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    Solid Brick Apartment Building Title is generated by Realmo AI

    411 Gray Boulevard, East St Louis, IL 62205

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    Solid brick, 16-unit apartment building with separate electric meters and city water and sewer services.

    Type:Multifamily
    Property size:
    8,540 SF
    Price / SF:
    $47/SF
    Added:
    May 27, 2026
    Days on Market:
    32
    Last Refresh:
    Jun 6 at 5:10 am

    Property Features for 411 Gray Boulevard

    General Information

    Standard status
    Active
    Size
    8,540 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1920

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    Eli Ahmadov

    Listing office LOYD Realty

    Listing date May 27, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of LOYD Realty

    HighLights

    • 16‑unit solid brick apartment building
    • Year built: 1920
    • Separate electric meters
    • City water and sewer services
    • Good occupancy reported in public remarks

    Overview

    This solid brick apartment building contains 16 units and is presented as having good occupancy. The property is set up with separate electric meters, supporting more individualized utility billing across units. City water and sewer service are also in place, which helps keep building operations straightforward.

    The offering is for sale and is marketed with an emphasis on operating and maintenance costs. Public remarks also note the building is “inexpensive to operate and maintain” and highlight the separate metering setup as part of that utility structure.

    For investors or owner-operators seeking a smaller multifamily asset, the combination of 16 rental units, separate electric meters, and city water and sewer can be practical for day-to-day management. Public remarks state the property management and financing may be available, and they also include a stated net return figure of 17.64% on investment. Interested parties should verify income, expenses, occupancy, and all financing or management terms directly with the seller or listing team.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East St Louis
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.1389147
    Latitude
    38.6151313

    FAQs

    What type of property is this?
    Apartment building - Solid brick, 16-unit apartment building with separate electric meters and city water and sewer services.
    Where is this apartment building located?
    The property is located at 411 Gray Boulevard East St Louis, IL.
    What is the asking price?
    The asking price for this property is $405,000.
    What are key features of this property?
    This property features: 16‑unit solid brick apartment building; Year built: 1920; Separate electric meters
    More about this property
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