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Two-Unit Duplex Investment Property
For Sale
Contact for pricing
Pending

2345 State Street, Granite City, IL 62040

MULTI_FAMILY - Granite City, IL

Property Size1,218 SF
Lot Size0.20 Acres
Days on Market144

Property Features for 2345 State Street

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Granite Place A Sub
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
Standard status Pending
APN 22-2-20-18-14-304-035
Size 1,218 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3931

Utilities

Cooling system Central Air

Building Details

Year built 1910
Building materials Brick, Vinyl Siding
Listing Agency: Real Broker LLC
Listed By: Kamron Wylde · License #475.195041
Added: Apr 1 Changed: Jul 21 Last Checked: Aug 22 at 7:06AM
MLS# 26018878

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 two-unit duplex offers a total of two residences within one property. The home is currently in rough condition and will require significant renovation, so buyers should plan for substantial rehab before occupancy or rental use. The property is listed with a lot size of 0.2049 acres and a total property size of 1,218 square feet.

The duplex is located at 2345 State Street in Granite City, Illinois (Madison County). The listing advises caution when viewing due to the property’s current condition.

For an investor or buyer seeking a renovation project, this duplex provides a straightforward two-unit structure that can support rental use after improvements. Given the property’s stated condition, it is best suited for buyers with experience evaluating repair scope, budgeting for renovation, and managing the work needed to restore the units for resale or rental occupancy.

Key Highlights

  • Duplex built in 1910 with brick and vinyl siding exterior materials
  • Central air cooling
  • Two‑unit duplex at 2345 State Street in Granite City

Property Analytics

Current Use

Duplexes

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

704
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?
Duplex - Two-unit duplex in Granite City with a spacious layout, suited for investors prepared for major renovation.
Where is this duplex located?
The property is located at 2345 State Street Granite City, IL.
What are key features of this property?
This property features: Duplex built in 1910 with brick and vinyl siding exterior materials; Central air cooling; Two‑unit duplex at 2345 State Street in Granite City
More about this property
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