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Storefront Property with Full Basement
For Sale
$60,000

2301 State Street, Granite City, IL 62040

Commercial Sale, Granite City, IL

Property Size1,264 SF
Lot Size0.10 Acres
Price / SF$47.47
Days on Market118

Property Features for 2301 State Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Not in a Subdivision
Standard status Active
APN 22-2-20-18-14-304-022
Size 1,264 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description GRANITE PLACE A SUB BLK B LOT PT 14-15 60X70
Tax Annual Amount 1797
Legal Description GRANITE PLACE A SUB BLK B LOT PT 14-15 60X70

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1948
Floors in Building 1
Building materials Brick
Roof type Flat
Listing Agency: Keller Williams Marquee · Keller Williams Realty
Listed By: Monica Lemp · License #475184942
Added: Apr 30 Changed: Aug 24 Last Checked: Aug 25 at 5:06AM
MLS# 25015828

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 1,264-square-foot brick commercial building dates to 1948 and includes an open main level with ornate ceilings, fresh paint, luxury vinyl tile, and carpet. The bathroom has been updated, while the full basement provides perimeter shelving and a central workbench. Heating is provided by forced air with natural gas, and the property includes electric central air, public water, and public sewer.

The building occupies a 0.1-acre corner lot in Granite City, with a grassed side area, a designated loading zone, and street access into the building. R3 zoning is identified, and the property has been described as suitable for office, salon, low-traffic business, or storage use. The building is offered as-is.

Key Highlights

  • 1,264‑square‑foot brick commercial building constructed in 1948
  • Full basement with perimeter shelving and center workbench
  • 0.1‑acre corner lot with grassed side area

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

704
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • August Garden 1300 Niedringhaus Ave, Granite City, IL 62040

Frequently Asked Questions

What type of property is this?
Storefront property - Corner-lot commercial building with updated interior finishes, loading access, and R3 zoning.
Where is this storefront property located?
The property is located at 2301 State Street Granite City, IL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 1,264‑square‑foot brick commercial building constructed in 1948; Full basement with perimeter shelving and center workbench; 0.1‑acre corner lot with grassed side area
More about this property
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