Advertise
    Granite City, IL
    Multifamily

    Granite City, IL Multifamily Properties for Sale

    Notify Me
    List
    Map
    Madison, IL Pontoon Beach, IL Louis, MO
    Turnkey Duplex Investment
    Updated: May 21
    Turnkey Duplex Investment

    2446 State Street, Granite City, IL 62040

    $190,000
    2,868 sqft · 0.17 AC lot
    Fully occupied duplex at 2446 State St, Granite City, IL with 2 leased units (each unit has 3 bedrooms and 1 bathroom).
    Current combined monthly income of $2,490 plus $25/month pet fee (tenants are currently in place).
    Tenants pay all utilities except trash; water/sewer is separately metered, while gas and electric are tenant‑paid.
    Recent updates include stainless steel appliances, updated kitchen cabinets and countertops (granite counters in 1st‑floor unit), and new flooring.
    Energy and interior upgrades include 10 new windows and updated faucets and fixtures throughout.
    View details
    Two-Unit Duplex Investment Property
    Updated: Apr 1
    Two-Unit Duplex Investment Property

    2345 State Street, Granite City, IL 62040

    Contact for pricing
    1,218 sqft · 0.20 AC lot
    Duplex built in 1910 with brick and vinyl siding exterior materials
    Central air cooling
    Two‑unit duplex at 2345 State Street in Granite City
    View details
    Multifamily Portfolio in Granite City
    Multifamily Portfolio in Granite City

    2123 Edison, Granite City, IL 8820

    $396,000

    24-unit multifamily portfolio across multiple properties in Granite City, Illinois.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 3 Active listings in Granite City, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    All-Brick Quadplex with Occupied Units
    All-Brick Quadplex with Occupied Units

    4512 N 19th Street, St, Louis, MO 63107

    $160,000
    0.14 AC lot

    All-brick four-family featuring four 2-bed/1-bath units that are currently tenant occupied.

    View details
    All-Brick Two-Family Duplex
    All-Brick Two-Family Duplex

    4410 N 19th Street, St, Louis, MO 63107

    $120,000
    0.09 AC lot

    Tenant-occupied duplex with two 3-bedroom, 1.5-bath units and convenient access to highways, transit, and downtown.

    View details
    Three-Story Corner Restaurant Building
    Three-Story Corner Restaurant Building

    3500 S Jefferson Ave, Saint Louis, MO 63107

    $225,000

    Three-story corner property offers a flexible foundation for retail, bar, restaurant, or mixed-use concepts.

    View details
    Renovated Mixed-Use Building For Sale
    Renovated Mixed-Use Building For Sale

    Saint Louis, MO

    $1,650,000
    10,000 sqft · 0.20 AC lot

    Renovated mixed-use building with apartments and commercial spaces.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

    View details
    Residential Lot in Park Hills
    Residential Lot in Park Hills

    226 N Large Street, Park Hills, MO 63601

    Contact for pricing
    0.26 AC lot

    Corner lot suitable for building or mobile home placement.

    View details
    Residential Lot in Wellsville, MO
    Residential Lot in Wellsville, MO

    412 Washington Street, Wellsville, MO 63384

    Contact for pricing
    0.17 AC lot

    Ready-to-build residential lot in a charming small town.

    View details
    Ozark Land with Creek Frontage
    Ozark Land with Creek Frontage

    Madsion CR 410 (116), Fredericktown, MO 63645

    $34,995
    1.65 AC lot

    1.65+/- acre property with Twelve Mile Creek frontage.

    View details

    Off-Market Properties in Granite City, IL

    Consider similar Off-Market properties in Granite City, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2323 Washington Ave
    APARTMENT HOUSE (5+ UNITS)

    2323 Washington Ave, Granite City, IL 62040-5441

    Value Estimation by Request
    1,880 sqft · 0.11 AC lot
    View details
    2127 Lincoln Ave
    APARTMENT HOUSE (5+ UNITS)

    2127 Lincoln Ave, Granite City, IL 62040-5555

    Value Estimation by Request
    3,780 sqft · 0.23 AC lot
    View details
    3801 Lk Dr
    MOBILE HOME PARK, TRAILER PARK

    3801 Lk Dr, Granite City, IL 62040-4311

    $2,560,000
    Estimated value
    924 sqft · 14.35 AC lot
    View details
    4419 Horseshoe Lk Rd
    MOBILE HOME PARK, TRAILER PARK

    4419 Horseshoe Lk Rd, Granite City, IL 62040-6565

    Value Estimation by Request
    1,600 sqft · 67.01 AC lot
    View details
    2215 Washington Ave
    APARTMENT HOUSE (5+ UNITS)

    2215 Washington Ave, Granite City, IL 62040-5442

    Value Estimation by Request
    780 sqft · 0.17 AC lot
    View details
    1A Parktown Dr
    Multifamily properties

    1A Parktown Dr, Granite City, IL 62040

    Value Estimation by Request
    8.30 AC lot
    View details

    Granite City, IL Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Granite City, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,868 square feet of properties for sale, with an estimated market value of $190,000.

    Sale prices for multifamily properties in Granite City, IL start at $190,000, averaging $190,000, and reaching up to $190,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 2

    Demographics Overview

    Population 40K
    Population Growth (5Y) -4.9%
    Median Household Income $60,558
    College Educated 20.7%

    High-Yield Neighborhoods for Investment

    Identify Granite City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Granite City $160.3K
    Edison $396K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Granite City fall within the 100,000+ square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Granite City, IL

    Popular Searches in Granite City, IL

    Popular Categories

    Most Searched ZIP Codes in Granite City, IL

    • 62040
    • 08820

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!