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Corner Commercial Land
For Sale
$59,900

2981 Madison Avenue, Granite City, IL 62040

Commercial Sale, Granite City, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market15

Property Features for 2981 Madison Avenue

General Information

Property type Commercial Sale
Property subtype Other
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 Description INGLESYDE 3 LOT 42 40X120
Tax Annual Amount 3065
Legal Description INGLESYDE 3 LOT 42 40X120

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1963
Building materials Lap Siding
Listing Agency: RE/MAX Alliance · RE/MAX International
Listed By: Vernon Korte · License #475145624
Added: Sep 21 Changed: Sep 25 Last Checked: Oct 5 at 4:06AM
MLS# 26060359

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 commercial land offering comprises a 0.1102-acre parcel at 2981 Madison Avenue in Granite City, Illinois. The site is identified as a corner lot and carries a 62040 postal designation within Madison County.

Key Highlights

  • 0.1102‑acre commercial land parcel
  • Corner‑lot configuration
  • Located at 2981 Madison Avenue, Granite City, IL 62040

Property Analytics

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Current Use

Commercial land

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner commercial parcel located in Granite City.
Where is this commercial land located?
The property is located at 2981 Madison Avenue Granite City, IL.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: 0.1102‑acre commercial land parcel; Corner‑lot configuration; Located at 2981 Madison Avenue, Granite City, IL 62040
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