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Triplex with Conversion Potential
For Sale
$70,000

1937 Benton St, Granite City, IL 62040

Mostly gutted multifamily property offered as-is with replacement windows and doors included.

Property Size2,609 SF
Price / SF$26.83
Days on Market22

Property Features for 1937 Benton St

General Information

Standard status Active
Size 2,609 SF
Property subtype Residential Income

Property Condition

Severity Major
Evidence MOSTLY GUTTED

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,955

Building Details

Buildings 1
Listing Agency: Nester Realty
Listed By: Judith Browning · License #475138941
Source: Exprealty
Added: Jul 30 Changed: Aug 20 Last Checked: Aug 20 at 8:46AM

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 Nester Realty

Investment Insights

Based on property information with market context.

This 2,609-square-foot triplex is being offered in as-is condition and is mostly gutted, creating a substantial renovation project. The property may be reconfigured into a larger single-family residence, subject to the buyer’s plans and applicable requirements. New replacement windows and doors are included with the sale.

Located at 1937 Benton St in Granite City, Illinois, the property is positioned for a buyer seeking a multifamily building with an alternative residential configuration. The roof appears to be newer, although its condition should be independently evaluated during due diligence.

Key Highlights

  • 2,609‑square‑foot triplex
  • Mostly gutted interior offered in as‑is condition
  • Potential to reconfigure as a larger single‑family residence

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Law Firm Hair Salon Skin Care Clinic

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

732
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Mostly gutted multifamily property offered as-is with replacement windows and doors included.
Where is this triplex located?
The property is located at 1937 Benton St Granite City, IL.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: 2,609‑square‑foot triplex; Mostly gutted interior offered in as‑is condition; Potential to reconfigure as a larger single‑family residence
More about this property
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