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    Madison, IL Pontoon Beach, IL Louis, MO
    Multifamily Portfolio in Granite City
    Updated: May 15
    Multifamily Portfolio in Granite City

    2123 Edison, Granite City, IL 8820

    $396,000
    24‑unit multifamily portfolio
    Mix of brick buildings and single‑family rental properties
    Located across multiple properties
    Located in Granite City, Illinois
    Located in Madison, Illinois
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Retail and Apartments Building
    Mixed-Use Retail and Apartments Building

    4341 Shreve Avenue, St, Louis, MO 63115

    $99,500
    5,968 sqft · 0.22 AC lot

    Main-level storefronts with separate entrances complement upper single-family style units with private access.

    View details
    Downtown St. Louis Multifamily Investment
    Downtown St. Louis Multifamily Investment

    800 S 7th St, St., Louis, MO 63101

    $5,000,000

    Value-add multifamily property with income and short-term rental potential.

    View details
    Renovated Mixed-Use Building For Sale
    Renovated Mixed-Use Building For Sale

    Saint Louis, MO

    $1,650,000
    10,000 sqft · 0.20 AC lot

    Renovated mixed-use building with apartments and commercial spaces.

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    Renovated Mixed-Use Building For Sale
    Renovated Mixed-Use Building For Sale

    Saint Louis, MO

    $1,100,000
    15,190 sqft · 0.17 AC lot

    Renovated mixed-use building with commercial and residential units.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Norman Land For Luxury Condos
    Norman Land For Luxury Condos

    801 NW 36th Avenue, Norman, OK 73072

    $285,000
    0.74 AC lot

    Prime Norman land suitable for luxury condos development.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

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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.

    2323 Washington Ave
    APARTMENT HOUSE (5+ UNITS)

    2323 Washington Ave, Granite City, IL 62040-5441

    Value Estimation by Request
    1,880 sqft · 0.11 AC lot
    View details
    2127 Lincoln Ave
    APARTMENT HOUSE (5+ UNITS)

    2127 Lincoln Ave, Granite City, IL 62040-5555

    Value Estimation by Request
    3,780 sqft · 0.23 AC lot
    View details
    2215 Washington Ave
    APARTMENT HOUSE (5+ UNITS)

    2215 Washington Ave, Granite City, IL 62040-5442

    Value Estimation by Request
    780 sqft · 0.17 AC lot
    View details
    1A Parktown Dr
    Multifamily properties

    1A Parktown Dr, Granite City, IL 62040

    Value Estimation by Request
    8.30 AC lot
    View details

    Granite City, IL Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Granite City, IL on our real estate platform. These investment opportunities span a total of 6,548 square feet of properties for sale, with an estimated market value of $599,000.

    Sale prices for two-family homes in Granite City, IL start at $299,000, averaging $299,500, and reaching up to $300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 40K
    Population Growth (5Y) -4.9%
    Median Household Income $60,558
    College Educated 20.7%

    High-Yield Neighborhoods for Investment

    Identify Granite City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Granite City $299.5K
    Edison $396K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Granite City fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Granite City, IL

    • 62040
    • 08820

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