Located in Alton, Illinois — a historic river city perched along the bluffs of the Mississippi just north of the St. Louis Metro — 4 W Delmar presents a compelling opportunity for the buyer who knows how to see potential and act on it. This 4-bedroom, 2-bathroom contractor special is priced at $71,000 with just $1,500 down, $825 per month, and only $200 in closing costs required to get started. Alton has long attracted buyers priced out of the Missouri side of the metro who are looking for more house for their dollar without sacrificing character or community. The city's historic architecture, proximity to the Great River Road, and growing local investment make it a smart place to plant roots — especially when you can lock in ownership at this price point. This property is being sold as a contractor special, which means it needs work. That's the full picture, and it's priced accordingly. For a handy buyer, a contractor, or an investor looking to build equity through sweat, this is the kind of deal that rarely comes together with owner financing attached. You're not waiting on a bank, not navigating loan approvals, and not competing with retail buyers paying retail prices. What makes this listing stand out beyond the price: taxes and insurance are already included in the $825 monthly payment, so your housing cost is straightforward and predictable from day one. With only $200 in closing costs and $1,500 down, your path to ownership here is one of the lowest-barrier entries in the entire St. Louis Metro region. Four bedrooms, two bathrooms, and a full renovation opportunity in a city with real history and real upside. This is owner financing working the way it should — accessible, transparent, and built for buyers ready to put in the work. ---