- Categories
Surplus BioPharma
- Find Auctions
- Locations
- Closing Today
- New Listings
25d5h(Aug 05, 2025 01:43 AM UTC)
$200.00 USD
Bid Increment$16,950.00 USD
Buy NowOnline Auction
Location:
East Saint Louis, Illinois, USASubject to an auto-extension of the auction end time.
Possible Bad Bid
25752-180
Used/See Description
2 Bedrooms | 1 Bathroom | Low Taxes | High Cash Flow Potential
This East Saint Louis property offers unbeatable value for investors. Whether you're looking to rehab and rent or flip for profit, 1421 N 53rd St delivers the fundamentals: location, structure, and price point.
✨ Property Highlights:
🛏 2 Bedrooms
🛁 1 Bathroom
🏠 Single-family home on a quiet residential block
🔧 Needs full renovation – perfect for investors or contractors
🚶 Walkable to local shops and minutes from public transit
📍 Easy access to highways, schools, and downtown St. Louis
📈 Comparable Sales in the Area:
1404 N 54th St – Sold for $55,000 (2 Bed / 1 Bath)
5200 Bond Ave – Sold for $51,000 (2 Bed / 1 Bath)
1430 N 52nd St – Sold for $48,500 (2 Bed / 1 Bath)
🌆 Why East Saint Louis?
East Saint Louis continues to attract real estate investors seeking strong returns and low barriers to entry. With close proximity to St. Louis job centers and ongoing infrastructure investment, the city offers:
High demand for affordable rentals
Access to MetroLink, highways, and regional employers
Eligible for Section 8 and other rent guarantee programs
Low property taxes and strong long-term upside
1421 N 53rd St is your chance to capitalize on an affordable, high-upside property in one of the most investor-accessible markets in the region.
Buyers are welcome to visit the property prior to placing a bid if they are able to. We are not based in the local area though, so no one will be there to meet you. Buyers do so at their own risk. It is highly recommended that interested bidders arrange for an external inspection personally or through a designated and that they contact the county or city in which the property is located to confirm the status of the property. 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. Additionally, buyers acknowledge and agree that the seller and any representatives thereof shall not be held liable for any accidents, injuries, or damages that may occur during or as a result of the property visit. Buyers enter the property at their own risk and are responsible for their own safety. Furthermore, buyers understand that any information provided by the seller or its representatives is for informational purposes only and should not be solely relied upon. It is recommended that buyers independently verify all information provided, including but not limited to property boundaries, zoning regulations, and any potential legal encumbrances. Buyers acknowledge that the seller makes no representations or warranties regarding the title, ownership, or legal status of the property. It is the buyer's responsibility to conduct a title search and obtain appropriate legal advice to ensure clear and marketable title. By participating in the bidding process, buyers release the seller and its agents from any and all claims, liabilities, and damages arising from or related to the property, including but not limited to environmental issues, structural defects, or undisclosed property conditions. Buyers understand that any deposits or earnest money submitted with their bid are non-refundable, regardless of whether the bid is successful or the transaction closes. This helps ensure serious and committed bidders only participate in the auction process. Additionally, buyers acknowledge and agree that they are solely responsible for any utilities, property expenses, HOA fees, survey fees, boundary fees, property taxes, ground testing costs, or any other expenses associated with the property, whether current or outstanding. The seller shall not be liable for any such fees or expenses. Buyers also understand and accept that the property is being sold strictly in its current condition, "as-is," with no warranties or representations, express or implied, including but not limited to warranties of merchantability or fitness for a particular purpose. Furthermore, buyers are informed that Sellers are liquidators, and these properties are sold with a significant discount. Sellers have not visited these properties and therefore cannot provide detailed information beyond what is publicly available. Buyers are encouraged to do all due diligence on the properties but may not enter any premises without written permission from the seller. This property will be sold with a notarized quitclaim deed to the buyer. All sales are final. We do guarantee that we have the legal right to transfer ownership to seller and that there are no outstanding mortgages on properties for sale.
