ATTENTION INVESTORS: Deeply Discounted Single Family House for Sale in Cahokia, Illinois - Flip or Rental Potential

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🏠 ATTENTION INVESTORS: DEEPLY DISCOUNTED SINGLE FAMILY HOUSE IN CAHOKIA, ILLINOIS 🏠 2 Bedrooms | 1 Bathroom | Approximately 0.17-Acre Lot Buy right, add value, and put your renovation skills to work. 11 Gladys Dr, Cahokia, IL 62206 offers a red-brick single-family rehab opportunity on a tucked-away residential street in the Metro East. With St. Louis across the river and investment in nearby aviation and healthcare, consider a flip, a rental or a long-term hold. 💰 INVESTOR HIGHLIGHTS ✅ Deeply discounted rehab opportunity with a low-entry investment focus. ✅ Three ways to win: renovate and resell, fix and rent, or buy and hold. ✅ HUD rental benchmarks: $1,270 monthly for a 2-bedroom home in ZIP 62206. ✅ Nearby growth: Gulfstream expansion, an approved replacement hospital and additional industrial development sites. ✅ Employment access: Touchette Regional Hospital about 6 minutes away; St. Louis Downtown Airport, home to Gulfstream operations, about 13 minutes. ✅ AreaVibes grades Cahokia A+ for cost of living. ✅ Local shopping and access to Route 3, I-255 and downtown St. Louis. 📊 HUD FAIR MARKET RENT FY2027 Small Area FMRs, ZIP 62206, St. Louis, MO-IL HUD Metro FMR Area. Effective 10/01/2026. - 2 Bedroom: $1,270 per month (current listed bedroom count) - 3 Bedroom: $1,630 per month (potential if reconfigured) - 4 Bedroom: $1,880 per month (potential if reconfigured) HUD benchmarks are gross rents, including tenant-paid utilities, used in setting Housing Choice Voucher payment standards. They are not guaranteed rent or voucher approval. Any reconfiguration depends on feasibility and required approvals. 🚀 GROWTH COMING TO CAHOKIA Nearby Cahokia Heights and Sauget projects expand the surrounding area's investment story: - Gulfstream announced completion of its $30 million-plus expansion at St. Louis Downtown Airport on 05/01/2025; the expansion added 200 jobs. - Touchette's $231 million, 108-bed replacement hospital in Cahokia Heights received state approval on 07/21/2026. - More than 160 acres in and around Sauget Business Park were added to the regional rail-accessible development-site pipeline (reported 05/29/2026). These are development opportunities, not completed facilities or promised jobs. 📍 PRIME LOCATION Approximate mapped drive times from Gladys Drive; traffic and exact destination entrances affect travel: - Touchette Regional Hospital, Bond Avenue: about 6 minutes - Schnucks, Camp Jackson Road: about 8 minutes - St. Louis Downtown Airport, Archview Drive: about 13 minutes - Downtown St. Louis, near Gateway Arch National Park: about 19 minutes The Metro East setting connects local residential streets with Route 3, I-255 and the St. Louis employment market. 🌲 LIFE IN CAHOKIA Explore the surrounding region's history and riverfront: Cahokia Courthouse locally, Cahokia Mounds State Historic Site in Collinsville, and Gateway Arch National Park in downtown St. Louis. This is Metro East living with access to attractions on both sides of the Mississippi. 🔨 THE OPPORTUNITY This house needs substantial rehab. The red-brick exterior, driveway and unfinished end bay with a boarded opening give you a starting point—not a finished renovation. Bring a practical scope of work and a clear exit plan, then evaluate the rental, resale or hold potential after improvements. ⚡ DON'T MISS IT Bring your tools, your vision and your renovation plan to 11 Gladys Dr. Explore the opportunity and make your move. Photos have been digitally enhanced and virtually landscaped.