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Commercial Land with Service Garage
New
For Sale
$229,900

4193 STATE ROUTE 162, Granite City, IL 62040

Commercial Sale, Granite City, IL

Property SizeContact for details
Lot Size4.09 Acres
Days on Market6

Property Features for 4193 STATE ROUTE 162

General Information

Property type Commercial Sale
Property subtype Other
Directions Corner of Hwy. 162 and Rt. 111
Standard status Active
APN 17-2-20-11-13-302-006
Lot size 4.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3083

Building Details

Building materials Brick
Listing Agency: RE/MAX Alliance · RE/MAX International
Listed By: Ranae Harris
Added: Oct 21 Changed: Oct 22 Last Checked: Oct 26 at 9:06AM
MLS# 26066609

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.

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Investment Insights

Based on property information with market context.

This commercial land offering comprises 4.09 acres across three parcels, with existing residential structures and a service garage. The garage measures approximately 2,779 square feet and contains bay doors, two offices, and a restroom; substantial renovation is needed. Both residences require extensive rehabilitation or demolition, and all structures are conveyed in AS-IS condition.

The property fronts Illinois Route 162, near its intersection with Routes 162 and 111, and has a Granite City mailing address. Commercial zoning and public water and sewer are noted. The parcels are being sold together, with existing improvements included.

Key Highlights

  • 4.09 acres across three parcels, offered together
  • Approximately 2,779‑square‑foot service garage with bay doors, two offices, and a restroom
  • Commercially zoned land with public water and sewer available

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Auto Parts Store Big Box & Wholesale Store

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

92
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Phillips 66 Shops & Services
6,773 visits/mo 0.1 miles
Zips Car Wash Shops & Services
1,830 visits/mo 0.1 miles

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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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Three parcels are offered together with existing improvements and public water and sewer available.
Where is this commercial land located?
The property is located at 4193 STATE ROUTE 162 Granite City, IL.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 4.09 acres across three parcels, offered together; Approximately 2,779‑square‑foot service garage with bay doors, two offices, and a restroom; Commercially zoned land with public water and sewer available
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