Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1437 Grand Ave Granite City, IL 62040

    For Sale
    $115,000

    2-4 Units - Granite City, IL

    Property size:
    1,305 SF
    Lot size:
    0.20 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 1437 Grand Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    22-2-19-24-15-401-014
    Exterior features
    Fencing
    Fencing
    Fenced
    Appliances
    Range, Refrigerator
    Size
    1,305 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Multi Units, Window Unit(s)

    Building Details

    Year built
    1910
    Flooring type
    Carpet, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    Keller Williams Marquee (618) 307-5616 [email protected]

    Listing agent Monica Lemp (618) 307-5616 License #475.184942

    Listing date Oct 31, 2025

    MLS# 25072577 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Granite City Income Property

    This property offers an opportunity to increase passive income or provides a home with a mother-in-law suite. The front home features 3 bedrooms, 2 bathrooms, an eat-in kitchen, and laundry facilities, complemented by a nice-sized fenced yard. The rear unit includes 1 bedroom, 1 bathroom, laundry service, extra storage, and comes furnished. Previously, this property generated $2000 a month in income. The property is located in Granite City, IL, and has a lot size of 0.2032 acres. The total property size is 1305 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Granite City
    County
    Madison
    State
    Illinois
    Longitude
    -90.15579
    Latitude
    38.69347

    Nearby Similar for Sale

    • $1,400,000
      Pending

      Versatile Commercial Building on 4 Acres

      10,800 SF building on 4 acres with high traffic.
      2450 Pontoon Rd, Granite City, IL 62040
      View Details
    • $75,000
      Pending

      Granite City Commercial Opportunity

      Two-story building with R-3 zoning and versatile layout.
      2334 E 25Th St, Granite City, IL 62040
      View Details
    • $225,000
      0.29 Acres

      Granite City Commercial Property For Sale

      Well-maintained commercial property with flexible space and ample parking.
      2100 State St, Granite City, IL 62040
      View Details
    • $250,000
      2,165 SF

      Two Detached Homes, One Lot

      Two homes on one lot, ideal for rental income.
      2821 Edwards St, Granite City, IL 62040
      View Details
    • New
      $142,900
      0.11 Acres

      Remodeled Duplex with Income Potential

      Granite City duplex, remodeled, ready to rent, investment opportunity.
      2720 Iowa St, Granite City, IL 62040
      View Details
    • $199,900
      17,691 SF

      Granite City Multi-Use Opportunity

      Multi-use facility in downtown Granite City with income potential.
      1908 State St, Granite City, IL 62040
      View Details

    FAQs

    What type of property is this?
    Duplex - Income-generating duplex with two units and fenced yard.
    Where is this duplex located?
    The property is located at 1437 Grand Ave Granite City, IL.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: - Income-generating property: Previously yielded $2000/month.; - Includes a separate 1-bedroom furnished rear unit.; - Main house: 3 bedrooms, 2 baths.
    (618) 307-5616
    Request Owner's contact information
    1437 Grand Ave Granite City, IL 62040
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1437 Grand Ave
    Granite City, IL 62040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1437 Grand Ave Granite City, IL 62040
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.