11446 S Homewood Ave, Chicago IL - Owner Finance Home
Owner FinanceCash Deal

11446 S Homewood Ave

Chicago, IL 60643

🛏️

3

Bedrooms

🚿

2

Bathrooms

📏

1,309

Sq Ft

📅

1948

Year Built

About This Property

Brick Cape Cod in great area! Located in the heart of Morgan Park, this 3-bedroom, 2 bath home offers tremendous potential. Nice curb appeal, large backyard and full basement for additional living space. Conveniently located near the Metra, I-57, shopping and a half block from the park. Bring your creative ideas and make this house a dream home. V.A. owned and sold in "as-is, where-is" condition. Seller will make no repairs. Property was built before 1978, and lead-based paint may potentially exist. Property may qualify for Seller Financing (Vendee). Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement, and the property may only be shown by appointment.

Property Details

Property Type

Single Family

Year Built

1948

HOA

None

Listed Price

$109,500

Owner Financing Terms

Why Owner Financing?

  • No bank qualifying
  • Bad credit OK
  • Fast closing
  • Flexible terms

Investment Metrics

Rent Estimate$2,701/mo

Why This Cash Deal?

  • Strong investment opportunity
  • Quick close possible
  • Ideal for flips or rentals
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Frequently Asked Questions About Owner Financing in Chicago

What is owner financing for 11446 S Homewood Ave?

Owner financing means the seller of 11446 S Homewood Ave acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Chicago, IL is available with owner financing terms.

Do I need good credit for owner financing?

No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.

How much is the down payment for this Chicago home?

Down payment terms are negotiable. Sign up for free to get the specific financing details for this Chicago property.