For Sale
$595,000

243 88Th St East St. Louis, IL 62207

10,080 SF Commercial Property, $595,000

Overview

Added:
Dec 11, 2024
Days on market:
132
This expansive 10,080-square-foot commercial building, located at 243 S 88th St in East St. Louis, Illinois, presents a unique investment opportunity. Situated on a 3.43-acre lot, the property boasts a paved and striped parking lot with approximately 185 spaces and a prominent monument sign. Built in 1996, the single-level structure features multiple bars, a separate lounge area, a full kitchen, and a dining area. The property's zoning is commercial, allowing for a variety of uses. Potential uses include an event space, restaurant, cigar or hookah lounge, retail space, or even a church; however, buyers are responsible for conducting their own due diligence regarding permitted uses. The sale includes all existing furniture, fixtures, and equipment. The property is being sold "as is." The asking price is $595,000, with a price per square foot of $59.03. This is an owner/user investment opportunity.

Highlights

  • $595,000 asking price for a 10,080 square foot retail building.
  • Located on a 3.43-acre lot in East St. Louis, IL, at 243 S 88th St, 62207.
  • Features multiple bars, a lounge, full kitchen, and dining area.
  • Includes ample paved parking (approximately 185 spaces) and a monument sign.
  • Suitable for various uses, including event space, restaurant, or retail.
  • Sold as-is, with all furniture, fixtures, and equipment included.

Property Details for 243 88Th St

Property type
Retail properties, Restaurants
Square Feet
10,080 SF
Year Built
1996
Lot Size (sq. ft)
149,411 SF

Location Insight

City
East St. Louis
County
St. Clair
State
Illinois
Latitude
38.558815236321
Longitude
-90.099340051536

FAQs

What type of property is this?
Retail property - 10,080 SF Commercial Property, $595,000
Where is the retail property located?
The property is located at 243 88Th St East St. Louis, IL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: $595,000 asking price for a 10,080 square foot retail building.; Located on a 3.43-acre lot in East St. Louis, IL, at 243 S 88th St, 62207.; Features multiple bars, a lounge, full kitchen, and dining area.
How can I contact the broker?
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243 88Th St
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