CASH Option: $20,000 cash.

‍Seller is motivated and open to offers.

$1,000 down. $395/month. This is an investor and contractor listing — priced and structured accordingly.

422 S Louisa St is a 2-bedroom, 1-bath home in the 61605 zip code in Peoria, Illinois — 928 square feet, owner financed at $27,000. The condition is disclosed fully here because buyers deserve to know exactly what they're taking on before they make a decision.

The property is currently boarded up. It needs plumbing work, electrical work, a water heater replacement, and broken windows addressed. There is an active city notice regarding exterior work required — that notice will be disclosed in full to the buyer at the time of sale. This is not a cosmetic project. It is a full contractor rehab that requires licensed trades and a realistic scope of work before the property can be occupied or rented.

For the right buyer — an investor with contractor relationships, a licensed tradesperson, or an experienced rehabber who knows the Peoria market — the numbers at $27,000 leave meaningful room to work. Central Peoria, 61605 zip, close to downtown and the city's major employment and healthcare corridors. Peoria is central Illinois's largest city with a stable institutional base anchored by healthcare, manufacturing, and education.

$1,000 gets you in.

Owner financing available — no traditional bank required.