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Salon Building with Full Basement
For Sale
$155,000

1501 Garfield Avenue, Granite City, IL 62040

Commercial Sale, Granite City, IL

Property Size1,300 SF
Lot Size0.20 Acres
Price / SF$119.23
Days on Market33

Property Features for 1501 Garfield Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Nameoki Terrace
Standard status Active
APN 22-2-20-08-10-101-020
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5332

Utilities

Heating system Forced Air
Water source Public

Amenities

full basement

Building Details

Year built 1960
Building materials Vinyl Siding
Listing Agency: Century 21 Bailey & Company · Century 21 Real Estate
Listed By: Kenbra Knight · License #RASI
Added: Jul 24 Changed: Aug 24 Last Checked: Aug 25 at 6:06AM
MLS# 26018618

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,300-square-foot commercial building is arranged for salon use, with an open interior that can support continued personal-care operations or other commercial applications. The sale excludes the operating business, while contents and equipment may be negotiated separately. A full basement adds storage or work area beneath the main level.

Built in 1960, the property has vinyl siding, forced-air heating, and a public water source. The HVAC system and water heater were updated approximately in 2023, and the roof was replaced in 2019. Commercial zoning is in place, with residential conversion identified as a possibility subject to buyer verification. The parcel contains 0.2023 acres and occupies a corner location in Granite City.

Key Highlights

  • 1,300 SF building configured for salon use
  • Full basement provides additional storage or workspace
  • HVAC system and water heater updated approximately in 2023

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Parking Lot & Garage HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

513
Businesses Nearby
Under-served
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Commercially zoned salon property with flexible interior space, updated mechanical systems, and supplemental basement area.
Where is this spa & wellness property located?
The property is located at 1501 Garfield Avenue Granite City, IL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 1,300 SF building configured for salon use; Full basement provides additional storage or workspace; HVAC system and water heater updated approximately in 2023
More about this property
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