Investor and contractor opportunity in East St. Louis, this property is being offered strictly as a full rehab / contractor special, making it an ideal acquisition for experienced investors looking to flip, renovate, or add a cash-flowing rental to their portfolio.
Located at 813 N 81st St #1, East St. Louis, IL 62203, this property is priced aggressively at $23,000 to reflect its current condition and to provide strong upside potential for the right buyer.
Property Highlights:
- Full rehab opportunity sold strictly AS-IS
- Ideal for fix & flip investors or buy-and-hold landlords
- Strong after-repair value (ARV) upside potential
- Located in an established residential rental area
- Great fit for contractors, flippers, and cash buyers
- Value-add opportunity with clear profit margin potential
Investment Potential:
This property is best suited for experienced investors who understand renovation costs and value-add strategies. With the right improvements, the property has strong potential for resale profit or long-term rental income generation in a developing market.
Important Notes:
- Property is being sold AS-IS
- Seller will make no repairs or credits
- Buyer responsible for all inspections, permits, and due diligence
- Cash or hard money financing preferred
Pricing:
List Price: $23,000
Apartment amenities
Property amenities
Building Deposit Fee Maximum: 1500
Building Deposit Fee Minimum: 1500
Laundry: Shared
Off Street Parking
Pet policy
Cats allowed
1 pet max
Dogs allowed
1 pet max
Pricing comparison
$731
At $675, this listing is priced $731 cheaper than the current market rate for a 2 bedroom home in East Saint Louis.
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