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Two-Property Multifamily Portfolio
For Sale
$250,000
Pending

6500 Saint Clair Avenue, East St Louis, IL 62203

MULTI_FAMILY - Other - East St Louis, IL

Lot Size0.62 Acres
Days on Market9

Property Features for 6500 Saint Clair Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1
Parking features Assigned, Off Street, Paved or Surfaced, Open, Parking Lot
Subdivision Jeromes Sub
Lot features Few Trees, Front Yard, Irregular Lot, Level
Elementary school EAST ST LOUIS DIST 189
Middle school EAST ST LOUIS DIST 189
High school East St Louis
Elementary school district East St Louis DIST 189
Middle school district East St Louis DIST 189
High school district East St Louis DIST 189
Directions GPS Friendly
Standard status Pending
APN 02-22.0-200-035 &02-22.0-200-036
Lot size 0.62 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10811

Utilities

Utilities Cable Available
Heating system Baseboard
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1924
Floors in Building 2
Building materials Stucco, Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX Preferred · RE/MAX International
Listed By: Jason Buss · License #475162134
Added: Jul 22 Changed: Jul 29 Last Checked: Jul 30 at 8:06PM
MLS# 26000103

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two side-by-side apartment buildings are being sold together for one as-is price. Combined, the properties include 16 units across two buildings, along with storage rooms and a laundry room. Unit conditions range from nearly ready to move in to needing significant renovation, with many units described as needing minor TLC and freshening.

Most units include a refrigerator, stove/range, and a window A/C unit that will remain with the property. Each unit has a breaker box, and most water heaters are located in a dedicated room in the building. The buildings are currently on septic systems, and replacement will be needed, as there is no city sewer.

The seller is offering the property 100% as-is and will not provide inspections, repairs, or credits. Buyers and buyer’s agents should verify all information.

Key Highlights

  • Two side‑by‑side buildings sold together as 1 AS IS price, totaling 16 units (13 & 3)
  • One‑bedroom unit rentals in an East St. Louis zip code reported at $900-$1000/month depending on utilities
  • Most units reportedly vacant; unit condition ranges from almost ready to move‑in to needing a gut condition

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Auto Parts Store Restaurant Storage Facility Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 62203, IL

6,344
Population
2,788
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
83%
High-School Grad
5.6 sq mi
ZIP Area
1,133
Density / Sq Mi
$41,134
Median Household Income
$32,065
Median Earnings
$970
Median Rent
$72,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two side-by-side apartment buildings totaling 16 units include storage and a laundry room, sold as-is with septic systems.
Where is this apartment building located?
The property is located at 6500 Saint Clair Avenue East St Louis, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two side‑by‑side buildings sold together as 1 AS IS price, totaling 16 units (13 & 3); One‑bedroom unit rentals in an East St. Louis zip code reported at $900-$1000/month depending on utilities; Most units reportedly vacant; unit condition ranges from almost ready to move‑in to needing a gut condition
More about this property
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