Advertise

Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Open Dashboard
How to use Realmo Analytics Watch the walkthrough
Financial
Distress signals
Property profile

1162 16Th St Granite City, IL 62040

FOR SALE
Industrial properties
Property ID
US28-1351681
Last sale Jan 2008 · $1,722,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
1162 16Th St, Granite City, IL 62040 For Sale 1 / 8
Contact for pricing
1162 16Th St, Granite City, IL 62040
View Listing

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.

Debts

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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$250k
$225k – $275k
NOI build-up
Gross scheduled income$2.10M
Vacancy & credit loss−$55k
Operating expenses−$614k
NOI · 40.95% cap applied$1.43M

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?
40.95%
$1.43M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.2
Hair Salon12.0
HVAC Service11.6

Location

1162 16Th St Granite City, IL 62040
County assessor · not on file Recorded deeds · 3 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
10 Northgate Industrial, Granite City, IL 62040-6805 $13,000,000 Jan 2026 67,798 SF
1143 16th, Granite City, IL 62040-4414 $850,000 Oct 2025 No data
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
30 Central Industrial, Granite City, IL 62040-6801 $1,700,000 Jun 2023 1,575 SF
9 Konzen, Granite City, IL 62040-6855 $8,780,000 May 2022 No data
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

Comparable nearby

  • Value Estimation by Request
    325,994 SF
    1201 Tradeport Pkwy
    Distribution properties
    1201 Tradeport Pkwy, Pontoon Beach, IL 62040
    View Details
  • Value Estimation by Request
    11,250 SF
    3375 Il-162
    Distribution properties
    3375 Il-162, Granite City, IL 62040
    View Details
  • Value Estimation
    $4,160,000
    118,560 SF
    20 Central Industrial Dr
    INDUSTRIAL (GENERAL)
    20 Central Industrial Dr, Granite City, IL 62040-6801
    View Details
  • Value Estimation by Request
    12,000 SF
    3443 Petroff Plz
    Distribution properties
    3443 Petroff Plz, Granite City, IL 62040
    View Details
  • Value Estimation
    $350,000
    15,240 SF
    2500 Missouri Ave
    WASTE DISPOSAL, SEWAGE
    2500 Missouri Ave, Granite City, IL 62040-2027
    View Details
  • Value Estimation by Request
    1230 7th St
    INDUSTRIAL (GENERAL)
    1230 7th St, Granite City, IL 62040-1895
    View Details

Similar in This City for Sale

  • New
    $1,650,000
    3.69 Acres
    Industrial Flex Space with Outdoor Yard
    Concrete-block office and warehouse property with gated outdoor storage and immediate leasing availability for a portion of the building.
    10 Central Industrial Drive, Granite City, IL 62040
    View Details
  • Contact for pricing
    7,200 SF
    Office/Warehouse on 0.9 Acres
    7,200 SF office/warehouse with asphalt parking lot.
    2525 19 St, Granite City, IL
    View Details
  • Contact for pricing
    26,700 SF
    Warehouse Property with Rail Spur Access
    Multiple warehouse and covered storage buildings with ample outdoor concrete for storage and existing rail spur service near I-270.
    122 E Chain of Rocks Rd, Granite City, IL 62040
    View Details

Similar Nearby for Lease

  • New
    $8,000/Mo
    Industrial Flex Space with Yard
    Leased premises combine office functions, warehouse capacity, loading access, and secured outdoor storage in an established industrial park.
    10 Central Industrial Drive, Granite City, IL 62040
    View Details
  • Contact for pricing
    1,800 sqft
    Office Unit with Overhead Door
    Office unit offering overhead door access plus four offices, a kitchenette, and conference and storage rooms.
    4310-4320 Horseshoe Lake Rd, Granite City, IL 62040
    View Details
  • Contact for pricing
    14,000 sqft
    Industrial Outdoor Storage with Rail
    31.83 acres of outdoor storage with active rail spurs and the option to sublease the sites separately.
    122 E Chain of Rocks Rd, Granite City, IL 62040
    View Details
  • New
    Contact for pricing
    154,800 sqft
    Granite City Warehouse Sublease Opportunity
    Sublease opportunity: 154,800 SF warehouse near major transportation routes.
    1000 Access Blvd, Granite City, IL 62040
    View Details
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Request Owner's contact information
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Message sent successfully
Error
Email to Your Friends
Link copied to clipboard
Separate multiple addresses with a comma
Message sent successfully
Error
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Thank You

You are Unsubscribed From Notifications

Thank You for Inquiry
1162 16Th St, Granite City, IL, 62040
letter with green check mark
Check your email
We sent you the
agent's contact details. yellow underline
Can't find it?
Please check your junk/spam folder.
Why this one?
Saved
Reason not saved — we won't ask again
Google sign-in failed. Please try again or use another login method.
Sign Up Successful!
You now have access to more from Realmo!