Off-Market Property Archive

This property is no longer actively listed. Off market since November 15, 2025. Interior photos, property details, and location data are preserved for neighborhood research and comparable analysis.

Last listed at 14,900.00

1016 N 37th St, East St Louis, IL 62204, USA

$14,900

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Low Risk - 50-60% Cap near Jones Park
Don't sleep on this Landlord special!
OVERVIEW:
Type: Single Family Home
Size: 780 ft
Lot Size: 6,534
Year Built: 1948
Beds / Baths: 2/2
Big Front Year
Driveway with large front yard
HIGHLIGHTS:
Section 8 – low vacancy submarket
Cash-flowing rental - minimal entry
Property taxes under $150/yr 
Walking distance to transit, HWY 64
Room to improve and refi after stabilization
RENTAL COMPS
Rent: $950–$1,050/mo (Section 8 OK)
5711 N Park Dr: 2/1 → $995/mo
5611 Hallows Ave: 1/1 → $895/mo
2231 Loren St: 2/1 → $995/mo
SUGGESTED UPDATES
Est. 15-20k Rent Grade Rehab
Landscaping: Full yard clearing
Siding: replace damaged panels
Roof: Patch or replace sections
Windows: assume 4–6 new windows
Porch: Repair or replace stairs
Exterior paint touch-up
Flooring: consider full replacement (LVP) 
Entire interior Paint
Update Kitchen & Bathroom
HVAC: a new wall furnace or mini split
Electrical: Some rewiring & updates
General Pest remediation and sealing

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