Located in East St. Louis, Illinois — just across the river from one of the Midwest's most storied cities — this 2-bedroom, 2-bathroom home at 5050 Hallows Ave E offers an accessible path to homeownership in the greater St. Louis Metro area. At 1,025 square feet, the layout is efficient and comfortable, making it an ideal fit for individuals, couples, or small families ready to stop renting and start building equity. One of the most compelling aspects of this listing is the land. Sitting on a generous 10,243-square-foot lot — nearly a quarter acre — the property offers significantly more outdoor space than you'd typically expect at this price point. Whether you're envisioning a large garden, a private backyard retreat, or simply room to breathe, this lot delivers in a way that comparably priced properties rarely do. The $76,500 purchase price is accessible by design, with just $3,000 down to get started. The monthly payment of $800 is a true all-in PITI figure — covering principal, interest, taxes, and insurance — so there are no hidden surprises when budgeting month to month. That kind of payment transparency is a rare advantage in the owner-financed market. East St. Louis sits within the broader St. Louis Metro corridor, offering proximity to employment centers, major highways, and the amenities of a large metro region without the premium price tag that comes with Missouri-side addresses. For buyers who've been priced out of traditional financing or are looking to establish ownership in a high-value metro area at a fraction of the typical cost, this property presents a straightforward, honest opportunity. Owner financing means no traditional bank loan required — just a down payment and a commitment to building something of your own. ---