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Financial
Distress signals
Property profile

State Rte 3 Granite City, IL 62040

FOR SALE
Office Spaces
Property ID
US28-4723804
0.37 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
State Rte 3, Granite City, IL 62040 For Sale
Contact for pricing
State Rte 3, 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
$255k
$230k – $281k

Realmo valuation models over county records.

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

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 agency23.9
Dental Office18.4
Spa & Massage13.0

Location

State Rte 3 Granite City, IL 62040
County assessor · not on file Recorded deeds · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2145 Pontoon, Granite City, IL 62040-4015 $275,000 Jul 2025 1,762 SF
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
3165 Myrtle Ave, Granite City, IL 62040-5012 $12,000 Dec 2024 1,678 SF
1820 Delmar, Granite City, IL 62040-4507 $140,000 Oct 2024 1,902 SF
3949 State Rte 111, Granite City, IL 62040-4302 $100,000 Sep 2024 2,400 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

Comparable nearby

  • Value Estimation
    $520,000
    3,312 SF
    3723 Nameoki Rd
    OFFICE (GENERAL)
    3723 Nameoki Rd, Granite City, IL 62040-3721
    View Details
  • Value Estimation
    $3,130,000
    3,584 SF
    2122 Pontoon Rd
    OFFICE (GENERAL)
    2122 Pontoon Rd, Granite City, IL 62040-4000
    View Details
  • Value Estimation
    $130,000
    1,217 SF
    3165 Myrtle Ave, Unit 5
    OFFICE (GENERAL)
    3165 Myrtle Ave, Granite City, IL 62040-5012
    View Details
  • Value Estimation
    $3,130,000
    3,584 SF
    2132 Pontoon Rd
    OFFICE (GENERAL)
    2132 Pontoon Rd, Granite City, IL 62040-4042
    View Details
  • Value Estimation
    $3,130,000
    3,584 SF
    2128 Pontoon Rd
    OFFICE (GENERAL)
    2128 Pontoon Rd, Granite City, IL 62040-4041
    View Details
  • Value Estimation
    $820,000
    5,048 SF
    1529 Johnson Rd
    OFFICE (GENERAL)
    1529 Johnson Rd, Granite City, IL 62040-3831
    View Details

Similar Nearby for Sale

  • $199,900
    0.29 Acres
    Brick Office Building with Parking
    Well-maintained office property with substantial off-street parking, a detached garage, and C-4 Central Business Commercial District zoning.
    2100 State Street, Granite City, IL 62040
    View Details
  • New
    $55,000
    1,264 SF
    Storefront Property with Full Basement
    Corner-lot commercial building with updated interior finishes, loading access, and R3 zoning.
    2301 State Street, Granite City, IL 62040
    View Details
  • New
    $114,900
    0.46 Acres
    Two-Level Brick Office Building
    Flexible professional layout with reception, conference, kitchen, and private office areas across two levels.
    2335 Pontoon Road, Granite City, IL 62040
    View Details
  • $185,000
    0.46 Acres
    Medical Office with Dental Stations
    Brick medical office with private office, reception, break room, and dual HVAC systems.
    2161 Pontoon Road, Granite City, IL 62040
    View Details
  • New
    $149,900
    0.19 Acres
    Renovated Office Building
    Main-level private offices, reception space, and a conference room create a functional professional layout.
    2005 Johnson Road, Granite City, IL 62040
    View Details
  • $225,000
    0.29 Acres
    Multi-Tenant Office Building
    Renovated office property with an available built-out suite, established occupants, surface parking, and prominent signage.
    3723 Nameoki Road, Granite City, IL 62040
    View Details

Similar Nearby for Lease

  • $525-$1,500/Mo
    Office Units with On-Site Parking
    Multiple office suites are available within a 1993 building, with parking spaces located outside.
    5529 Dial Dr Unit 4, Granite City, IL 62040
    View Details
  • New
    $525-$1,500/Mo
    Multi-Unit Office Space
    Multiple office units are available for lease with parking spaces outside the building.
    4-5529 Dial Dr, Granite City, IL 62040
    View Details
  • $10 SF/Yr
    Renovated Coworking Space
    Flexible commercial suites support professional, medical, conference, retail, and service-oriented uses.
    3723 Nameoki Road, 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
    1,806 sqft
    Office Units with Private Offices
    Professional office suites offer reception areas, private offices, restrooms, and break-room accommodations for varied workplace needs.
    3165 Myrtle Ave, Granite City, IL 62040
    View Details
  • New
    Contact for pricing
    2,263 sqft
    Office/Retail Space for Lease
    Office and retail space is available for lease just off Route 111.
    3981 Lake Dr, Granite City, IL 62040
    View Details
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