OPPORTUNITY to INCREASE monthly INCOME 3 Properties Offered at $338,000 in Multiple Locations

INVESTMENT HIGHLIGHTS

  • Increase monthly cash flow by adding 8 more doors to your portfolio.

EXECUTIVE SUMMARY

Ready to Build or Expand Your Investment Portfolio?
Whether you're deploying 1031 exchange funds or aiming to add eight more doors to your portfolio, this is an incredible opportunity to boost your monthly cash flow with a value-packed, income-producing property package. The offering includes two tenant-occupied single-family homes and a multi-family complex, each with established rental income and long-term potential.
Single-Family Home – MLS #25016468 - 2209 Terminal Ave, Granite City IL 62040
Offered at $89,000 (as part of package deal)
Cozy and move-in ready, this updated home features fresh paint, newer flooring, and a spacious layout perfect for tenants. The large living room flows into an open eat-in kitchen—ideal for entertaining. Main-floor laundry with washer/dryer hookups adds convenience. Three well-sized bedrooms and a modernized bathroom provide comfortable living. Outdoors, the sizable backyard with a storage shed is perfect for BBQs and tenant storage needs.
Tenant-occupied through September 30, 2025
Easy interstate access, just minutes from St. Louis
Photos taken Summer 2022

Single-Family Home – MLS #25016461 - 1307 West BLVD, Belleville IL 62221
Offered at $99,000 (as part of package deal)
Charming 2-bedroom, 1-bathroom home located in Belleville, featuring hardwood floors and an updated kitchen that opens to a formal dining room and main-floor laundry. Two generously sized bedrooms and a full bath are conveniently located off the central hallway. The oversized backyard includes a patio—perfect for grilling—and a shed for extra storage.
Tenant-occupied through June 30, 2025
Photos taken Spring 2024
Multi-Family Complex – MLS #24073670 - 2447 E 24th Street, Granite City IL 62040
Offered at $145,000 (as part of package deal)
This value-add multi-unit property consists of six 1-bed, 1-bath units—four currently occupied as of March 15, 2025. Some units offer bonus spaces, and two units require renovation.
Sold AS IS – No repairs will be made.
Buyer responsible for all municipal inspections.
Recent updates include: rebuilt staircases, updated water heaters, supply lines, and select fixtures.
Coin-operated laundry on site.
Tenant-paid electric; landlord covers water/sewer/trash and lawn care.
Units include refrigerator, stove, and wall heating units.
Investor Notes:
Both single-family homes and 4 out of 6 multi-family units are tenant-occupied; tenant rights apply across all properties.
Rent roll available— ask agent for updated copy.
Package total: $338,000, priced for a commercial finance structure.
Excellent option for investors seeking a turnkey rental package with upside potential through modest rehab and rent increases.

PROPERTY FACTS

Price $338,000
Price / SF $44.84 / SF
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 7,538 SF
Total Land Area 0.14 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
2209 Terminal Ave, Granite City, IL 62040 Specialty 864 SF 1961 -
1307 West Blvd, Belleville, IL 62221 Specialty 960 SF 1954 -
2447 E 24th St, Granite City, IL 62040 Multifamily 5,714 SF 1931 -
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  • Listing ID: 35324352

  • Date on Market: 3/31/2025

  • Last Updated:

  • Address: OPPORTUNITY to INCREASE monthly INCOME, Granite City, IL