173 E 1980th Ave Oblong, IL

Handyman / Investor Special: 

Renovation opportunity on a half acre lot! 

This ~1,344 sq. ft. property (estimated 3-bedroom layout) needs heavy cleanup, brush removal, and a full rehab, but offers major upside for a flipper or DIY buyer looking for sweat equity.

Recent Comps (Supporting ~$130K ARV)

14218 N 2275th St, Oblong, IL: Sold for $130,500 (3 bed/2 bath, 1,352 sq. ft.) – Direct size/layout ARV benchmark.

22590 E 1700th Ave, Oblong, IL: Sold for $120,000 – Proves strong local demand for updated homes.

12985 N 150th St, Oblong, IL: Sold for $45,000 – Smaller as-is fixer comp.

Purchase Options:

1. Fast Cash Price: $30,000

Deeply discounted for a quick cash closing to give flippers maximum profit margin against the $130K ARV.

2. Owner Financing / Installment Price: $48,000

Skip bank approvals and build equity with simple seller financing.

Down Payment: $5,000

Monthly Payment: $450 / month

Term: 10 Years (120 months)

Prorations: Buyer covers property taxes (~$615/year) and insurance.

Drive by the lot, inspect the structure, and contact us to lock this deal in!