Residential Income

Granite City, IL Residential Income Properties for Sale

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Madison, IL Pontoon Beach, IL Louis, MO
Turnkey Duplex Investment
Updated: May 21
Turnkey Duplex Investment

2446 State Street, Granite City, IL 62040

$190,000
2,868 sqft · 0.17 AC lot
Fully occupied duplex at 2446 State St, Granite City, IL with 2 leased units (each unit has 3 bedrooms and 1 bathroom).
Current combined monthly income of $2,490 plus $25/month pet fee (tenants are currently in place).
Tenants pay all utilities except trash; water/sewer is separately metered, while gas and electric are tenant‑paid.
Recent updates include stainless steel appliances, updated kitchen cabinets and countertops (granite counters in 1st‑floor unit), and new flooring.
Energy and interior upgrades include 10 new windows and updated faucets and fixtures throughout.
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Two-Unit Duplex Investment Property
Updated: Apr 1
Two-Unit Duplex Investment Property

2345 State Street, Granite City, IL 62040

Contact for pricing
1,218 sqft · 0.20 AC lot
Duplex built in 1910 with brick and vinyl siding exterior materials
Central air cooling
Two‑unit duplex at 2345 State Street in Granite City
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Multifamily Portfolio in Granite City
Multifamily Portfolio in Granite City

2123 Edison, Granite City, IL 8820

$396,000

24-unit multifamily portfolio across multiple properties in Granite City, Illinois.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 3 Active listings in Granite City, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Bar and Apartment Building
Mixed-Use Bar and Apartment Building

1348 Madison Avenue, Madison, IL 62060

$199,000
4,608 sqft · 0.29 AC lot

Mixed-use building with a ready-to-open bar and grill plus two upstairs residential apartments.

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All-Brick Quadplex with Occupied Units
All-Brick Quadplex with Occupied Units

4512 N 19th Street, St, Louis, MO 63107

$160,000
0.14 AC lot

All-brick four-family featuring four 2-bed/1-bath units that are currently tenant occupied.

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All-Brick Two-Family Duplex
All-Brick Two-Family Duplex

4410 N 19th Street, St, Louis, MO 63107

$120,000
0.09 AC lot

Tenant-occupied duplex with two 3-bedroom, 1.5-bath units and convenient access to highways, transit, and downtown.

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152-Unit Multifamily Investment Opportunity
152-Unit Multifamily Investment Opportunity

101 Whitsell Way, Pontoon Beach, IL 62040

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152-unit apartment community near Gateway Commerce Center and major employers.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Granite City
Residential Land in Granite City

2531 E 25th Street, Granite City, IL 62040

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0.14 AC lot

Residential lots available in Granite City, Illinois.

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Residential Corner Lot in Granite
Residential Corner Lot in Granite

2400 W 23rd Street, Granite City, IL 62040

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0.17 AC lot

0.17-acre residential vacant corner lot in a calm neighborhood.

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Oversized Corner Lot in Granite
Oversized Corner Lot in Granite

2701 Marshall Avenue, Granite City, IL 62040

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0.23 AC lot

Residential vacant corner lot in a peaceful Granite City neighborhood.

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Buildable Corner Lot in Granite
Buildable Corner Lot in Granite

2830 Cayuga Street, Granite City, IL 62040

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0.36 AC lot

Over a third acre corner lot with available utilities.

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Off-Market Properties in Granite City, IL

Consider similar Off-Market properties in Granite City, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2323 Washington Ave
APARTMENT HOUSE (5+ UNITS)

2323 Washington Ave, Granite City, IL 62040-5441

Value Estimation by Request
1,880 sqft · 0.11 AC lot
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2127 Lincoln Ave
APARTMENT HOUSE (5+ UNITS)

2127 Lincoln Ave, Granite City, IL 62040-5555

Value Estimation by Request
3,780 sqft · 0.23 AC lot
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3801 Lk Dr
MOBILE HOME PARK, TRAILER PARK

3801 Lk Dr, Granite City, IL 62040-4311

$2,560,000
Estimated value
924 sqft · 14.35 AC lot
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4419 Horseshoe Lk Rd
MOBILE HOME PARK, TRAILER PARK

4419 Horseshoe Lk Rd, Granite City, IL 62040-6565

Value Estimation by Request
1,600 sqft · 67.01 AC lot
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2215 Washington Ave
APARTMENT HOUSE (5+ UNITS)

2215 Washington Ave, Granite City, IL 62040-5442

Value Estimation by Request
780 sqft · 0.17 AC lot
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1A Parktown Dr
Multifamily properties

1A Parktown Dr, Granite City, IL 62040

Value Estimation by Request
8.30 AC lot
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2933 Warren Ave
Land

2933 Warren Ave, Granite City, IL 62040

Value Estimation by Request
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Granite City, IL Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Granite City, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,117 square feet of properties for sale, with an estimated market value of $1,054,000.

Sale prices for residential income properties in Granite City, IL start at $125,000, averaging $210,800, and reaching up to $300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 4
Apartment buildings 2
Duplexes 2

Demographics Overview

Population 40K
Population Growth (5Y) -4.9%
Median Household Income $60,558
College Educated 20.7%

High-Yield Neighborhoods for Investment

Identify Granite City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Granite City $160.3K
Edison $396K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Granite City fall within the 100,000+ square foot range.

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