2512 W 24th St in Granite City, IL is a 1-bedroom, 1-bathroom home with 650 square feet in the St. Louis Metro market — and it comes with the adjacent vacant lot included, adding land value and flexibility beyond what the home itself represents. Whether you hold the lot, build on it, or simply enjoy the extra space and privacy, it's a meaningful bonus at this price point.

A few things to be aware of upfront: the property may have squatters present, and buyers should factor in the possibility of an occupancy issue that would need to be resolved before moving in. This is a known unknown going in, not a surprise after closing.

For a buyer comfortable with that situation, the numbers are hard to argue with — $1,000 down and $575/month on a $59,000 home in the St. Louis Metro, with a vacant lot included. Owner financing available — flexible terms, no traditional bank loan required.