Courtesy: Fusion Realty, LLC
618-781-9170
Exceptional Opportunity: Multi-Family, Two Charming brick Bungalow homes, one lot, multiple revenue streams. This versatile setup is ideal for Rental Income, long-term tenants, or multi-generational living. Live in one and rent the other one. Each residence is fully self-contained with private entrances, separate driveways, Front Porches, individual utilities, and full basements—maximizing privacy and income potential. A single detached storage building divided into two separate units—each with its own private entrance, dedicated to each home.. Square Ft. is for both properties. The FRONT HOME features 2 bedrooms and 1 bath. Recent upgrades include new Stainless Steel Appliances, refinished wood flooring, New Kitchen Cabinets and Butcher Block Counter & Sink, updated Bathroom, plumbing, electrical, HVAC, water heater, doors, lighting, fans, trim and so much more... The REAR HOME Features 3 bedrooms, 1 bath and main floor laundry. New Stainless Steel Appliances, New Kitchen Cabinets, New Laminate Counter & Sink, updated Bathroom, plumbing, electrical, HVAC, water heater, doors, lighting & fans, trim and so much more... Most of the rehab is complete—only a few finishing touches remain. Property is sold AS IS; buyer responsible for occupancy. Priced at $250K—just $125K per unit. A rare chance to secure strong yield and long-term upside. Act fast—this one won’t last!
Courtesy: Worth Clark Realty
800-991-6092
Three-unit property located directly across from the hospital parking lot. The main level features a 2-bedroom, 1-bath apartment with full kitchen, currently vacant and available to view. The upper level includes two efficiency units with separate entrances. Lower unit needs some cleaning and updates. Seller to make no repairs. Excellent opportunity for an investor or owner-occupant looking for rental income. Strong rental demand in the area.
Courtesy: ELRE03
Looking to add to your portfolio? Need to identify your 1031X property? Here are 4 residential units (2 upper and 2 lower) AND an 1 "open canvas" commercial opportunity, just waiting for your vision. Hint, hint, can you say ARV possibility? All four residential units are occupied. Three on leases, one on month to month. Commercial property is vacant. Units A, B and C have been recently remodeled with recent occupancy inspections. Owner pays trash and lawn care. Showings with an accepted offer. Walk through to be scheduled within 4 days of an accepted contract. *** May require commercial financing. Seller is also selling MLS 25073965. May consider package. ****
Courtesy: ELRE03
Looking to add to your portfolio? Need to identify your 1031X property? Here are 4 fully occupied, residential units (2 upper and 2 lower) All four are on leases and all have been updated. Inspections were completed upon placement. Owner will provide leases and permits in hand, but will not facilitate new permits or inspections. Owner pays water, sewer, trash and lawn care. Showings with an accepted offer. Walk through to be scheduled within 4 days of an accepted contract. *** Seller is also selling MLS 25073987. May consider package. ****
Courtesy: Coldwell Banker Brown Realtors
618-656-2278
MULTI-UNIT Investment property remodeled & duplex is ready to rent! Charming two-story duplex in the front featuring OPEN CONCEPT w/9' ceilings, cove molding & new LVP flooring . Live on one side and rent the other! One side features 2-BR unit & other is a 1-BR unit. New kitchens w/new SS appliances, cabinetry, sink & countertops. New baths, hot water heaters, lights fixtures, GFCI's & switches. Both units have high eff furnaces, own laundry hookups in basement plus storage. Fresh paint throughout. Roof 2022. Rear unit is an efficiency unit built over garage that still needs some work. Prior to closing, seller will clean out garage/storage space & get occup permit for A & B (front duplex).
Courtesy: Keller Williams Marquee
618-307-5616
Looking to increase your passive income? Looking for a home with a Mother-In-Law suite? This property previously brought in $2000 a month in income. The front home is a 3 bedroom, 2 bath, eat-in kitchen and laundry with a nice sized fenced yard. The rear unit is a 1 bedroom, 1 bath, laundry service, extra storage and comes with furnishings. Call your favorite agent today and schedule a private tour!
