Rail-Served Manufacturing
For Sale
Contact for pricing
1162 16th Street, Granite City, IL 62040
Heavy industrial facility with rail and crane infrastructure, offered with in-place income and approximately 90% occupancy.
Property Size346,870 SF
Price / SF$10.09
Days on Market83
Property Features for 1162 16th Street
General Information
Standard status
Active
Size
346,870 SF
Total Parking Spaces
100
Property subtype
Industrial
Zoning
Industrial
Occupancy
90%
Net Operating Income
$415,007
Additional Details
Highway Access
Yes
Building Details
Year Built
1950
Listing Agency:
Barber Murphy
Listed By:
Cole Hensel · License #IL 475.203645
(618) 277-4400
Source:
Crexi
Added: Jun 18
Changed: Sep 4
Last Checked: Sep 8 at 4:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Barber Murphy
Investment Insights
Based on property information with market context.
1162 16th Street is a heavy industrial manufacturing campus offered for sale with approximately 90% occupancy. The property includes rail & crane infrastructure and specialized heavy industrial systems that support manufacturing operations, along with embedded infrastructure designed to support ongoing industrial use.
Located at 1162 16th Street in Granite City, Illinois, the campus is positioned for regional access to major transportation routes. The property is described as providing immediate access to one of the Midwest’s established heavy manufacturing and logistics corridors, with convenient proximity to Interstates 270, 255, 55, 64, and 70 for truck connectivity throughout the St. Louis metropolitan area.
The asset is also described as rail-served and situated within a freight hub that provides access to multiple Class I railroads and the Mississippi River barge system, with Downtown St. Louis approximately 15 miles southwest and St. Louis Lambert International Airport less than 30 minutes away.
Located at 1162 16th Street in Granite City, Illinois, the campus is positioned for regional access to major transportation routes. The property is described as providing immediate access to one of the Midwest’s established heavy manufacturing and logistics corridors, with convenient proximity to Interstates 270, 255, 55, 64, and 70 for truck connectivity throughout the St. Louis metropolitan area.
The asset is also described as rail-served and situated within a freight hub that provides access to multiple Class I railroads and the Mississippi River barge system, with Downtown St. Louis approximately 15 miles southwest and St. Louis Lambert International Airport less than 30 minutes away.
Key Highlights
- Heavy industrial facility at 1162 16th Street in Granite City, IL, built in 1950.
- Approximately 90% occupied, with in‑place income.
- Rail‑served heavy industrial facility with specialized rail and crane infrastructure.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
Business Placement
Demographics for 62040, IL
40,872
Population
18,842
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
1,024
Density / Sq Mi
$60,558
Median Household Income
$40,963
Median Earnings
$852
Median Rent
$106,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Heavy industrial facility with rail and crane infrastructure, offered with in-place income and approximately 90% occupancy.
Where is this manufacturing property located?
The property is located at 1162 16th Street Granite City, IL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Heavy industrial facility at 1162 16th Street in Granite City, IL, built in 1950.; Approximately 90% occupied, with in‑place income.; Rail‑served heavy industrial facility with specialized rail and crane infrastructure.
