Property profile

3401 Century Dr Granite City, IL 62040

OFF-MARKET
Specialty properties
Property ID
US28-4699325
5,400 SF 5.19 ac lot Built 2005
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 5,400-square-foot commercial property, built in 2005, presents a unique investment opportunity. Situated on 5.19 acres in Granite City, Illinois (62040), at 3401 Century Dr, this former VFW hall boasts a spacious layout ideal for diverse uses. The property includes a fully equipped kitchen featuring stainless steel prep tables, a walk-in cooler, and a fire suppression system. A full bar, ample seating areas, and separate men's and women's restrooms are also included. All existing furnishings, including tables, chairs, bar stools, and kitchen equipment, are part of the sale. Exterior features include a large paved parking lot, a convenient storage shed, and an outdoor pavilion with tables. Its prime location near the interstate provides excellent accessibility. The asking price is $575,000. This property is well-suited for a variety of commercial ventures, including restaurants, bars, retail spaces, or office uses. The single-story building offers significant potential for adaptation and customization to meet specific business needs. The expansive lot size provides ample room for expansion or additional development. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location.

Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 2005
Total area 5,400 SF
Lot 5.19 ac (226,076 SF)
APN 22-1-20-07-00-000-007-004
UPID US28-4699325

Cap rate & NOI

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

Location

3401 Century Dr Granite City, IL 62040-2179
Granite City metro Census 400200 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2017
Price N/A
2005
$100,000
1969
Price N/A

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
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