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$40,000
-- Bed
-- Bath
4,967sqft
1808 State St, Granite City, IL 62040
$40,000
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Multi Family
Built in 1940
$-- HOA
6,250.86 sqft lot
$8/sq.ft
Description
Price listed is Starting Bid Only. Bidding starts closing 02/04/2026 @ 6 p.m. Discover your chance to own a potential filled, income-producing asset in the heart of Granite City. This partially leased 5-unit building generates $1,000 in monthly rental income at the current rental rates, offering immediate cash flow and long-term investment potential. The building features three-2BR/1BA units and two-1BR/1BA units. Currently, the owner pays for water and trash for the building with the tenants responsible for electric and gas thanks to dedicated meters, keeping operational costs manageable and transparent. Zoned C-Commercial within the Granite City zoning jurisdiction, th...
Continue Reading- Houzeo last checked: 11 Minutes ago
- Listing updated: January 24, 2026 at 6:30 pm
- Listing Provided by: Adam Jokisch | Adams Auction & Real Estate Services Inc. (618) 234-8751
- Source: MARIS MLS-MO | MLS#: MIS26002418
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
4,967 sqft
Lot Size
6,250.86 sqft lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS26002418
MLS Status
Active
Days on Market
17
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