Granite City, IL Apartment buildings for sale

Updated: Sep 8

Six-Unit Apartment Building

2222 Alexander Street, Granite City, IL 62040

$285,500

2,470 sqft 0.30 AC lot

Six one‑bedroom apartment units with 100% occupancy
2,470‑square‑foot apartment building on 0.2984 acres
1950 ranch‑style construction with vinyl siding
Updated electrical service, newer rear thermal windows, storm doors, and front porches
Full basement with tenant access to electrical boxes; no tenant storage

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Updated: Jul 22

6-Unit Brick Apartment Building

2200 Iowa Street, Granite City, IL 62040

$295,000

4,148 sqft 0.17 AC lot

6 one‑bedroom, one‑bath apartments in a 4,148‑square‑foot building
Brick construction completed in 1963
Three units occupied and three units vacant
Several units have been updated
Newer shingle roof, side parking, porch, and fenced front yard

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Multifamily Portfolio in Granite City

2123 Edison, Granite City, IL 08820

Contact for pricing

24-unit multifamily portfolio across multiple properties in Granite City, Illinois.

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See hot listings in Granite City

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Granite City, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Eight-Unit Apartment Buildings

1906 Rhodes St, Madison, IL 62060

$520,000

2,250 sqft

Two-building rental property with recent exterior and insulation improvements.

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Brick Eight-Unit Apartment Building

Saint Louis, MO 63115

$60,000

7,636 sqft 0.19 AC lot

Brick construction and an unfinished rehabilitation project create a multifamily redevelopment opportunity.

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6-Unit Apartment Building

924 MADISON AVE, Madison, IL 62060

Contact for pricing

3,514 sqft

Six residential units are housed in one multifamily structure.

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8-Unit Apartment Building

4158 E Green Lea Pl, Saint Louis, MO 63115

$60,000

7,636 sqft

Apartment building requiring completion of a partially finished rehabilitation following tornado damage.

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Off-Market Properties in Granite City, IL

Consider similar Off-Market properties in Granite City, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

2323 Washington Ave, Granite City, IL 62040-5441

Estimated value:

$195,000

1,880 sqft 0.11 AC lot

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APARTMENT HOUSE (5+ UNITS)

2127 Lincoln Ave, Granite City, IL 62040-5555

Estimated value:

$330,000

3,780 sqft 0.23 AC lot

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APARTMENT HOUSE (5+ UNITS)

2215 Washington Ave, Granite City, IL 62040-5442

Estimated value:

$185,000

780 sqft 0.17 AC lot

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Multifamily properties

1A Parktown Dr, Granite City, IL 62040

Estimated value: by Request

8.30 AC lot

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Granite City, IL Apartment Buildings Market Trends and Statistics

Explore 7 apartment buildings for sale in Granite City, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,618 square feet of properties for sale, with an estimated market value of $580,500.

Sale prices for two-family homes in Granite City, IL start at $285,500, averaging $290,250, and reaching up to $295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
62040	$290.3K

Neighborhood

Average Price

62040

$290.3K