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Office Building with Dedicated Parking
New
For Sale
$59,000

2981 Madison Avenue, Granite City, IL 62040

Commercial Sale, Granite City, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market3

Property Features for 2981 Madison Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Subdivision Inglesyde 3rd Add
Standard status Active
APN 22-2-20-17-06-101-016
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3065

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1963
Building materials Aluminum Siding
Listing Agency: Landmark Realty
Listed By: Jenny Wisniewski · License #475163192
Added: Aug 26 Last Checked: Aug 28 at 12:06AM
MLS# 26053995

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 office building offers just over 1,100 square feet of commercial space with designated off-street parking. The structure dates to 1963 and features aluminum siding, forced-air heating, and central air conditioning.

The property occupies a 0.1102-acre lot at 2981 Madison Avenue in Granite City, Illinois. Its location is identified as a high-traffic setting, providing a practical context for office use and visitor access.

Key Highlights

  • Just over 1,100 square feet of office space
  • 0.1102‑acre lot at 2981 Madison Avenue
  • Designated off‑street parking

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Skin Care Clinic Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

468
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding office property with central air, forced-air heating, and off-street parking.
Where is this office building located?
The property is located at 2981 Madison Avenue Granite City, IL.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: Just over 1,100 square feet of office space; 0.1102‑acre lot at 2981 Madison Avenue; Designated off‑street parking
More about this property
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