2928 Summit Ave, East St. Louis, IL 62205
Investors, take note! This single-family home at 2928 Summit Ave, East St. Louis, IL, 62205, presents a compelling investment opportunity. Located in St. Clair County, this property boasts a 3,484 sq ft lot (APN: 02170322013) and is zoned residential. Built in 1935, the home is being offered at a significantly discounted price of $14,950 – a substantial markdown from market value. While requiring some renovations and tender loving care, this fixer-upper holds significant potential for substantial return on investment. The property's location in East St. Louis offers access to various amenities and infrastructure. This online auction (Auction #25752-107) concludes on December 18, 2024. Serious investors are encouraged to act quickly to secure this promising asset. The property is a single-family home, ideal for rehabilitation and resale or rental income generation. Don't miss this chance to capitalize on this discounted property and unlock its full potential. Further details and photos are available online.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.