What an incredible opportunity to build a home on this lot w/easy access to schools, shopping, work, and park recreational areas. Close to Wilson Park w/tennis courts, skating park, pool, and ice rink. You could purchase this land to extend your property if you are purchasing one of the adjacent homes for sale around this lot.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Brown Realtors
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Other
Directions Information:
Directions: Madison Ave to lot with Shed
Price Information
Listing Price Info
Price Summary:
List Price: $14,500
Tax Information:
Annual Amount: $233
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Granite City, IL.
This property is $108.2K less 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: #24066121
Listing Office:
Office Name: Coldwell Banker Brown Realtors
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$140
Per Month
Principal & Interest
$73
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$110
Powered By
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Frohardt Elementary School
2040 Johnson Rd
Distance between this listing and this school1.43 miles
Public District Grades KG-4
2
/10
Bernard Long Elementary School
1003 Farrish St
Distance between this listing and this school1.67 miles
Public District Grades EE-5
1
/10
Lovejoy Elementary School
PO Box 250
Distance between this listing and this school3.77 miles
Public District Grades PK-5
Nearby Schools
2
/10
Coolidge Junior High School
3231 Nameoki Rd
Distance between this listing and this school0.98 miles
Public District Grades 7-8
3
/10
Madison Jr. High School
600 Farrish St
Distance between this listing and this school1.93 miles
Public District Grades 6-8
3
/10
Venice Elementary School
300 4th St
Distance between this listing and this school3.76 miles
Public District Grades KG-8
Nearby Schools
2
/10
Granite City High School
3148 Fehling Rd
Distance between this listing and this school0.80 miles
Public District Grades 9-12
2
/10
Madison Sr. High School
600 Farrish St
Distance between this listing and this school1.93 miles
Public District Grades 9-12
1
/10
Lovejoy Academy
PO Box 250
Distance between this listing and this school3.77 miles
The neighbors living near this home have an average income of $37,000. The majority of Granite City, IL residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2547 Madison Ave
What is the listing price of this property?
The listing price of 2547 Madison Ave property is $14,500.
What type of property is this?
The property 2547 Madison Ave is land located in Granite City, Illinois, 62040.
Is this property for sale now?
Active Listing: 2547 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $233 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2547 Madison Ave in Granite City, IL and zip code 62040. This home sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $14,500.
While more than 16 listings in Granite City, IL in October 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 13 were sold below. The number of homes for sale in Granite City, IL increased by 13.3% between September 2024 and October 2024. In October 2024 median list price was $122,713 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.