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Granite City, IL, 62040 • 62040 • Madison County
$54/sqft
-$15,000 since Mar 2, 2026
Down payment assistance available
4Beds
2Baths
1,761Sqft
0.11 acLot
1935Built
Traditional Style
Built 1935 · 91 years of history
Northlands Add
62040
This home is getting attention
Listed 82 days ago · 269 views · 11 saves
Demand and pricing signals for this listing
269 views
People checking out this listing
11 saves
Buyers have saved this home
82 days on market
Established listing
$54/sqft
Price per square foot
This home ranks in the top 42% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1935 · Historic
Unique income-producing opportunity featuring two residences on one property in a convenient Granite City location. The front home is a charming all-brick property with a covered front porch offering 2 bedrooms, 1 full bath, kitchen, dining area, living room, and a basement for storage. HVAC on the front unit is approximately 2 years old and the hot water heater is approximately 3 years old. The rear residence is a home with an attached garage and offers a versatile layout with a family room and utility room on the lower level, plus 2 bedrooms, 1 full bath, living room, and kitchen upstairs. AC Unit 1 year old and newer hot water heater. The roof on both units are approximately 7 years old. This property is ideal for an investor looking to add a strong rental income property to their portfolio. Both units are currently tenant-occupied with one-year signed leases in place, providing immediate cash flow. Property is being sold "as is" sellers will not give any credits and will do no repairs, but both properties have passed City Occupancy, making this a true turnkey investment.Don’t miss this excellent opportunity to own a multi-unit income property with built-in tenants in a well-established neighborhood.
Standout features identified
Our analysis highlights charming all-brick property and covered front porch as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $76,000 loan
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Key facts and listing details
4 categories of property features
Market data and value estimates
3 schools rated nearby
Granite City, IL, 62040
13 events
23 years of records
Local context around this listing
Granite City, IL • Madison County
Nearby cities
Nearby zip codes
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