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    Granite City, IL
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    Granite City, IL Residential Income Properties for Sale

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    Madison, IL Pontoon Beach, IL Louis, MO
    7 results
    Granite City Turnkey Duplex Investment
    $190,000
    2,868 SF

    Granite City Turnkey Duplex Investment

    2446 State Street, Granite City, IL 62040

    Fully occupied duplex with strong cash flow and modern updates.

    • Turnkey duplex offering immediate income from two fully leased units.
    • Strong cash flow with $2,490 monthly income plus pet fee.
    • Tenants cover all utilities except trash, including separately metered services.
    • Each unit features 3 bedrooms and 1 bathroom.
    • Modern updates including newer stainless steel appliances, updated kitchens with granite counters in the 1st floor unit, new flooring, 10 new windows, and updated fixtures.
    Updated: May 21
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    Granite City Income Property
    $99,700
    1,305 SF

    Granite City Income Property

    1437 Grand Avenue, Granite City, IL 62040

    Income-generating duplex with move-in ready units and fenced yard.

    • Income‑generating property: Previously yielded $2000/month.
    • Two units: 3‑bedroom, 2‑bath front house and furnished 1‑bedroom, 1‑bath rear unit.
    • Move‑in ready: Both units have passed occupancy inspections.
    • Mother‑in‑law suite: Rear unit suitable for extended family or rental.
    • Fenced yard: The front house has a nice‑sized fenced yard.
    Updated: Apr 28
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    Granite City Multifamily Property
    $79,500
    0.24 Acres

    Granite City Multifamily Property

    Four-unit multifamily property with income potential in Granite City, IL.

    2230 E 24th Street, Granite City, IL 62040
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    Two Detached Homes, One Lot
    $250,000
    2,165 SF

    Two Detached Homes, One Lot

    Two homes on one lot, ideal for rental income.

    2821 Edwards Street, Granite City, IL 62040
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    Granite City Duplex: Investor Opportunity
    Contact for pricing
    1,218 SF

    Granite City Duplex: Investor Opportunity

    Duplex in rough condition, ideal for renovation and resale.

    2345 State Street, Granite City, IL 62040
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    Turnkey Gaming Establishment For Sale
    $89,000
    0.00 Acres

    Turnkey Gaming Establishment For Sale

    Gaming establishment with income potential, adjacent to local bar.

    931 Neidringhaus Avenue, Granite City, IL 62040
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    Mixed-Use Investment Opportunity
    $299,000
    2,400 SF

    Mixed-Use Investment Opportunity

    Mixed-use property with commercial space, apartment, and warehouse.

    3009 Nameoki Rd, Granite City, IL 62040
    View details
    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 7 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.

    Renovated Four-Family Near Medical Centers
    $305,000
    3,450 SF

    Renovated Four-Family Near Medical Centers

    Turnkey, renovated 4-family with income potential near hospitals.

    1401 E Prairie Avenue, St, Louis, MO 63107
    View details
    Diversified Condominium Portfolio Opportunity
    $4,999,000
    1,040 SF

    Diversified Condominium Portfolio Opportunity

    Portfolio of 75 condominiums across North St. Louis County.

    Saint Louis, MO 63138
    View details
    St. Louis Four-Family Investment Property
    $160,000
    0.14 Acres

    St. Louis Four-Family Investment Property

    All-brick four-family in St. Louis with immediate cash flow.

    4512 N 19th Street, St, Louis, MO 63107
    View details
    Value-Add Multifamily Portfolio in St. Louis
    Contact for pricing

    Value-Add Multifamily Portfolio in St. Louis

    Two-asset, 163-unit multifamily portfolio with value-add potential in St. Louis.

    Saint Louis, MO 63147
    View details

    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 St. Louis
    Contact for pricing
    0.25 Acres

    Residential Land in St. Louis

    Vacant residential lot ideal for new construction or investment.

    9753 Lilac Drive, St, Louis, MO 63137
    View details
    Residential Land in East St. Louis
    Contact for pricing
    0.12 Acres

    Residential Land in East St. Louis

    Residential land available in East St Louis, Illinois.

    2031 N 42nd Street, East St Louis, IL 62204
    View details
    Buildable Vacant Lot Opportunity
    Contact for pricing
    0.25 Acres

    Buildable Vacant Lot Opportunity

    Vacant lot in East St Louis, convenient location.

    4788 Forest Boulevard, East St Louis, IL 62204
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    Residential Land in East St. Louis
    Contact for pricing
    0.23 Acres

    Residential Land in East St. Louis

    Vacant lot with potential for development and investment.

    1704 N 45th Street, East St Louis, IL 62204
    View details

    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

    2323 Washington Ave

    APARTMENT HOUSE (5+ UNITS) • 1,880 SF
    Value Estimation by Request
    2323 Washington Ave, Granite City, IL 62040-5441
    View details
    2127 Lincoln Ave

    2127 Lincoln Ave

    APARTMENT HOUSE (5+ UNITS) • 3,780 SF
    Value Estimation by Request
    2127 Lincoln Ave, Granite City, IL 62040-5555
    View details
    3801 Lk Dr

    3801 Lk Dr

    MOBILE HOME PARK, TRAILER PARK • 924 SF
    Value Estimation
    $2,560,000
    3801 Lk Dr, Granite City, IL 62040-4311
    View details
    4419 Horseshoe Lk Rd

    4419 Horseshoe Lk Rd

    MOBILE HOME PARK, TRAILER PARK • 1,600 SF
    Value Estimation by Request
    4419 Horseshoe Lk Rd, Granite City, IL 62040-6565
    View details
    2215 Washington Ave

    2215 Washington Ave

    APARTMENT HOUSE (5+ UNITS) • 780 SF
    Value Estimation by Request
    2215 Washington Ave, Granite City, IL 62040-5442
    View details
    1A Parktown Dr

    1A Parktown Dr

    Multifamily properties • 8.30 Acres
    Value Estimation by Request
    1A Parktown Dr, Granite City, IL 62040
    View details
    2933 Warren Ave

    2933 Warren Ave

    Land
    Value Estimation by Request
    2933 Warren Ave, Granite City, IL 62040
    View details

    Granite City, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 14 residential income properties for sale in Granite City, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 8,738 square feet of properties for sale, with an estimated market value of $838,700.

    Sale prices for residential income properties in Granite City, IL start at $99,700, averaging $209,675, and reaching up to $299,000 — 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

    Multifamily properties 6
    Duplexes 4
    Apartment buildings 1
    Quadplexes 1
    Single family properties 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    62040 $141.4K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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