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Fred Venturini

[email protected] +1(618) 322-9764

$ 150,000

Est. payment -/mo

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2447 E 24th ST Granite City, IL 62040

5,712 SqFt

UPDATED:

01/12/2025 04:02 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 5,712 sqft

Price per Sqft $26

Subdivision East Granite

MLS Listing ID 24073670

Construction Status 94

Year Built 1930

Building Age 94

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50 x 125

Property Description

Time to start your investment portfolio? Have some 1031X funds? Want to add 6 more doors? Here's an OPPORTUITY to INCREASE monthly CASH FLOW. Consists of both ground & upper units. All-1bd/1ba. Some have bonus areas. As of 1/1/25, 3 units are occupied. Rents total $1875/mo. 4th should be ready.(pending city approval) Renovations for the 5th/6th unit needed for tenant placement. 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 have been updated. Both sets of stairs to basement; upper landing & handrails have been rebuilt. Water heaters/supply lines have been updated. Coin operated laundry on site. Occupied units require notice. Can be viewed after an accepted offer. May need commercial financing.

Location

State IL

County Madison-il

Interior

Heating None

Cooling Other

Fireplace N

Laundry Coin Operated

Building

Sewer Public Sewer

Water Public

Structure Type Other

Construction Status 94

Schools

Elementary Schools Granite City Dist 9

Middle Schools Granite City Dist 9

High Schools Granite City

School District Granite City Dist 9

Others

Ownership Private

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition No Exemptions, None

Listed by Julie Jones-Kloeckner • Keller Williams Marquee

Fred Venturini

Broker | License ID: 475.179117

+1(618) 322-9764

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