411 Gray Boulevard, East St Louis, IL 62205
Solid brick, 16-unit apartment building with separate electric meters and city water and sewer services.
- 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
Listing office LOYD Realty
Listing date May 27, 2026
Source Crexi
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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
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- East St Louis
- County
- St. Clair
- State
- Illinois
- Longitude
- -90.1389147
- Latitude
- 38.6151313