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    OFF-MARKET
    Land

    0 Tudor Ave, East St. Louis, IL 62207

    8.9 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.9-acre development opportunity is located in East St. Louis, Illinois, and presents a unique chance for residential construction. The property, identified by APN (see addenda), consists of 96 contiguous parcels zoned R-1 Single Family Residential, allowing for the development of individual homes. All necessary utilities are readily available on-site, simplifying the construction process and reducing development costs. The land is conveniently situated, bordered by Piggott, Bennett, Pearl, Tudor, South 44th, and South 46th Streets, providing excellent accessibility and visibility. This substantial land parcel offers developers a significant opportunity to create a new residential community in a well-established area. The asking price for this prime development site is $100,000. The property's location is 38.604578 latitude, -90.1524515 longitude, with a 62207 zip code in St. Clair County. This is a rare chance to acquire a large, contiguous tract of land suitable for residential development in East St. Louis. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 8.9 ac (387,684 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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