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Updated Duplex Property
For Sale
$190,000
Pending

2446 State Street, Granite City, IL 62040

Fully leased units feature refreshed kitchens, historic millwork, and tenant-paid utilities apart from trash service.

Property Size2,868 SF
Days on Market36

Property Features for 2446 State Street

General Information

Standard status Pending
Size 2,868 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Gross Income $30,180
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,811

Building Details

Building Size 2,868 SF
Year Built 1915
Stories 2
Units 2
Listing Agency: Real Broker LLC
Listed By: Alex Harding · License #475182101
Source: Nesterrealty
Added: Jul 28 Changed: Aug 31 Last Checked: Aug 31 at 3:43AM

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 Real Broker LLC

Investment Insights

Based on property information with market context.

Located at 2446 State Street in Granite City, this duplex contains two residential units, each with 3 bedrooms and 1 bathroom. Built in 1915, the property combines original millwork with a series of interior and building updates.

Unit improvements include newer stainless steel appliances, updated cabinetry and countertops, new flooring, refreshed faucets and fixtures, and 10 new windows. The first-floor kitchen includes granite countertops. A newly installed plumbing stack adds to the recent work completed at the property.

Both units are leased, and water/sewer, gas, and electric are separately metered. Residents pay those utilities, while the owner remains responsible for trash service. The property is classified as a duplex within a multifamily residential setting.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 1 bathroom in each unit
  • Both units are currently leased
  • 1915 construction with historic millwork

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare 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

2
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

690
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 - Fully leased units feature refreshed kitchens, historic millwork, and tenant-paid utilities apart from trash service.
Where is this duplex located?
The property is located at 2446 State Street Granite City, IL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 1 bathroom in each unit; Both units are currently leased; 1915 construction with historic millwork
More about this property
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