Courtesy: Keller Williams Pinnacle
618-226-6447
Amazing opportunity to own a well-maintained all-brick duplex in Granite City! This turnkey property features two updated units, each with 2 bedrooms and 1 bathroom—perfect for living in one and renting out the other or as a full investment property. Recent improvements include all new windows, updated electrical (two new panels) and some plumbing, fresh landscaping, fire pit area, downspouts, and a power line to the detached 2-car garage. Both units are clean, modern, and move-in ready. The full basement is spotless and offers plenty of extra storage space or potential to finish for additional living or recreational use. Located in an established neighborhood, this property combines charm, functionality, and investment potential. Whether you're a first-time homebuyer looking to offset your mortgage or an investor expanding your portfolio, this duplex is a rare find. Don’t miss out—schedule your private showing today and take advantage of this fantastic opportunity!
Courtesy: eXp Realty
888-574-9405
4-Unit Fixer-Upper with Endless Potential – 2205 Grand Ave, Granite City! Attention investors and rehabbers — here’s your chance to bring a solid 4-unit property back to life and unlock its full income potential! Located in the heart of Granite City, this multi-family building offers FOUR spacious units, each with 1 bedrooms and 1 bathroom, waiting for your vision and updates. Each unit is 900 sq ft and includes separate water and electric meters! With the right improvements, this property can generate strong rental income or serve as a great live-in / rent-out opportunity. The brick exterior provides lasting durability, while the convenient location near shopping, dining, schools, and highways makes it attractive to future tenants. Value-add opportunity for investors or DIY buyers. Strong rental demand in the area. Brick construction for low maintenance. Affordable entry point into multi-family investing. Bring your creativity and transform this property into a cash-flowing investment or affordable home option. Properties with this much upside don’t last long — schedule your showing today!
Courtesy: Beycome Brokerage Realty LLC
804-656-5007
2411 Grand Ave, Granite City, IL 62040Charming and well-kept home offering flexible living spaces for multi-generational families or those needing extra room for guests, hobbies, or a home office. Spacious layouts with plenty of natural light create a warm, inviting atmosphere. Features include off-street parking and a shared outdoor area, with convenient access to schools, shopping, dining, and public transportation. A wonderful opportunity to enjoy comfort and space in a great location.
Courtesy: Keller Williams Pinnacle
618-226-6447
Four-plex! Each of the four units features 2 bedrooms and 1 bathroom, offering functional layouts perfect for tenants. With room to renovate for even more value, the potential here is huge. Take the first step toward building your wealth!
Courtesy: Nester Realty
618-624-0400
MUST CHECK THIS OUT!! 2222-32 ALEXANDER FEATURES 6 ONE BEDROOM UNITS IN GREAT CONDITION. 100% RENTED. RENTS VARY FROM $500 TO $650, WITH LONGER TENANTS PAYING LOWER AMOUNTS. TOTAL RENTS ARE $3425 MONTHLY. TAXES $3757 YEARLY. INSURANCE $3950 PLUS $750 FOR FLOOD INSURANCE YEARLY. WATER/SEWER $375 MONTHLY. TRASH $135 QUARTERLY. WELL-MAINTAINED. NEWER THERMAL WINDOWS IN BACK. STORM DOORS. NEWER FRONT PORCHES. UPDATED ELECTRIC. AGE OF FLAT ROOF IS UNKNOWN. FULL BASEMENT. TENANTS HAVE ACCESS TO BASEMENT FOR THEIR ELECTRICAL BOXES, BUT NOT FOR STORAGE. ALSO THERE ARE 3 WATERS HEATERS, WITH 2 UNITS SHARING ONE HWH. SPACIOUS BACK YARD. EXCELLENT INVESTMENT OPPORTUNITY!! PRICED BELOW MARKET VALUE. CONTRACT WILL HAVE TO BE SIGHT UNSEEN.
Courtesy: Coldwell Banker Brown Realtors
618-667-3404
Turnkey Investment with Guaranteed Income & Expansion Potential! This 12-unit apartment complex is a prime investment opportunity, generating $11,500 in contracted monthly income from Chestnut Health Systems. The tenant handles full property management and rehabs units as needed, ensuring a truly passive income stream for the owner. The complex consists of 8 one-bedroom units and 4 efficiency units, all fully furnished by the tenant. Additionally, there is a 3,000 sq. ft. basement that is not currently leased, presenting a valuable opportunity for additional income. Second building has 4ft crawl. On-site laundry facilities in the basement provide further convenience and revenue potential. The owner covers utilities, insurance, and major maintenance, including roof, HVAC, and hot water heaters. Some units have been recently updated with new HVAC systems and hot water heaters. The roof is newer, adding to the long-term stability of this investment.
