243 88th Street East St Louis, IL 62207

Description

Price listed is Starting Bid Only. Bidding starts closing 7/22/2026 @ 6 p.m. Exceptional redevelopment and owner-user opportunity in East St. Louis! Situated on a sprawling 3.43± acre commercial parcel, this versatile 10,080± square foot building, constructed in 1996, offers outstanding visibility, ample parking, and endless possibilities for a variety of business ventures. Formerly operated as an entertainment venue, the single-story facility features three full-service bars, multiple lounge and gathering areas, additional private rooms, a commercial kitchen with dining space, a dressing room, and five bathrooms with showers. The paved and striped parking lot accommodates approximately 185 vehicles and is complemented by monument signage for enhanced exposure. Included in the sale are furniture, fixtures, equipment, select sound and lighting systems, kitchen equipment, and walk-in refrigeration, allowing investors and entrepreneurs to capitalize on the property’s existing infrastructure. The flexible floor plan lends itself to numerous potential uses including event space, restaurant, entertainment venue, religious facility, medical or healthcare redevelopment, contractor headquarters, warehouse operations, outside storage, truck parking, or other commercial ventures subject to local approvals. Conveniently located near major transportation corridors and approximately one mile from Touchette Regional Hospital, this property offers a unique combination of size, functionality, and redevelopment potential. The property falls under the zoning jurisdiction of Cahokia Heights, and any proposed use not currently permitted by applicable zoning regulations will require approval from the City of Cahokia Heights. Buyer to independently verify zoning, permitted uses, and all property information. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.