Agent Interest - Great investment opportunity! This is a 4 unit apartment building, with two, 2 bedroom 1 bath units upstairs and 2, 1 bedroom 1 bath units downstairs. 1 unit currently vacant but ready for move in. There are 2 long term tenant's which have resided in the building multiple years, as well as a tenant who is under a 1 year lease at present. Rents when 4th unit is rented will be 2,550 per month, with 3 great tenants, two long term who pay each month. Owner pays trash and sewer which comes up to $110.00 combined per month, as well as 15 dollar basement electric bill per month. Property has had new electrical, some newer plumbing, and some HVAC updates. Window units for a/c as well as forced heat throughout units. Great property which stays rented with room to increase rents. Property is a cash cow!
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Brown Realtors
Exterior Features
Parking Information:
Attached Garage: No
Parking: Off Street
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $154,900
Tax Information:
Annual Amount: $1,545
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Granite City, IL.
This property is $32.1K more than the Median Sold Price in Granite City, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MARIS
MLS Number: #24040822
Listing Office:
Office Name: Coldwell Banker Brown Realtors
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
2
/10
Bernard Long Elementary School
1003 Farrish St
Distance between this listing and this school1.24 miles
Public District Grades EE-5
2
/10
Frohardt Elementary School
2040 Johnson Rd
Distance between this listing and this school2.48 miles
Public District Grades KG-4
1
/10
Lovejoy Elementary School
PO Box 250
Distance between this listing and this school3.01 miles
Public District Grades PK-5
Nearby Schools
3
/10
Madison Jr. High School
600 Farrish St
Distance between this listing and this school1.50 miles
Public District Grades 6-8
2
/10
Coolidge Junior High School
3231 Nameoki Rd
Distance between this listing and this school1.99 miles
Public District Grades 7-8
3
/10
Venice Elementary School
300 4th St
Distance between this listing and this school2.97 miles
Public District Grades KG-8
Nearby Schools
2
/10
Madison Sr. High School
600 Farrish St
Distance between this listing and this school1.50 miles
Public District Grades 9-12
2
/10
Granite City High School
3148 Fehling Rd
Distance between this listing and this school1.83 miles
Public District Grades 9-12
1
/10
Lovejoy Academy
PO Box 250
Distance between this listing and this school3.01 miles
The neighbors living near this home have an average income of $21,866. Typical income of Granite City, IL residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
This home is located at 1915 Benton St in Granite City, IL and zip code 62040. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $154,900.
In October 2024, from all listings sold in Granite City, IL there were more than 16 sold above asking price, over 13 sold below and more than 10 were sold right at the asked price. The number of listings in Granite City, IL increased by 13.3% between September 2024 and October 2024. Listings spent 44 days on the market in October 2024, and had a median list price of $122,713 during the same period.
From Rocket Homes Real Estate and based on county public records data.