Located in East St. Louis, Illinois — part of the greater St. Louis Metro area spanning both sides of the Mississippi River — 724 N 82nd St offers an accessible entry point into homeownership with owner financing and a straightforward path to building equity. This 2-bedroom, 1-bathroom home sits at 720 square feet and is priced at $62,000, with just $2,500 down and monthly payments of $795. Notably, that monthly payment includes taxes and insurance (PITI), meaning no surprise escrow bills or separate insurance premiums to manage — what you see is what you pay each month. East St. Louis has long been a market where patient buyers and strategic investors find real value. With proximity to downtown St. Louis, major interstates, and the broader Illinois Metro East corridor including Cahokia, Fairview Heights, and Granite City, this area continues to attract buyers who recognize the upside in acquiring property below typical regional price points. At $62,000 with owner financing available, this home represents a price-per-square-foot that's difficult to find anywhere in the St. Louis Metro market today. Whether you're a first-time buyer tired of putting money into rent with nothing to show for it, or an investor looking to add to your portfolio, this property offers room to work with. Improve it over time at your own pace, or step in and start building equity from day one. The home is sold as-is, and every dollar of your monthly payment works toward ownership — not a landlord's bottom line. Owner financing means no traditional bank loan required, making this an opportunity that doesn't hinge on perfect credit or conventional approval timelines.