Second chance to claim a solid investment in the heart of Peoria, Illinois — 2601 W Latrobe St is back on the market and ready for the right buyer to bring it home. This 3-bedroom, 1-bathroom property sits at 1,010 square feet and is being offered as a contractor special, meaning it needs work — but the bones are there. For handy buyers, investors, or anyone willing to roll up their sleeves, this is the kind of opportunity that's increasingly hard to find at this price point in central Illinois. Peoria is the largest city in central Illinois and continues to draw buyers looking for affordable homeownership in a real community with real infrastructure. The 61605 zip code offers proximity to local amenities, major roadways, and the everyday conveniences that make a neighborhood livable. Whether you're looking to build sweat equity, expand a rental portfolio, or simply own instead of rent, this listing checks a meaningful box. At a total purchase price of just $15,000 — with only $750 down — this property is accessible in a way that most traditional listings simply aren't. Monthly payments of $225 include taxes, so what you see is what you pay. Owner financing means no bank approval process standing between you and the keys. Seller transparency is part of the deal here: this property needs renovation and is priced accordingly. The structure is described as having solid bones, which means your investment goes toward improvements — not correcting foundational issues. For buyers who understand value and aren't afraid of a project, 2601 W Latrobe St represents real potential at a price that leaves room in the budget to make it shine. ---