The Buyer Service Fee is to be paid electronically via the 'My Bids' page. The remaining sale amount is paid directly to client at either time of pickup or according to any special payment instructions.
The Buyer's Certificate will contain information to schedule payment & removal.
Once the Buyer Service Fee has been paid to Liquidity Services, payment of the asset in full is due no later than five (5) business days from the time and date of the Buyer's Certificate. Acceptable forms of payment are: Wire Transfer (ACH Not Accepted), Zelle, or Certified Bank Check.
Checks shall be made payable to: Pitman Realty LLC
***SELLER TO PREPARE DEED DIRECTLY***
Upon receipt of the payment and title information, the quit claim deed will be sent to the County to be recorded into your name by the seller and a copy of the deed will be emailed to you for your records.
There is a $399.95 document fee and processing fees.
Discover unbeatable nationwide transporters from our preferred shippers. Explore our curated list of qualified third-party shipping vendors to revolutionize your shipping experience.
ABBA Freight Systems
USA - All StatesServices: Transportation FTL dedicated LTL oversized loads
ADCOM Worldwide
USA - All StatesServices: Full service pickup, packing, crating, domestic and international shipping
ADM Logistics
USA - All StatesServices: Logistics provider and broker with access to a far-reaching transportation network with the backing of a Fortune 30 Company
FreightSaver
USA - All StatesServices: Full service pickup, packing, crating, rigging, blanket wrap, domestic and international shipping, warehousing, in house customs brokerage
MoveIt Auction Services
USA - All StatesServices: Full service pickup, packing, crating, rigging, blanket wrap, domestic and international shipping
Navis Pack & Ship
USA - All StatesServices: Full service pickup, packing, crating, domestic & international shipping
Pak Mail
USA - All StatesServices: Full service pickup, packing, crating, domestic & international shipping
Preferred Shipper
Buyers are welcome to visit the property prior to placing a bid if they are able to. We are not based in the local area though, so no one will be there to meet you. Buyers do so at their own risk. It is highly recommended that interested bidders arrange for an external inspection personally or through a designated and that they contact the county or city in which the property is located to confirm the status of the property. 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. Additionally, buyers acknowledge and agree that the seller and any representatives thereof shall not be held liable for any accidents, injuries, or damages that may occur during or as a result of the property visit. Buyers enter the property at their own risk and are responsible for their own safety. Furthermore, buyers understand that any information provided by the seller or its representatives is for informational purposes only and should not be solely relied upon. It is recommended that buyers independently verify all information provided, including but not limited to property boundaries, zoning regulations, and any potential legal encumbrances. Buyers acknowledge that the seller makes no representations or warranties regarding the title, ownership, or legal status of the property. It is the buyer's responsibility to conduct a title search and obtain appropriate legal advice to ensure clear and marketable title. By participating in the bidding process, buyers release the seller and its agents from any and all claims, liabilities, and damages arising from or related to the property, including but not limited to environmental issues, structural defects, or undisclosed property conditions. Buyers understand that any deposits or earnest money submitted with their bid are non-refundable, regardless of whether the bid is successful or the transaction closes. This helps ensure serious and committed bidders only participate in the auction process. Additionally, buyers acknowledge and agree that they are solely responsible for any utilities, property expenses, HOA fees, survey fees, boundary fees, ground testing costs, or any other expenses associated with the property, whether current or outstanding. The seller shall not be liable for any such fees or expenses. Buyers also understand and accept that the property is being sold strictly in its current condition, "as-is," with no warranties or representations, express or implied, including but not limited to warranties of merchantability or fitness for a particular purpose. Furthermore, buyers are informed that Sellers are liquidators, and these properties are sold with a significant discount. Sellers have not visited these properties and therefore cannot provide detailed information beyond what is publicly available. Buyers are encouraged to do all due diligence on the properties but may not enter any premises without written permission from the seller. This property will be sold with a notarized quitclaim deed to the buyer. All sales are final.
First time bidding? Please review our Terms and Conditions.
For further assistance please review our Frequently Asked Questions.