Affordable four-unit multifamily investment opportunity in Granite City, Illinois, offered at $48,000. The property features a 2,249 SF two-story brick building on a 50' x 125' lot and is currently 25% occupied, with one occupied unit and three vacant units. The current tenant pays $635 per month, providing immediate income while leaving significant upside through lease-up of the remaining units. At just $12,000 per unit, this property offers a compelling value-add opportunity for an investor seeking a low-cost multifamily acquisition with room to increase occupancy and revenue. 2025 real estate taxes are approximately $2,300.64.
Excellent investment opportunity near Wilson Park! This well-maintained three-unit rental property offers a great opportunity for an investor looking to add an income-producing property to their portfolio. The building features three updated units, providing comfortable living spaces and strong rental potential. Conveniently located near Wilson Park, shopping, dining, schools, and major roadways. Whether you're an experienced investor or looking to purchase your first multifamily property, this is an opportunity worth exploring. Three units, updated interiors, and a desirable location make this property a must-see!
HUGE TRIPLEX COULD BE RETROFITTED TO LARGE FAMILY HOME. SOLD AS-IS. MOSTLY GUTTED. NEW REPLACEMENT WINDOWS AND DOORS WILL STAY. APPEARS TO BE NEWER ROOF 7-8 YRS OLD. MOTIVATED SELLER SAYS MAKE OFFER!!
Calling all investors! Don't miss this value-add four-family investment opportunity in the heart of Granite City. This multi-family property features four 2-bedroom, 1-bath units, offering excellent income-producing potential for investors looking to expand their portfolio or start building wealth. With spacious layouts and strong upside through renovations and increased rental income, this property is full of possibilities. Conveniently located near shopping, restaurants, schools, major highways, and local amenities, making it an attractive option for future tenants. Property is being sold AS-IS. Seller to make no repairs or provide any inspections. Schedule your showing today and unlock the potential of this income-producing property!
Coming Soon June 15th! Outstanding 6-unit brick investment property featuring six 1-bedroom, 1-bath apartments with living room, kitchen, laundry area, and bedroom. Several units have been updated. Three units currently occupied and three vacant for easy viewing. Newer roof, side parking, fenced front yard area, and a mix of central air and window units. Located directly across from a hospital, making it an ideal opportunity for long-term rentals or traveling nurse housing.
This 4 unit multi-family is waiting to be brought back to its former glory. The main level offers two units with high ceilings, eat-in kitchens, living rooms, and 1 bed/1 bath. The upper two units are studios with eat-in kitchens. The full basement offers storage, a large bathroom with garden tub, shared furnaces and hot water heater. The large lot has plenty of space for parking and storage in the 3 car deep garage. Great income potential in a good location. Property to be sold AS IS, seller to offer no warranties, repairs or inspections including occupancy.

Granite City is located in Illinois. Granite City, Illinois has a population of 27,336. Granite City is less family-centric than the surrounding county with 21.53% of the households containing married families with children. The county average for households married with children is 30.51%.
The median household income in Granite City, Illinois is $53,757. The median household income for the surrounding county is $66,882 compared to the national median of $69,021. The median age of people living in Granite City is 39 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 22.4 degrees. The average rainfall is approximately 41.8 inches per year, with 14.8 inches of snow per year.