Property profile

2933 Warren Ave Granite City, IL 62040

OFF-MARKET
Land
Property ID
US28-1633363
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Land
UPID US28-1633363

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2933 Warren Ave Granite City, IL 62040
Granite City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 2933 Warren Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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