($1-Bid) (No-Reserve)  House in the Greater St. Louis Area

Rent Estimate: $1300/Month
Property Taxes: $755/Year

No Reserve. The winning bidder will buy the property. Payment is due in 2 business days after the auction ends. 

Selling "As-is"
The seller owns the property outright.  The Winning Bidder will become the 100% owner of the property. This bid is for 100% of the purchase price of the property. The seller will issue a quitclaim deed. This property will be sold to the winning bidder.

The seller is selling the property “As-is” and has not inspected it. The house should not be considered move-in ready, and it may require significant work. The house is Vacant.

Property Details:
Address: 512 N. 50TH ST., EAST SAINT LOUIS, IL 62205
House Area: 952 Sq Ft.
Bed: 2
Bath: 1
Lot Size: 0.3 Acres
Parcel ID: 02-21.0-308-016   
Owner: Acres Investments LLC (An Indiana LLC)
County: St. Clair

Buyer pays = Winning bid +$500 for document processing + 10% of the purchase winning bid as buyer premium ($100 Minimum).

There are no past-due property taxes from 2024 or earlier. The buyer will assume responsibility for the property taxes for 2024 and 2025. Yearly property taxes are $750

Mode of Payment:
The mode of payment is a wire transfer. No credit card payments. Payment is due in 2 business days after the auction ends. The seller will provide the Notarized deed within 24 hours of payment and will record the deed with the county.