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8-Unit Apartment Building
For Sale
Contact for pricing
Pending

2801 Iowa Street, Granite City, IL 62040

Occupied multifamily property with professional management already in place.

Property SizeContact for details
Days on Market142

Property Features for 2801 Iowa Street

General Information

Standard status Pending
Property subtype Special Purpose
Occupancy 100%

Additional Details

Multifamily Units 8
Listing Agency: Coldwell Banker Commercial Brown, Realtors Troy
Listed By: Chad Davis · License #IL
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Sep 1 at 12:31PM

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 Coldwell Banker Commercial Brown, Realtors Troy

Investment Insights

Based on property information with market context.

This eight-unit apartment property at 2801 Iowa Street in Granite City, Illinois, is fully occupied and supported by a local property manager. The property is offered for sale as an operating multifamily asset with existing occupancy and management arrangements.

Showings require coordination with the owner or listing agent. Tenants should not be disturbed, and no lockbox or yard sign is provided.

Key Highlights

  • Eight‑unit apartment property
  • 100% occupied
  • Local property manager in place

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Daycare Center Electrical Service Skin Care Clinic

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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

349
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?
Apartment building - Occupied multifamily property with professional management already in place.
Where is this apartment building located?
The property is located at 2801 Iowa Street Granite City, IL.
What are key features of this property?
This property features: Eight‑unit apartment property; 100% occupied; Local property manager in place
More about this property
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