Located in East Alton, Illinois — just minutes from the Mississippi River and within easy reach of the greater St. Louis Metro corridor — 224 Lincoln Ave offers a solid entry point into homeownership in a neighborhood known for stronger-than-average after-repair values. For buyers who've been priced out of traditional financing or simply prefer a more direct path to ownership, this property delivers real value in a market where well-maintained homes at this price point are increasingly hard to find. This 2-bedroom, 1-bathroom home spans 705 square feet and sits on a foundation that the seller specifically highlights as solid — a meaningful distinction in the Alton area, where foundation integrity can vary widely from property to property. The home has been maintained by a landlord who kept it in good condition over the years, and the mechanicals are reported to be in working order. Power is currently on. Note that a security system is being installed, and the seller must be notified prior to showings so the system can be disarmed. East Alton sits in Madison County and benefits from proximity to both the Illinois side amenities and easy access across the river into Missouri. The surrounding area carries ARVs that support the asking price, making this a smart buy whether you're looking to settle in long-term or build equity over time. Owner financing is available with $2,500 down and $950/month. To qualify, net income must be at least 3x the monthly payment, with documentation of your three most recent months of income required for anyone on the contract for deed. No evictions within the past five years, and picture ID is required for all tours and for anyone over 18 living in the home or on the CFD.