/year) and insurance. Drive by the lot, inspect the structure, and contact us to lock this deal in!
Property Details
Property Type
Single Family
HOA
None
Listed Price
$30,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Oblong
What is owner financing for 173 E 1980th Ave?
Owner financing means the seller of 173 E 1980th Ave acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Oblong, IL is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Oblong home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Oblong property.