Located in Peoria, Illinois — central Illinois's largest city — this 2-bedroom, 1-bathroom home at 2113 W Howett St offers 793 square feet of opportunity for the right buyer. Priced at $49,000 with just $1,500 down and $525/month (which includes property taxes), this is an owner-financed property designed for buyers who are ready to roll up their sleeves and build equity through their own effort. Let's be upfront: this is a mechanic special. The home is missing a furnace and AC unit, the interior needs cosmetic work throughout, and the exterior has a broken window, gutter, and downspout that will need attention. These are known issues, disclosed transparently, and priced accordingly. For a handy buyer, an investor, or someone with access to trades, this kind of upfront pricing can represent serious value in a market where move-in-condition homes at this price point are increasingly rare. Peoria's West Side neighborhoods have historically offered some of the most accessible entry points into homeownership in the region, and W Howett St is no exception. With no traditional bank loan required and a low barrier to entry, this listing is structured to work for buyers who may not fit the conventional mortgage mold but are ready and motivated to own. Whether you're looking to owner-occupy and build sweat equity or add to a rental portfolio, the numbers here are hard to ignore. At $525/month with taxes included, the monthly carrying cost is competitive with — or lower than — renting a comparable space in Peoria. This is the kind of deal that rewards buyers who can see past the current condition and into the potential beneath it. ---