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Executive Summary

Looking to add to your portfolio? Need to identify your 1031X property? Here are 4 fully occupied, residential units (2 upper and 2 lower) All four are on leases and all have been updated. Inspections were completed upon placement. Owner will provide leases and permits in hand, but will not facilitate new permits or inspections. Owner pays water, sewer, trash and lawn care. Showings with an accepted offer. Walk through to be scheduled within 4 days of an accepted contract. *** Seller is also selling MLS 25073987. May consider package. ****

Property Facts

Price $275,000
Price Per Unit $68,750
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 2,688 SF
No. Stories 2
Year Built 1965
Zoning Multi-Family

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Refrigerator
  • Range

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Vintage Building
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $765.00 -
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
22-2-20-17-17-302-038
Land Assessment
$2,780
Improvements Assessment
$35,950
Total Assessment
$38,730
  • Listing ID: 38395989

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 2441 E 24th St, Granite City, IL 62040

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