5 photos
$30,000
173 E 1980th Ave
Oblong, IL 62449
The owner (for sale by owner, no agent). Contact the owner through the original listing.
What the listing says
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!
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Single Family
Lot Size
21,780 sq ft
HOA
None
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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. The listing for this Oblong, IL home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Oblong home?
There is no standard down payment. The seller of this Oblong home sets their own, and it is negotiable. Ask the seller or their agent.