Investor Special – Incredible Opportunity in Washington Park! Calling all investors! This is a deal with endless potential. Located at 1535 N. 46th St., Washington Park, IL, this 2-bedroom, 1-bath home is being offered as a short sale for just $50,000. This property presents an excellent opportunity for investors looking to add to their portfolio or take on their next renovation project. Please note there is NO access to the property prior to closing. The home is being sold as-is, and buyers will not be permitted to enter the property until after ownership has transferred. Buyers should base their offer the information available and conduct any inspections after closing, as permitted. If you're looking for an affordable investment with significant upside potential, don't miss this unique opportunity. Bring your vision and make this property your next success story!
2 Beds
1 Bath
1,256 sq.ft
$0 per sq.ft
Bungalow
$ 50,000
Active
0
26047897
2
1
1,256
Verlie Place
East St Louis DIST 189
St Clair-IL
Residential
Bungalow
Residential
$1,776
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 4491 St Clair Avenue, East St Louis, IL 62204 | 0/0 | -- | $400,000 | $295,000 73.8% of ask |
Jul 15, 2026 |
| 4491 St Clair Avenue, East St Louis, IL 62204 | 0/0 | -- | $400,000 | $295,000 73.8% of ask |
Jul 15, 2026 |
| 5009 Caseyville Avenue, East St Louis, IL 62204 | 2/2 | 780 | $14,900 | $10,000 67.1% of ask |
Jun 19, 2026 |
| 4207 Caseyville Avenue, East St Louis, IL 62204 | 4/3 | 1,867 | $30,000 | $30,000 100% of ask |
Dec 31, 2025 |
| 5611 Hallows Avenue, East St Louis, IL 62204 | 1/1 | 676 | $895 | $895 100% of ask |
Dec 19, 2025 |
| 5150 Rosemont Avenue, East St Louis, IL 62204 | 3/1 | 1,300 | $4,900 | $4,900 100% of ask |
Dec 1, 2025 |
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Investor opportunity! 2-bedroom home being sold AS-IS. Ideal for rehab, rental, or flip. Bring your vision and make it your own
Prime Multifamily Development Opportunity – 5 Combined Lots | 0.73 Acres Investor Alert: *Six month seller financing may be available* Rare opportunity to acquire five contiguous residential lots totaling 0.73 acres in a strategic location in East St. Louis. Large, combined parcels like this are increasingly difficult to find, especially with this level of accessibility and development flexibility. This site offers the scale and layout ideal for a multifamily project—whether you’re planning duplexes, townhomes, or a higher-density rental complex designed to generate strong long-term cash flow. The combined footprint allows for smarter site planning, parking configuration, and maximized unit count potential. Positioned with convenient access to major transportation corridors including Interstate 64 and Interstate 70, the property provides seamless connectivity to downtown St. Louis and surrounding employment centers—an essential driver for consistent rental demand. Easy highway access significantly enhances tenant appeal for commuters. Located within walking distance to James Avant Elementary School and near an established police presence, the area benefits from existing community infrastructure that supports residential growth and long-term neighborhood stability. With nearly three-quarters of an acre across five lots, this property presents flexibility, scalability, and strong upside potential in a market experiencing continued redevelopment activity. Whether you are a seasoned developer or an investor seeking your next value-add land acquisition, this is a strategic opportunity to secure a sizable buildable footprint at an attractive entry point. Opportunities to control this much land in a centrally located area are limited. Capitalize on the size, positioning, and multifamily potential to create a high-demand rental asset with long-term income growth.
Attention investors! 2-bedroom home sold AS-IS with tons of potential. Great project for a flip, rental, or renovation.
