4
See all 4 photos
$660,000
Est. payment /mo
0.42 Acres Lot
New
1 and 3 Georgetown DR Granite City, IL 62040
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Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Lakeview Estates Third Add
MLS Listing ID 26035479
Style Apartment Style
Year Built 1986
Annual Tax Amount $4,873
Lot Size 0.423 Acres
Acres 0.4228
Property Sub-Type 2-4 Units
Property Description
Package Deal. 1 and 3 Georgetown Drive, Granite City, IL 62040. Turnkey cash flow from day one with two fully occupied 4-unit buildings. Strong rental history with professional property management in place. Eight total units, all leased. Recent updates include new roofs 2025 and partial siding improvements. Both buildings are well-maintained and located in a high-demand rental area. Immediate income and potential for future rent increases as well as value-add improvements. Interior photos shown are prior to tenant being occupied. Just a quick drive to Edwardsville from this convenient location. Seller pays water, sewer and trash. Call your agent today.
Location
State IL
County Madison
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Appliance Dishwasher, Range, Refrigerator
Laundry See Remarks
Exterior
Parking Features false
View Y/N No
Building
Water Public
Structure Type Brick
Schools
Elementary Schools Granite City Dist 9
Middle Schools Granite City Dist 9
High Schools Granite City
School District Granite City Dist 9
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listing As Is, Package
Listed by Julie Sajich • Elevate Illinois Realty
NEARBY SCHOOL & BUSINESS
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