Financial
Distress signals
Property profile

2412 Corporate Ctr Granite City, IL 62040

OFF-MARKET
Other office properties
Property ID
US28-1078456
1,312 SF 0.12 ac lot Built 1993
Last sale Aug 2023 · $65,000
Trust Owned Owner of record is a trust. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a brick commercial office building in a business-oriented area of Granite City, Illinois, about 15 minutes from downtown St. Louis, situated on two parcels in Madison County. The building has approximately 2,624 square feet and was previously configured as two medical/clinical office spaces, with a dental office use on one side and a medical office use on the other. Each side includes a waiting room, reception area, offices, and bathrooms. The exterior features include newer

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2013

What does the county charge?
$6k
Tax billed · 2013
Assessed value · 2022$73k
Assessed land$26k
Assessed improvement$47k
Effective rate8.10%

Value estimate

· Sep 2026
$85k
$77k – $94k
AI approach$85k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
ZIP average, outlier-cleaned · 150 recorded sales of this use type
Observed band · Q1–Q3$36 – $184
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.1
Restaurant28.4
Law Firm23.5

Location

2412 Corporate Ctr Granite City, IL 62040-4192
County assessor Recorded deeds · 6 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3412 Nameoki, Granite City, IL 62040-3702 $50,000 May 2025 1,536 SF
1400 State, Granite City, IL 62040-4432 $37,500 Jan 2025 1,080 SF
2161 Pontoon, Granite City, IL 62040-4015 $130,000 Mar 2024 1,565 SF
2130 Johnson, Granite City, IL 62040-3961 $180,000 Apr 2023 1,242 SF
2339 Pontoon, Granite City, IL 62040-4022 $50,000 Mar 2022 1,212 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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