Liquidity Services Brands

(No Reserve) Single Family House close to St. Louis Downtown

$4,900.00 USD
Closes: 

2d21h(Jul 11, 2025 08:00 PM UTC)

$50.00 USD

Bid Increment
Sales/Lot Type:

Online Auction

Removal & Shipping:

Buyer Must Arrange. See details.

Preferred shipping vendors: View now.

Subject to an auto-extension of the auction end time.

You are already theHighest Bidder

Full payment details can be found in here

I have read and understand the Terms & Conditions, my bid amount is correct, and I can arrange shipping/handling.

Your account will be locked if you are the winning bidder and fail to pay for this asset. Additionally, you will be charged a service fee of 40% of your winning bid.

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The Minimum Bid is USD 4,900.00.
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WATCHERS: 20 |VISITORS: 26

Taxes

To be added at payment

Buyer's Premium

12.5%

Additional Fees

USD 500.00

Seller

Laporte Investments LLC (2) - Real Estate Remarketing, IL

Account Type

Commercial

Seller's Terms & Conditions

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Seller's Other Items

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Description

Lot#

26061-1040

Condition

Used/See Description

Link to lots from seller starting at $1-Bid

No reserve. Winning bidder will buy the house irrespective to final bid.

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

About St. Louis:
https://www.youtube.com/watch?v=jbI95_ZUbdI

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.

Property Description:
Address: 550 MILDRED AVE., CAHOKIA, IL 62206
House Area: 900 Sq Ft.
Bed: 2
Bath: 1
Lot Size: 40 X 258 Sq Ft
Parcel ID: 06-02.0-100-042
County: St. Clair

The seller owns the property outright. This bid covers 100% of the purchase price, making the winning bidder the sole owner of the real estate. The property is sold 'As-is' without any inspection by the seller. It is not move-in ready and may require work. The seller will issue a quitclaim deed.

Buyer pays = Winning bid +$500 for document processing + 12.5% of purchase winning bid as buyer premium.

Property Taxes:
The buyer is responsible for the past-due property taxes of $3100 (2022 pay 2023 and 2023 pay 2024) and taxes that will be due in 2025 (2024 pay 2025). These taxes are not due at the time of closing and can be paid directly to the county later. There are no other past due taxes.

Seller Information

Seller:

Laporte Investments LLC (2) - Real Estate Remarketing, IL

[ view seller's other assets ]

Inspection

All potential real estate bidders are reminded that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence.

It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property. Buyers do so at their own risk.


Payment

PAYMENT

If you are the winning bidder, you will facilitate payment by referring to the My Bids section of your account.

Note:

1. Payment is due within 2 (Two) business days of auction closure.

2. Any invoice $5,000 or above requires payment via wire transfer.

3. Depending on your history with GovDeals, you may be limited to the number of auctions/transactions that you can participate in simultaneously AND/OR the dollar amount that you can pay via credit card, debit card or PayPal. For additional insight, please visit the Probation FAQ.

Removal

***SELLER TO PREPARE DEED DIRECTLY***

Upon receipt of the payment by Govdeals, the seller will utilize the buyer's name and address information on the certificate to prepare the deed paperwork. Subsequently, the seller will submit the deed to the county for recording and send copies to the buyer. It remains the seller's responsibility to ensure the deed is recorded with the county.

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Special Instructions

NOTICE: If you are the winning bidder and default by failing to adhere to this seller's terms and conditions, your account with Liquidity Services WILL BE LOCKED.

Guaranty Waiver: All property is offered for sale “AS IS, WHERE IS.” (Seller) makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, all sales are final.

Additional Information

First time bidding? Please review our Terms and Conditions.

For further assistance please review our Frequently Asked Questions.

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