Property summary
Exceptional opportunity to acquire a residential lot spanning 5,000 square feet in Granite City, Illinois. Located at 2933 Warren Ave, this property includes a 462 square foot, one-bedroom house built in 1945. The property is being sold AS-IS, reflecting a significant discount from market value. The current owner has never occupied the premises, and it is currently vacant. This presents a unique chance for investors or those seeking a fixer-upper project in a residential zone. The property's size and location offer considerable potential. While the house requires renovation, the substantial lot size provides ample space for expansion or redevelopment. This is a truly discounted offering, ideal for those seeking a value-driven investment in a convenient Granite City location. The sale is final, and the property is sold in its current condition. All interested parties are encouraged to conduct their own due diligence before submitting an offer. The property is zoned for residential use, ensuring flexibility for future development plans. This is a rare opportunity to acquire a property at a significantly reduced price. Act quickly, as this deal won't last.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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