ONLY $5,000 DOWN – OWNER FINANCING AVAILABLE – NO BANK NEEDED!
Looking for a way to stop renting and start owning, or an investor looking to build rental cash flow without having to qualify for traditional bank financing?
This 3 bedroom, 2.5 bathroom home with approximately 1,500 sq. ft. could be a great opportunity.
OWNER FINANCING TERMS:
• Down Payment: $5,000
• Monthly Payment: $1,125
• Purchase Price: $110,000
• 30-year financing
Instead of spending years paying rent with nothing to show for it, this is an opportunity to get into a home with a relatively small down payment, make improvements over time, and work toward ownership.
INVESTORS / SECTION 8 LANDLORDS: With only $5,000 down, this may also be an attractive opportunity to acquire and improve a rental property without tying up a large amount of cash or obtaining a traditional mortgage. Repair it, get it rent-ready, and potentially create monthly cash flow while building equity over time.
The property is being sold AS-IS and will need some cleanup, repairs and cosmetic improvements. This is reflected in the opportunity and financing being offered.
Located directly across from a playground with plenty of space and potential for the right buyer.
$5,000 gets you started — no traditional bank financing required.
Serious buyers only. Message for additional details, financing information, or to schedule a time to discuss the property.
Buyer to independently verify property condition, measurements, rental potential, Section 8 eligibility/rents, and all other information. Terms subject to approval and written agreement.
For sale by owner
Price increase: $60K (9/4)
$110,000
351 N 26th St, East Saint Louis, IL 62205
3beds
1,508sqft
SingleFamily
Built in 1908
6,969 Square Feet Lot
$-- Zestimate®
$73/sqft
$-- HOA
Overview
What the owner loves about this home
There's a playground across the street.
2 car garage.
Cashflow potential.
- 85 days
- 329
- 17
Listed by:
Property Owner (858) 371-5177
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Cooling
- Central
Interior area
- Total interior livable area: 1,508 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Wood
- Has view: Yes
- View description: Park
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 02190412027
Construction
Type & style
- Home type: SingleFamily
Condition
- New construction: No
- Year built: 1908
Community & HOA
Location
- Region: East Saint Louis
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $11,931
- Annual tax amount: $1,591
- Date on market: 8/12/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,269/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $110,000+120%$73/sqft |
Source: Owner Report a problem | ||
| 8/12/2026 | Listed for sale | $50,000+66.7%$33/sqft |
Source: Owner Report a problem | ||
| 5/5/2026 | Sold | $30,000-29.4%$20/sqft |
Source: | ||
| 8/15/2025 | Contingent | $42,500$28/sqft |
Source: | ||
| 8/7/2025 | Listed for sale | $42,500$28/sqft |
Source: | ||
| 7/28/2025 | Contingent | $42,500$28/sqft |
Source: | ||
| 7/24/2025 | Listed for sale | $42,500$28/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,591 +9.1% | $11,931 +12.6% |
| 2023 | $1,458 +12.8% | $10,598 +13.5% |
| 2022 | $1,292 +2.7% | $9,339 +5.7% |
| 2021 | $1,258 -5.6% | $8,835 -0.3% |
| 2020 | $1,333 -6.2% | $8,861 -1.2% |
| 2019 | $1,421 -12.8% | $8,972 -7.9% |
| 2018 | $1,630 +0.2% | $9,737 +1.4% |
| 2017 | $1,627 | $9,606 -0.4% |
| 2016 | $1,627 +0.6% | $9,643 -33.5% |
| 2014 | $1,617 -27% | $14,499 -2.5% |
| 2013 | $2,214 | $14,877 +4.9% |
| 2012 | -- | $14,183 -8.7% |
| 2011 | -- | $15,533 -9.8% |
| 2010 | -- | $17,223 -25.1% |
| 2009 | -- | $22,985 -6.7% |
| 2008 | -- | $24,646 |
Find assessor info on the county website
Monthly payment
Est. payment





