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6-Unit Brick Apartment Building
For Sale
$295,000

2200 Iowa Street, Granite City, IL 62040

Residential Income, Granite City, IL

Property Size4,148 SF
Lot Size0.17 Acres
Price / SF$71.12
Days on Market47

Property Features for 2200 Iowa Street

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Porch
Interior features Walk-In Closet(s)
Appliances Oven, Refrigerator
Elementary school GRANITE CITY DIST 9
Middle school GRANITE CITY DIST 9
High school Granite City
Elementary school district Granite City DIST 9
Middle school district Granite City DIST 9
High school district Granite City DIST 9
Directions Madison Ave- E 22nd to Iowa. Property faces Gateway Hospital
Standard status Active
APN 22-2-20-18-18-304-018
Size 4,148 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3171

Utilities

Utilities Cable Available
Heating system Forced Air, Varies by Unit (Heating)
Cooling system Window Unit(s), Central Air, Wall/Window Unit(s)
Water source Public

Building Details

Year built 1963
Floors in Building 2
Number of units 6
Flooring type Carpet, Laminate
Building materials Brick
Roof type Shingle
Architectural style Other
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: Angela Judd Uram · License #475154689
Added: Jul 22 Changed: Sep 4 Last Checked: Sep 6 at 6:06AM
MLS# 26033841

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 1963 brick apartment building contains 6 one-bedroom, one-bath units totaling 4,148 square feet. Each apartment includes a living room, kitchen, laundry area, and bedroom, with walk-in closet(s) also provided. Several units have been updated, and the property includes a newer shingle roof, porch, side parking, and a fenced front yard area.

Three units are occupied and three are vacant, providing a mix of in-place occupancy and immediate viewing availability. Heating varies by unit between forced air and other systems, while cooling includes central air and window or wall units. The property is positioned directly across from a hospital and has public water service, cable availability, ovens, and refrigerators.

Key Highlights

  • 6 one‑bedroom, one‑bath apartments in a 4,148‑square‑foot building
  • Brick construction completed in 1963
  • Three units occupied and three units vacant

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Electrical Service Skin Care Clinic Parking Lot & Garage

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

691
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Six apartment homes across from a hospital, with updated units, parking, and a fenced front yard.
Where is this apartment building located?
The property is located at 2200 Iowa Street Granite City, IL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 6 one‑bedroom, one‑bath apartments in a 4,148‑square‑foot building; Brick construction completed in 1963; Three units occupied and three units vacant
More about this property
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