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411 Gray Boulevard, East Saint Louis, IL 62205

Local realty services provided by:CENTURY 21 Broughton Team
411 Gray Boulevard,East St Louis, IL 62205
$100,000
  • - Beds
  • - Baths
  • 8,540 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Jan 25
    02:35 pm - 04:30 pm
Listed by: adam f jokisch
Office: adams auction & real estate services inc.
MLS#:26002400
Source:MO_MARIS

Price summary

  • Price:$100,000
  • Price per sq. ft.:$11.71

About this home

Price listed is Starting Bid Only. Bidding starts closing 1/28/2026 @ 5:30PM Discover your chance to own a potential filled, income-producing asset in the heart of East St. Louis. This partially leased 16-unit building generates $5,300 in monthly rental income at the current rental rates, offering immediate cash flow and long-term investment potential. The building features 16 studio apartments with each unit on individual electric meters and breaker box with radiant heating. Currently, the owner pays for water, trash and gas for the building with the tenants responsible for electric, keeping operational costs manageable and transparent. All units share two continuous pumping hot water heaters and have radiant heat through a gas-powered boiler. In addition, a new roof was installed on the building in 2020. Zoned C-Commercial within the City of East St. Louis zoning jurisdiction, the building is currently operating as a multi-unit apartment building, with any alternate use requiring

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Home facts

  • Year built:1920
  • Listing ID #:26002400
  • Added:1 day(s) ago
  • Updated:January 14, 2026 at 05:00 PM

Rooms and interior

  • Living area:8,540 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)

Structure and exterior

  • Year built:1920
  • Building area:8,540 sq. ft.
  • Lot area:0.47 Acres

Schools

  • High school:East St Louis
  • Middle school:EAST ST LOUIS DIST 189
  • Elementary school:EAST ST LOUIS DIST 189

Utilities

  • Water:Public

Finances and disclosures

  • Price:$100,000
  • Price per sq. ft.:$11.71
  • Tax amount:$5,135 (2024)
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