1601 17th St, Viola, IL 61486
OFF MARKET

1601 17th St
Viola, IL 61486

  • Studio
Studio

Local Information

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Description

If you choose our owner finance option you will make your payments directly to the owner and will not have to qualify for a conventional bank mortgage.Benefits of Owner Financed homes:1. Easy Qualification. The buyer, in many cases, prefers an installment sale to conventional financing because it does not require traditional bank income and credit approval. The buyer may have poor credit because of a divorce or recent bankruptcy. They may be self-employed or may be new to their job and cannot meet strict traditional mortgage lender guidelines. Even if they could qualify for a loan, the rate will be astronomical if they have poor credit. Furthermore, few conventional lenders offer fixed interest rate loans to people with a poor credit rating. As you can see, there are dozens of reasons why a buyer cannot (or will not) qualify for a conventional bank loan. The installment sale becomes the perfect solution for them.2. Credit Rating. An installment sale may give the buyer a chance to improve their credit rating by owning a home and making payments timely.3. No Loan Costs. One of the biggest benefits for the buyer is not having to pay the costs associated with conventional loans. Points, origination fees, underwriting charges, appraisal, credit reports, title insurance and the plethora of other "junk" fees charged by conventional lenders can amount to thousands of dollars at closing. The buyer is free from these with an owner-carry installment sale.4. Fast Closing. A buyer can close and move into a property within days, since there is no third party lender holding up the transaction.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
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Outdoor
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HOA
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Price/Sqft
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Home Details for 1601 17th St

Property Information

Property Type / Style
Property Type: Single Family Home
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Property Tax and Assessment

Year2024
Tax$3,808
Assessment$135,405
Home facts updated by county records

Comparable Sales for 1601 17th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Single-Family Home
$120,000
12/02/25
3
2
1,170
0.18
Single-Family Home
$140,000
08/25/25
2
1
1,362
0.24
Single-Family Home
$80,000
04/30/26
3
1.5
1,080
0.31
Single-Family Home
$258,000
06/16/25
2
2
1,613
0.33
Single-Family Home
$214,900
08/29/25
5
2.5
2,843
0.35
Single-Family Home
$80,000
09/12/25
1
1
576
0.39
Single-Family Home
$277,500
07/31/25
4
2
2,376
0.41
Single-Family Home
$165,000
03/20/26
5
1.5
2,040
0.41
Single-Family Home
$177,000
01/02/26
4
1.5
2,328
0.50
Single-Family Home
$130,000
05/27/25
3
1
1,000

Nearby homes

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Assigned Schools

These are the assigned schools for 1601 17th St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Viola

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to restaurants

  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 100 % Say people would walk alone at night

  • 100 % Say kids play outside

  • 100 % Say yards are well-kept

  • 100 % Say there's wildlife

  • 100 % Say it's walkable to grocery stores

  • 75 % Say there's holiday spirit

  • 67 % Say it's quiet

  • 63 % Say neighbors are friendly

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 1601 17th St

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Off Market Homes Near 1601 17th St

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Homes for rent near 1601 17th St

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1601 17th St, Viola, IL 61486 is a studio single-family home. This property is not currently available for sale.