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Granite City, IL Residential Income Properties for Sale

8 results
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Granite City Multifamily Investment Opportunity
$675,000
0.42 Acres

Granite City Multifamily Investment Opportunity

1 Georgetown Dr, Granite City, IL 62040

Two fully occupied, well-maintained 4-unit buildings in high-demand rental area.

  • Turnkey cash flow from day one with two fully occupied 4‑unit buildings (8 total units).
  • Recent updates include new roofs (2025) and partial siding improvements.
  • Strong rental history with professional property management in place.
  • Located in a high‑demand rental area.
  • Seller pays water, sewer, and trash.
Updated: Jan 29
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Granite City Income Property
$115,000
1,305 SF

Granite City Income Property

1437 Grand Ave, Granite City, IL 62040

Income-generating duplex with two units and fenced yard.

  • Income‑generating property: Previously yielded $2000/month.
  • Includes a separate 1‑bedroom furnished rear unit.
  • Main house: 3 bedrooms, 2 baths.
  • Both units have laundry.
  • Fenced yard.
Updated: Jan 28
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Granite City Multifamily Investment Opportunity
$675,000
4,950 SF

Granite City Multifamily Investment Opportunity

Two fully occupied four-unit buildings in Granite City, Illinois.

1 Georgetown Dr, Granite City, IL 62040
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Granite City Duplex: Investor Opportunity
Pending
$35,000
1,218 SF

Granite City Duplex: Investor Opportunity

Duplex in rough condition, offering significant renovation potential for investors.

2345 State St, Granite City, IL 62040
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Granite City Triplex Opportunity
$125,000
1,565 SF

Granite City Triplex Opportunity

Triplex in Granite City near amenities, ideal for investors.

2108 Washington Ave, Granite City, IL 62040
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Granite City Income Property
$110,000
1,761 SF

Granite City Income Property

Income-producing duplex with tenant-occupied units and signed leases.

2713 Ralph St, Granite City, IL 62040
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Two Detached Homes, One Lot
$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
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Mixed-Use Investment Opportunity
$299,000

Mixed-Use Investment Opportunity

Mixed-use property with commercial space, apartment, and warehouse.

3009 Nameoki Rd, Granite City, IL 62040
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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 8 Active listings in Granite City, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Residential Income Properties Investment Opportunity
Pending
$134,550
909 SF

Residential Income Properties Investment Opportunity

Five residential properties for investors to renovate and generate income.

147 Monteith Cir St, Louis, MO 63137
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St. Louis Four-Family Brick Building
$49,000
3,120 SF

St. Louis Four-Family Brick Building

Three-story, four-unit building requiring complete renovation.

5218 N Broadway St, Louis, MO 63147
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Collinsville Duplex Investment Opportunity
$135,000
2,192 SF

Collinsville Duplex Investment Opportunity

Duplex in Collinsville, both units currently occupied, great investment opportunity.

221 B St, Collinsville, IL 62234
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Collinsville Multifamily Land
$547,800
18.26 Acres

Collinsville Multifamily Land

18-Acre Development Site, 250 Units Possible

0 Reese Dr, Collinsville, IL 62234
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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.

Granite City Farmland Opportunity
Pending
$225,000
15.68 Acres

Granite City Farmland Opportunity

15.68 acres of farmland suitable for residential development.

2614 Morrison Rd, Granite City, IL 62040
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Explore 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.

1A Parktown Dr

1A Parktown Dr

Multifamily properties • 8.30 Acres
Value Estimation by Request
1A Parktown Dr, Granite City, IL 62040
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4419 Horseshoe Lk Rd

4419 Horseshoe Lk Rd

MOBILE HOME PARK, TRAILER PARK • 1,600 SF
Value Estimation by Request
4419 Horseshoe Lk Rd, Granite City, IL 62040-6565
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2215 Washington Ave

2215 Washington Ave

APARTMENT HOUSE (5+ UNITS) • 780 SF
Value Estimation by Request
2215 Washington Ave, Granite City, IL 62040-5442
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3801 Lk Dr

3801 Lk Dr

MOBILE HOME PARK, TRAILER PARK • 924 SF
Value Estimation
$2,560,000
3801 Lk Dr, Granite City, IL 62040-4311
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2127 Lincoln Ave

2127 Lincoln Ave

APARTMENT HOUSE (5+ UNITS) • 3,780 SF
Value Estimation by Request
2127 Lincoln Ave, Granite City, IL 62040-5555
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2323 Washington Ave

2323 Washington Ave

APARTMENT HOUSE (5+ UNITS) • 1,880 SF
Value Estimation by Request
2323 Washington Ave, Granite City, IL 62040-5441
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Granite City, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 14 residential income properties for sale in Granite City, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 715,892 square feet of properties for sale, with an estimated market value of $4,950,000.

Prices for residential income properties in Granite City, IL start at $35,000, averaging $550,000, and reaching up to $2,635,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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