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    2301 State St Granite City, IL 62040

    For Sale
    $74,900

    Commercial Sale - Granite City, IL

    Property size:
    1,264 SF
    Lot size:
    0.10 Acres
    Days on Market:
    83
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 2301 State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    22-2-20-18-14-304-022
    Size
    1,264 SF
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1948
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

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

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

    Listing date Sep 22, 2025

    MLS# 25015828 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 Commercial Building For Sale

    This well-maintained building, situated on a corner lot, offers a versatile space suitable for various business purposes. Previously used as an office area, storage, and staging area for a commercial janitorial company, it also has a history as a confectionary and drug store. The main room features original high, ornate ceilings with fresh paint, new luxury vinyl tile, and carpet. The bathroom has been recently updated. The building includes a full basement with shelving along the perimeter and a center workbench. The property is zoned R3 and could serve as an office, salon, low-traffic business, or storage facility. The building has a loading zone and street access. The building size is 1264 square feet and the lot size is 0.1 acres. The air conditioning unit, used for one season, can be re-installed prior to closing if desired by the buyer. The property is being sold 'as is'.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Granite City
    County
    Madison
    State
    Illinois
    Longitude
    -90.142101
    Latitude
    38.705906

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    FAQs

    What type of property is this?
    Office space - Well-maintained commercial building in Granite City, suitable for various businesses.
    Where is this office space located?
    The property is located at 2301 State St Granite City, IL.
    What is the asking price?
    The asking price for this property is $74,900.
    What are key features of this property?
    This property features: - Large open space suitable for office, salon, low-traffic business, or storage due to R3 zoning; - Corner lot location with included grassed area; - Full basement with shelving and workbench
    (618) 307-5616
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    Granite City, IL 62040
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    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
    2301 State St Granite City, IL 62040
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