Affordable Home with Owner Financing No Bank Needed!
Opportunity knocks with this 2-bedroom, 1-bath single-family home located in the heart of Macomb, IL. Offering 1,066 sq ft of living space, this property is ideal for first-time buyers, downsizers, or investors looking to grow their rental portfolio.
This home features a spacious layout with solid bones and room for cosmetic upgrades to quickly build equity. Enjoy a large living area, functional kitchen, and a private backyard perfect for relaxing or entertaining.
No bank qualifying required seller offers flexible owner financing with just $1,500 down and affordable monthly payments of $750 (includes taxes & insurance).
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Financing Terms:
Down Payment: $1,500
Monthly Total: $750
Principal & Interest: $584
Taxes: $114
Insurance: $52
Interest Rate: 10.1894% (fixed)
Insurance Included
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Neighborhood & Location Highlights:
Centrally located near Downtown Macomb, shops, and restaurants
Minutes from Western Illinois University great potential for student housing
Access to parks, public schools, and local conveniences
Quiet residential street with consistent rental demand
Growing area with opportunities for long-term appreciation
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Property Advantages:
Low barrier to entry with flexible owner financing
Ideal for owner-occupants OR investors
Move-in ready with potential to increase value through updates
Great buy & hold opportunity with positive cash flow potential
Lower monthly costs than comparable area rentals
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Contact:
House for rent
$750/mo
428 W Washington St, Macomb, IL 61455
2beds
1,066sqft
Price may not include required fees and charges.
Single family residence
Available now
Cats, dogs OK
-- A/C
-- Laundry
-- Parking
-- Heating
What's special
Room for cosmetic upgradesSolid bonesFunctional kitchenPrivate backyardSpacious layout
- 8 days |
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Travel times
Looking to buy when your lease ends?
Consider a first-time homebuyer savings account designed to grow your down payment with up to a 6% match & 3.83% APY.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total interior livable area: 1,066 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 1140021400
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Macomb
Financial & listing details
- Lease term: 1 Month
Price history
Date | Event | Price |
---|---|---|
10/1/2025 | Price change | $750-50%$1/sqft |
Source: Zillow Rentals | ||
9/13/2025 | Listed for rent | $1,500$1/sqft |
Source: Zillow Rentals | ||
7/8/2025 | Sold | $25,968+419.4%$24/sqft |
Source: Public Record | ||
7/18/2024 | Sold | $5,000-81.5%$5/sqft |
Source: Public Record | ||
5/24/2017 | Sold | $27,000-10%$25/sqft |
Source: ![]() | ||