($1-Bid) (No Reserve) Residential City Lot about 7 Miles from Downtown St. Louis

Cost of Holding:
Property Taxes about $177.24/Year. No HOA, or other fees.

Location is close to Downtown, Elementary School, Several Churches, Golf-Courses, Fitness and Sports Complex, restaurants and bars. Very close to City Attractions and Downtown-Airport.
About St. Louis:

A "Gamma" global city with a metropolitan GDP of more than $160 billion in 2017, metropolitan St. Louis has a diverse economy with strengths in the service, manufacturing, trade, transportation, and tourism industries. Major companies headquartered or with significant operations in the city include Ameren Corporation, Peabody Energy, Nestlé Purina Pet Care, Anheuser-Busch, Wells Fargo Advisors, Stifel Financial, Spire, Inc., Millipore Sigma, Fleishman Hillard, Square, Inc., U.S. Bank, Anthem BlueCross and Blue Shield, Federal Reserve Bank of St. Louis, U.S. Department of Agriculture, National Geospatial-Intelligence Agency, Centene Corporation, and Express Scripts. Major research universities include Saint Louis University and Washington University in St. Louis. The Washington University Medical Center in the Central West End neighbourhood hosts an agglomeration of medical and pharmaceutical institutions, including Barnes-Jewish Hospital.

Property Description:
Address: 666 N 55th St, East St Louis, IL 62203
Coordinates: 38.607900, -90.096852
Lot Size: 37.5 X 154 Sq ft. (0.13 Acers)
Parcel ID: 02-21.0-403-005
County: St. Clair
Seller/Owner: Acres Investments LLC

The seller owns the property and will issue a quitclaim deed, making the winning bidder the sole owner of the real estate.
Buyer pays = Winning bid +$500 for document processing + 10% of purchase winning bid as buyer premium.($100 Minimum)

Property Taxes:
The Buyer to assume responsibility for the (2025 pay 2026) taxes  of about $177.24. Yearly taxes are about $177.24. These taxes are not due at the time of closing and can be paid later directly to the county.

The payment deadline is two business days after the auction ends. The winning bidder must email the seller the buyer’s name and address exactly as they wish it to appear on the deed, immediately after the auction. The seller will then send the necessary paperwork for signature along with payment instructions. It is the seller’s responsibility to record the deed with the county.