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727 N 38th Street, East St Louis, IL, 62205

Turnkey investment opportunity with long-term tenant already in place! This well-maintained home features 3 bedrooms on the upper level, an additional bonus room in the basement, 1 full bathroom, and a convenient half bath downstairs. Currently tenant occupied with a long-term resident who would like to remain, providing immediate cash flow at $1,100 per month. Whether you're looking to expand your rental portfolio or add a stable income-producing property, this home offers strong potential and peace of mind with an established tenant already in place. Conveniently located with easy access to major highways, shopping, and amenities. Please do not disturb tenant.

Subdivision: Harris, M L, Cos Add

List Price

$ 45,000

Status

Active

Days on market

0

MLS#

26037786

Bedrooms

3

Full baths

2

Sq. Ft. Above

1,008

Sq. Ft. Below

400

Subdivision

Harris, M L, Cos Add

School District

East St Louis DIST 189

County

St Clair-IL

Property Type

Residential

Style

Bungalow

Type

Residential

Additional Information

Property Tax (2024)

$1,252

Recent Nearby Sales in 62205

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
1367 Pennsylvania Avenue, East St Louis, IL 62205 0/0 6,436 $500,000 $440,000
88% of ask
Aug 20, 2026
510 N 29th Street, East St Louis, IL 62205 2/2 1,310 $20,000 $27,900
139.5% of ask
Aug 17, 2026
734 Vogel Place, East St Louis, IL 62205 2/1 1,168 $36,000 $34,000
94.4% of ask
Aug 14, 2026
740 N 22nd Street, East St Louis, IL 62205 4/2 800 $30,000 $28,000
93.3% of ask
Jul 22, 2026
708 Alhambra Court, East St Louis, IL 62205 3/1 945 $58,900 $58,900
100% of ask
Jul 1, 2026
544 N 29th Street, East St Louis, IL 62205 0/0 1,260 $38,000 $38,000
100% of ask
Jun 18, 2026

Price & Listing History

Listed for sale
Jun 17, 2026 at $66,405
Price reduced by $21,405 (32.2%)
From $66,405 to $45,000
Current status: Active
As of Aug 22, 2026 · $45,000

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