$285,500
Address Withheld Granite City, IL 62040
- 2,470
- sqft
- 1950
- year built
- Status:
- Active
- MLS #:
- 26057997
- Neighborhood:
- Kensington Place
- County:
- Madison
- Listed By:
- Kevin Wrigley - Fusion Realty, LLC
- Agent Phone:
- (618) 781-9170
- Agent Email:
- kwrigley@fusionrealty.net
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Unique investment opportunity to buy a 6 Family building. Six one bedroom units in great condition. 100% rented. Market rents are about $650, Well-maintained. Newer thermal windows in back. Storm doors. Newer front porches. Updated electric. Full basement. Tenants have access to basement for their electrical boxes, but not for storage. Spacious back yard. Excellent investment opportunity!! Priced below market value. One unit is available for viewing currently with the other upon contract
Highlights
- Residential Income
- Multi Family
- Built in 1950
- 0.2984 Acre Lot
- 67 days on Market
-
- Year Built
- 1950
-
- Architectural Style
- Ranch
-
- Construction Materials
- Vinyl Siding
-
- Living Area
- 2470.0
-
- Cooling
- Window Unit(s)
-
- Heating
- Baseboard
-
- Basement
- Full
-
- Acres
- 0.2984
-
- Water
- Public
-
- County
- Madison
-
- City
- Granite City
-
- Neighborhood
- Kensington Place
-
- Zip Code
- 62040
-
- High School
- Granite City
-
- Middle School
- GRANITE CITY DIST 9
-
- Elementary School
- GRANITE CITY DIST 9
-
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Estimated Value
$177,413
Estimated Sales Price Range:
$124,189 - $230,636
Source: Constellation Data Labs
Price History
| 09/08/2026 | Listed | $285,500 |
| Source: MARIS MLS #26057997 | ||
| 02/26/2025 | Off Market | — |
| Source: MARIS MLS #25007499 | ||
| 02/26/2025 | Off Market | — |
| Source: MARIS MLS #25007499 | ||
Source: MLS Data
Deed History
| 12/20/2005 | Warranty Deed | $112,000 |
| 10/10/2003 | Warranty Deed | $100,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 12/20/2005 | Commercial | $89,600 |
| 10/10/2003 | Commercial | $75,000 |
Source: Public records via Constellation Data Labs
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Similar Listings
Look Throughout Granite City
There are currently 171 properties available in Granite City, with 19 under contract to close soon. Properties in the city have an average sale price of $132,928 and typically spend 85 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about ?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $285,500. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Granite City, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for ?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for at around $1,973. This includes estimated property taxes and insurance.
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Or, let us connect you with our preferred local lender in Madison County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for ?
In most cases, yes. Whether is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Granite City's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $285,500 with 2,470 sqft of space—that comes out to approximately $116 per square foot.
How long has this property been on the market?
was listed on September 08, 2026, which means it's been on the market for 67 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1950, making it approximately 76 years old.
What is the lot size of this property?
sits on a 0.3-acre lot, which is 13,068 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: GRANITE CITY DIST 9
- Middle: GRANITE CITY DIST 9
- High: Granite City
Want to see how these schools compare? Check out our Madison County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for ?
The most recent public record shows annual property taxes for were approximately $4,181. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Based on information submitted to the MLS GRID as of November 14, 2026 at 01:57PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Source: MARIS MLS | MLS#: 26057997