Search
6-Unit Apartment Building
For Sale
Contact for pricing

2222 Alexander St, Granite City, IL 62040

Fully leased property with updated electrical service and newer exterior improvements.

Property SizeContact for details
Days on Market143

Property Features for 2222 Alexander St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 6 x 1BR
Multifamily Units 6

Additional Details

Gross Income $41,100
Listing Agency: Nester Realty
Listed By: Judy Browning · License #475138941
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 7:26PM

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 six-unit apartment property contains one-bedroom residences and is currently 100% rented. Building improvements include updated electrical service, newer thermal windows at the rear, storm doors, and newer front porches. A full basement provides tenant access to electrical boxes, but is not designated for storage.

The property includes three water heaters, with two units sharing one water heater. Residents also have access to a spacious rear yard. Located at 2222 Alexander St in Granite City, Illinois, the building offers a compact multifamily configuration with established occupancy and several documented exterior and electrical updates.

Key Highlights

  • Six one‑bedroom apartment units with 100% occupancy
  • Updated electrical service throughout the property
  • Newer rear thermal windows, storm doors, and front porches

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Spa & Massage Center Pharmacy Hair Salon Restaurant Gym & Fitness Center

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

120
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased property with updated electrical service and newer exterior improvements.
Where is this apartment building located?
The property is located at 2222 Alexander St Granite City, IL.
What are key features of this property?
This property features: Six one‑bedroom apartment units with 100% occupancy; Updated electrical service throughout the property; Newer rear thermal windows, storm doors, and front porches
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message