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Alexander Apartments 2222-2232 Alexander St 6 Unit Apartment Building For Sale Granite City, IL 62040
Investment Highlights
- "Solid poured concrete foundation eliminates common regional deferred maintenance risks.
- https://drive.google.com/drive/folders/1VX71KGoUfUxOp712OrILqgFC3gHymm25?usp=drive_link
- bathroom rough has been approved by the city.
- 8 Inch Sewer line installed about 6 years ago. (From Building to City Tap.)
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Investment | Lot Size | 0.30 AC |
| No. Units | 6 | Building Size | 2,472 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | ||
| Zoning | R-3 | ||
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 2,472 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | R-3 |
Amenities
- Smoke Detector
Unit Amenities
- Cable Ready
- Heating
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Yard
- Freezer
- Handrails
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $600.00 | 412 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 22-2-20-20-07-203-003 | Total Assessment | $48,320 |
| Land Assessment | $13,510 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $34,810 | Tax Year | 2025 |
Property Taxes
Parcel Number
22-2-20-20-07-203-003
Land Assessment
$13,510
Improvements Assessment
$34,810
Total Assessment
$48,320
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Photos
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Street
Map
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Contact the Sale Advisor
Alexander Apartments | 2222-2232 Alexander St