Courtesy: H3 Capital Real Estate, Llc
618-622-3343
Tri-Plex in the heart of Granite City! Newly renovated and fully occupied! Don't miss out on the chance to own this property with instant cash flow! New water heaters, HVAC, appliances, plumbing, gutters w/ guards, and electrical panels all in 2024! All tenants currently on year long leases with passed city occupancy! Reach out to your favorite agent to set up a showing today! Property being sold as-is. Buyer to provide pre-approval / proof of funds before showing.
Courtesy: Keller Williams Marquee
618-691-0547
Time to start your investment portfolio? Have some 1031X funds? Want to add 8 more doors? Here's an OPPORTUNITY to INCREASE monthly CASH FLOW. Listing consists of 1bd/1ba ground & upper units. Some w/ bonus areas. As of 3/15/25, 4 units are occupied. Renovations for the 5th/6th units needed. Numbers are estimates/may vary based on multiple factors. Selling AS IS & NO REPAIRS WILL BE MADE. Buyer responsible for municipal inspections. Inspections required for placement of current tenants were completed. Tenants pay electric. Seller pays w/s/t & lawn. Occupied units have refrigerator, stove & wall unit for heat. Some fixtures updated. Both sets of stairs to basement; upper landing & handrails have been rebuilt. Water heaters/supply lines updated. Coin operated laundry on site. ** PORTFOLIO PURCHASE. Includes this property -6 doors, & 2 SF Homes - MLS# 25016468 & 25016461. ** Ask your agent for rents. Price reflects the home’s value w/in the package deal, will require commercial financing.
Courtesy: Coldwell Banker Brown Realtors
618-656-2278
Calling All Investors! Here's your chance to secure a solid investment with immediate income and future growth potential. This brick duplex comes with an adjoining lot (parcel #22-2-20-18-16-405-048) offering a combined total of approximately 10,000 square feet of land. Each unit is currently occupied, providing steady cash flow, and with one tenant moving soon, there's a golden opportunity to renovate and increase rental income. Whether you're thinking of upgrading the existing unit or exploring creative ways to maximize the lot like adding a tiny home or accessory dwelling unit. This property offers flexibility and long-term value. Conveniently located and full of potential, it's a smart addition to any investor's portfolio.
Courtesy: Nester Realty
618-236-0400
2 bedroom Ranch on one side. 2 bedrooms upstairs on the other side. There is a 2 car garage-each unit has 1/2 of the garage. There is a full basement and each unit has use of their portion of the basement.
Courtesy: Coldwell Banker Brown Realtors
618-667-3404
Turnkey Investment with Guaranteed Income & Expansion Potential! This 12-unit apartment complex is a prime investment opportunity, generating $11,500 in contracted monthly income. The tenant handles full property management and rehabs units as needed, ensuring a truly passive income stream for the owner. The complex consists of 8 one-bedroom units and 4 efficiency units, all fully furnished by the tenant. Additionally, there is a 3,000 sq. ft. basement that is not currently leased, presenting a valuable opportunity for additional income. Second building has 4ft crawl. On-site laundry facilities in the basement provide further convenience and revenue potential. The owner covers utilities, insurance, and major maintenance, including roof, HVAC, and hot water heaters. Some units have been recently updated with new HVAC systems and hot water heaters. The roof is newer, adding to the long-term stability of this investment.
Courtesy: Century 21 Bailey & Company
618-931-2121
Nice duplex with possible monthly income of $1520.Tenants right do apply and will need a 24 hr notice on all showings. 2 Family unit with long term tenants in the upper unit rented out for $570 per month and tenant will let you in for showings but requires 24 hr notice. Downstairs unit was rented out for $950 per month until recently. Upper unit is on a month-to-month lease. Building has a new roof, with new siding. Both units are 2 bed and 1 bath with a garage and off-street parking for the tenants, upper unit has parking in the rear from the alley and the driveway is a shared driveway. Not far from parks and shopping. Located on high traffic area and on many local parade routes. This is an estate sale and being sold as is, seller will do no inspections or repairs. TAX PRORATION AT TIME OF CLOSING IS FINAL.
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.
