Property profile

0 Tudor Ave East St. Louis, IL 62207

OFF-MARKET
Land
8.9 ac lot
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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

Location

Tudor Ave East St. Louis, IL 62207
East St. Louis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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