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    Madison, IL Pontoon Beach, IL Louis, MO Riverview, MO Hazelwood, MO E St Louis, IL Defiance, MO Washington Park, IL
    Brick 6-Unit Apartment Building
    Updated: Jul 22
    Brick 6-Unit Apartment Building

    2200 Iowa Street, Granite City, IL 62040

    $295,000
    4,148 sqft 0.17 AC lot
    6 units with six 1‑bedroom, 1‑bath apartments
    Several units updated; newer shingle roof
    Side parking plus fenced front yard area
    Cooling mix of central air and wall/window unit(s)
    Heating varies by unit with forced air
    View details
    Multifamily Portfolio in Granite City
    Updated: May 15
    Multifamily Portfolio in Granite City

    2123 Edison, Granite City, IL 08820

    Contact for pricing
    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 a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    42-Unit Garden-Style Apartment Community
    42-Unit Garden-Style Apartment Community

    8404 Halls Ferry Rd, Saint Louis, MO 63147

    $1,999,000
    15,800 sqft 1.32 AC lot

    Brick multifamily community with one-bedroom residences, surface parking, and documented occupancy recovery.

    View details
    12-Unit Apartment Building Portfolio
    12-Unit Apartment Building Portfolio

    4129 W Kossuth Ave, Saint Louis, MO 63115

    $240,000
    2,208 sqft

    Four-building apartment property with townhouse-style units and two additional lots.

    View details
    42-Unit Garden-Style Apartment Building
    42-Unit Garden-Style Apartment Building

    8404 Halls Ferry Road, St, Louis, MO 63147

    $1,999,000
    15,800 sqft 1.32 AC lot

    All units feature one-bedroom, one-bath layouts across a five-building brick community.

    View details
    Eight-Unit Brick Apartment Building
    Eight-Unit Brick Apartment Building

    4158 E Green Lea Place, St, Louis, MO 63115

    $60,000
    7,636 sqft 0.19 AC lot

    Brick eight-unit apartment building with public water; full rehab was in process after a May 16 tornado.

    View details

    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

    $195,000
    Estimated value
    1,880 sqft 0.11 AC lot
    View details
    2127 Lincoln Ave
    APARTMENT HOUSE (5+ UNITS)

    2127 Lincoln Ave, Granite City, IL 62040-5555

    $330,000
    Estimated value
    3,780 sqft 0.23 AC lot
    View details
    2215 Washington Ave
    APARTMENT HOUSE (5+ UNITS)

    2215 Washington Ave, Granite City, IL 62040-5442

    $185,000
    Estimated value
    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 6 apartment buildings for sale in Granite City, IL on our real estate platform. These investment opportunities span a total of 4,148 square feet of properties for sale, with an estimated market value of $295,000.

    Sale prices for two-family homes in Granite City, IL average $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.

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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
    62040 $295K

    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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    • 62040

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