Investor Special! 2BR / 1BA Single Family Brick Home with 2 Additional Lots!

$3,500.00 USD
Closes: 

12d11h(Jun 12, 2026 10:00 PM UTC)

$150.00 USD

Bid Increment
Sales/Lot Type:

Online Auction — Subject to Seller Confirmation

Removal & Shipping:

Buyer Must Arrange. See details.

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

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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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WATCHERS: 10 |VISITORS: 85

Taxes

To be added at payment

Buyer's Premium

12.5%

Additional Fees

USD 400.00

Seller

Benjamin Legacy Group - Real Estate Remarketing, FL

Account Type

Commercial

Seller's Terms & Conditions

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Seller's Other Items

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Description

Great investor opportunity in East Saint Louis, IL!

This package includes a solid brick 2 bedroom 1 bathroom home located at:

1525 N 48th St, East Saint Louis, IL 62204

This property offers approximately 1,070 sq. ft., a full basement, and durable brick construction that adds long-term value and curb appeal. The property will require a full gut rehab as there is some fire damage.

This sale also includes two additional lots, giving buyers more land and flexibility than a standard single-parcel purchase:

1527 N 48th St, East Saint Louis, IL 62204 — approx. 0.15 acres - Parcel ID 02160202030
1531 N 48th St, East Saint Louis, IL 62204 — approx. 0.18 acres - Parcel ID 02160202029

This property package offers multiple potential exit strategies. Ideal for investors, rehabbers, landlords, or buyers looking for a renovation project with added land value.

Property is being sold as-is. Buyer is responsible for all due diligence, including condition, utilities, zoning, permits and permitted use.

Property Taxes:
No past due taxes. Buyer will be responsible for taxes due in 2027 (2026 payable 2027).

The seller will issue a quitclaim deed.
Property is being sold AS IS WHERE IS. Buyer responsible for all due diligence.
The seller owns the property outright. This bid is for 100% of the purchase price of the property. Winning Bidder will become 100% owner of this real estate.

Buyer pays $400 for document processing + 12.5% of purchase winning bid as buyer premium

Q & A

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Seller Information

Seller:

Benjamin Legacy Group - Real Estate Remarketing, FL

[ view seller's other assets ]

Account Type:

Commercial

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 5 (five) 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.

SALES TAX

When applicable, sales tax is calculated based upon the auction’s advertised location.

If you are seeking sales tax exemption, you must complete Liquidity Services’ tax exemption form(s). We recommend doing this prior to the auction’s closure or before making payment. To do so, please visit Liquidity Services' Tax Exemption Submission Tool.

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 quit claim deed paperwork. Subsequently, the seller will submit the quit claim 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.

Removal and Transportation Options

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MoveIt Auction Services

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Navis Pack & Ship

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Pak Mail

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Preferred Shipper

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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