For Sale
$89,900

2700 State St East St. Louis, IL 62205

Multi-use building, high potential!

Overview

Added:
Dec 11, 2024
Days on market:
132
This East St. Louis, IL property at 2700 State Street (zip code 62205) presents a compelling investment opportunity. Priced at $89,900, this industrial building offers a blend of commercial and residential space. The building features two commercial units on the ground floor, one of which is currently operating as a restaurant. Upstairs, there are two apartment units; one with three bedrooms and the other with four. This presents a unique opportunity to generate income from multiple revenue streams. The property boasts a newly installed roof in 2022, reducing immediate maintenance concerns. The building's location in St. Clair County provides convenient access to major transportation routes and local amenities. While the property is classified as industrial and land, its mixed-use nature makes it suitable for a variety of purposes. Potential buyers are encouraged to conduct their own due diligence to verify all aspects of the property, including the number of units and the current operational status of the businesses within. This property is being sold as-is. This is an excellent opportunity for an investor seeking a multi-faceted property with significant upside potential. The property's current configuration and location offer a strong foundation for future growth and profitability.

Highlights

  • $89,900 asking price.
  • Industrial land with warehouse and commercial components in East St. Louis, IL.
  • Located at 2700 State Street, East St. Louis, IL 62205.
  • Features two commercial units and two residential apartments (3 & 4 bedrooms).
  • One commercial unit is a currently operating restaurant.
  • New roof installed in 2022.

Property Details for 2700 State St

Property type
Warehouses, Land

Location Insight

City
East St. Louis
County
St. Clair
State
Illinois
Latitude
38.6147758
Longitude
-90.1250666

FAQs

What type of property is this?
Warehouse - Multi-use building, high potential!
Where is the warehouse located?
The property is located at 2700 State St East St. Louis, IL.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: $89,900 asking price.; Industrial land with warehouse and commercial components in East St. Louis, IL.; Located at 2700 State Street, East St. Louis, IL 62205.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2700 State St
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