Financial
Distress signals
Property profile

1742 State St Granite City, IL 62040

FOR SALE
Other industrial properties
Property ID
US28-2399705
8,810 SF 0.29 ac lot Built 1949
Last sale Feb 2022 · $50,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a 1.68-acre industrial land parcel at 1742 State Street, with approximately 900 feet of total road frontage and a substantial street presence. The site is positioned for industrial development and includes utility access, with gas and sewer available in the alley and two water meters located on the street. Fiber and Spectrum services are available nearby, and the property provides access to the nearby St. Louis area and major highway routes.

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 · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value$39k
Assessed land$4k
Assessed improvement$35k
Effective rate10.00%

Value estimate

· Sep 2026
$55k
$50k – $61k
AI approach$130k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$23 – $160

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 agency26.2
Dental Office19.3
Spa & Massage13.1

Location

1742 State St Granite City, IL 62040
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1139 16th, Granite City, IL 62040 $850,000 Jul 2025 24,750 SF
2501 20th, Granite City, IL 62040-3101 $9,130,000 Oct 2023 66,853 SF
3101 Missouri, Granite City, IL 62040-2022 $8,780,000 May 2022 37,560 SF
1900 Missouri, Granite City, IL 62040-3218 $6,763,743 Aug 2021 40,746 SF
2101 Adams, Granite City, IL 62040-3315 $1,170,000 Jul 2019 58,700 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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