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

Estimate from Realtor.com = $76,000

No Past Due property taxes. Property taxes will be due in 2022 (2021 pay 2022).

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About St. Louise
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 neighborhood hosts an agglomeration of medical and pharmaceutical institutions, including Barnes-Jewish Hospital.

Selling "As-is"
The seller owns the property outright. This bid is for 100% of the purchase price of the property. Property taxes are described below. Seller owns the property outright. This bid is for the 100% of the purchase price of property. Property taxes are described below. There are no outstanding Mortgages or liens on the property as far as seller is aware. However, that should not be consider as any warranty from Seller. Bidder should do own research and due diligence before making the bid. The seller will issue a quit claim deed.

Seller is selling “As-is” and have not done any inspection of the property.  Pictures were taken on December 21st, 2021. House is vacant. Seller do not know for how long the house has been vacant. This house should not be considered move-in ready. House may have code violations, and may need a lot of work before it can be occupied. 

Address: 161 E. ALTON AVE., EAST ALTON, IL 62024
Parcel ID: 19-2-08-21-06-102-020
County: Madison
Size: 920 Sq ft.
Lot Size: 4687 Sq Ft.
Bed: 4
Bath: 1
Property Taxes Past due and Taxes Due in 2021: $ Zero
Owner: North Illinois Investments LLC (An Indiana LLC)

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

Property Taxes
All property taxes are paid. No Taxes are past due from 2021. Taxes will be due in Spring 2022 (2021 pay 2022).

Nonrefundable
Mode of payment is wire transfer. No credit card payments.