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2447 24th Street Granite City, IL 62040

$130,000

5712 Square Feet

Tax History: $3198 - 2023

Estimated Payment: $616 Per Month*

Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]

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Property Description

$130,000 , Located in EAST GRANITE, GRANITE CITY. ZIP Code: 62040

Time to start your investment portfolio? Have some 1031X funds? Want to add 8 more doors? Here's an OPPORTUNITY to INCREASE monthly CASH FLOW. Listing consists of 1bd/1ba ground & upper units. Some w/ bonus areas. As of 5/28/25, 4 units are occupied. Renovations for the 5th/6th units needed. Numbers are estimates/may vary based on multiple factors. Selling AS IS & NO REPAIRS WILL BE MADE. Buyer responsible for municipal inspections. Inspections required for placement of current tenants were completed. Tenants pay electric. Seller pays w/s/t & lawn. Occupied units have refrigerator, stove & wall unit for heat. Some fixtures updated. Both sets of stairs to basement; upper landing & handrails have been rebuilt. Water heaters/supply lines updated. Coin operated laundry on site. ** PORTFOLIO PURCHASE. Includes this property -6 doors, & 2 SF Homes - MLS# 25016468 & 25016461. ** Ask your agent for rents. Price reflects the home’s value w/in the package deal, will require commercial financing.

This property is located on 0.14 Acre(s).

Near By Listings

1832 Cleveland Boulevard Granite City, IL 1.25 miles

901 Niedringhaus Avenue Granite City, IL 1.81 miles

115 Jerome Lane East St Louis, IL 6.15 miles

2718 State Street East St Louis, IL 6.22 miles

11 9th Street Belleville, IL 6.31 miles

Main Features:

Approximate lot size is 0 Acre(s)
Elementary School: GRANITE CITY DIST 9
Middle School: GRANITE CITY DIST 9
High School: Granite City

Send Message to Realtor:

MLS#: 24073670
Listing ID: 56202
Updated: 15 days ago
Days on site: 216 days

Listing provided by

Julie Jones-Kloeckner

Keller Williams Marquee

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

The multiple listing information is provided by Southwestern Illinois Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listing and each individual listings are © 2025 Southwestern Illinois Regional Multiple Listing Service, Inc.. All Rights Reserved.

The information provided is for consumers' personal, non-commercial user and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.