Off Market11417d on market

16 Terrace Ln

Granite City, IL, 62040 • 62040 • Madison County

$191,100

$135/sqft

5Beds

2Baths

1,416Sqft

0.26 acLot

1958Built

Market activity

Demand and pricing signals for this listing

8 views

People checking out this listing

11417 days on market

Established listing

$135/sqft

Price per square foot

About this home

Single Family · Built 1958

This 1416 square foot single family home has 5 bedrooms and 2.0 bathrooms. This home is located at 16 Terrace Ln, Granite City, IL 62040.

Estimated monthly payment

Based on current rates

$1,249/month

Principal & Interest$994

Property Tax$191

Insurance$64

Down payment20% ($38,220)

3%50%

Est. 6.77% rate · 30yr fixed · $152,880 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingleFamily

Year Built1958

HeatingOther

CoolingCentral

ParkingGarage - Attached

Lot0.26 Acres

Property

Home typeSingle Family

Year built1958

Systems

HeatingOther

CoolingCentral

Constructionbrick

Parking & Outdoor

ParkingGarage - Attached

Lot0.26 Acres

Location & Tax

Neighborhood62040

Annual tax$4,197

Parcel222200808201003

Features & details

5 categories of property features

Interior Features

Heating

Other

Cooling

Central

Exterior Features

Exterior

Brick

Parking

Garage - Attached

Construction

brick

Listing insights

Market data and value estimates

StatusOff Market

Days on market11417

Est. value$191,100

Est. rent$1,713/mo

Tax rate1.87%

Price/sqft$135

Last sold$128,000

Tour days6

How are the schools in Granite City?

3 schools rated nearby

Frohardt Elementary School

Elementary • Public • 3-4

0.6 mi

Coolidge Middle School

Middle • Public • 7-8

0.8 mi

Granite City High School

High • Public • 9-12

1.0 mi

Location

Granite City, IL, 62040

Expand map

Price history

1 event

DateEventPrice$/sqftSource

Jan 5, 1995Sold$128,000$90Agent Provided

Sold$128,000

Jan 5, 1995•$90/sqft•Agent Provided

Tax history

23 years of records

YearTax paidAssessed value

Apr 10, 2024$4,197$59,160

Apr 10, 2023$4,030$53,320

Apr 10, 2022$4,287$48,860

Apr 10, 2021$4,119$45,820

Apr 10, 2020$3,465$43,760

Apr 10, 2019$3,845$41,480

Apr 10, 2018—$40,270

Apr 10, 2017$3,129$40,270

Apr 10, 2016$3,389$41,760

Apr 10, 2015$3,389$41,760

Apr 10, 2014$3,389$41,760

Apr 10, 2013$3,389$41,760

Apr 10, 2012—$41,210

Apr 10, 2011—$49,080

Apr 10, 2010—$49,080

Apr 10, 2009—$49,080

Apr 10, 2007—$46,660

Apr 10, 2005—$44,130

Apr 10, 2004$2,878$40,180

Apr 10, 2003$2,649$37,470

Apr 10, 2002$2,590$35,740

Apr 10, 2001—$33,840

Apr 10, 2000$2,300$32,750

Nearby homes

Off Market

$211,800

3 bd2 ba2,020 sqft

17 Terrace Ln, Granite City, IL

Off Market

$179,600

3 bd2 ba1,296 sqft

15 Terrace Ln, Granite City, IL

Recently Sold

$109,900

2 bd1 ba1,346 sqft

14 Terrace Ln, Granite City, IL

Off Market

$133,900

3 bd1 ba1,350 sqft

1869 Pontoon Rd, Granite City, IL

Off Market

$138,600

4 bd2 ba960 sqft

1817 Pontoon Rd, Granite City, IL

Off Market

$173,600

3 bd1 ba1,755 sqft

1877 Pontoon Rd, Mulkeytown, IL

Off Market

$115,400

3 bd1 ba1,236 sqft

1813 Pontoon Rd, Granite City, IL

Off Market

$253,700

4 bd2 ba2,145 sqft

18 Terrace Ln, Granite City, IL

Neighborhood details

Local context around this listing

Granite City, IL • Madison County

Nearby cities

AltonBethaltoCollinsvilleEdwardsvilleGlen CarbonGodfreyGranite CityHighland

Nearby zip codes

62040

Similar homes

For Sale

$189,900

3 bd2 ba1,750 sqft

2419 Woodlawn Ave, Granite City, IL

For Sale

$189,000

3 bd1 ba1,667 sqft

3121 Edgewood Ave, Granite City, IL

For Sale

$184,900

3 bd2 ba1,445 sqft

1713 Garfield Ave, Granite City, IL

For Sale

$185,000

4 bd2 ba1,248 sqft

2311 Orville Ave, Granite City, IL

For Sale

$199,999

3 bd2 ba1,637 sqft

4219 Old Alton Rd, Granite City, IL

For Sale

$209,900

4 bd2 ba1,962 sqft

5 Nightingale Ct, Granite City, IL

For Sale

$185,000

3 bd2 ba1,685 sqft

3124 Princeton Dr, Granite City, IL

For Sale

$150,000

3 bd2 ba1,516 sqft

2318 Waterman Ave, Granite City, IL

For Sale

3 bd1 ba2,070 sqft

5125 Rapp Rd, Granite City, IL

For Sale

$189,900

4 bd2 ba2,042 sqft

3038 Circle Dr, Granite City, IL

For Sale

$239,000

4 bd2 ba1,607 sqft

2431 Pine St, Granite City, IL

For Sale

$166,500

3 bd2 ba1,392 sqft

1612 Venice Ave, Granite City, IL

For Sale

$154,900

3 bd1 ba1,040 sqft

4500 Lake Dr, Granite City, IL

For Sale

$189,900

3 bd2 ba1,218 sqft

2611 State St, Granite City, IL

For Sale

$205,000

3 bd1 ba1,040 sqft

3320 Village Ln, Granite City, IL

For Sale

$150,000

3 bd2 ba1,729 sqft

2216 Woodlawn Ave, Granite City, IL

For Sale

$195,000

3 bd1 ba1,445 sqft

1100 27th St, Granite City, IL

For Sale

$130,000

3 bd1 ba1,352 sqft

2909 Grand Ave, Granite City, IL

For Sale

$213,000

3 bd2 ba1,774 sqft

2837 Grand Ave, Granite City, IL

For Sale

$159,000

3 bd2 ba2,059 sqft

4074 Breckenridge Ln, Granite City, IL

Tour This Home

Pick a date

Preferred time

Apr 10, 2026

No obligation · Same-day confirmation · Takes 30 seconds

Need a different time? Request custom scheduling

Have a Question?

Get details on this property, the neighborhood, or the buying process.

Ask About This Property

We typically respond within a few hours

Download property brochure

Photos, details & neighborhood info in one PDF

Get brochure

Free · No sign-up required

Get pre-approved

Know your budget & strengthen your offer

Check eligibility

Value estimates

Live

Est. value$191,100

Est. rent$1,713/mo

30yr rate est.6.77%

Affordability$1,303/mo

Own a home nearby?

See what it's worth in today's market

Get estimate

Schedule Tour Ask

No obligation · Same-day response