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1 and 3 Georgetown Drive

Granite City, IL 62040
  • $660,000
  • STATUS: Active
  • ON SITE: 82 Days
  • ID#: 26004416
UPDATED: 144 min ago
$660,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1986
County:

School Ratings & Info

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.

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Listing information © 2026 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2026-04-21T23:39:13.317.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/172551989
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1 and 3 Georgetown Drive Granite City, IL 62040

  • Price: $660,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 144 min ago
  • ID#: 26004416
0
Beds
0
Baths
0
½ Baths
0.42
Acres
1986
Built
Neighborhood:
Lakeview Estates Third Add
County:
Madison
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.
Exterior Features

Carport YN No Construction Materials Brick Lot Size Source Other Waterfront YN No

Interior Features

Appliances DishwasherRangeRefrigerator Cooling Central Air Heating Forced Air Laundry Features See Remarks Main And Upper Level Bathrooms 0 Main And Upper Level Bedrooms 0 Stories Total 2

Property Features

Accessibility Features Accessible Washer/Dryer Association Southwestern Illinois Board of REALTORS Auction YN No Business Type Rental Current Use Multi-Family Disclosures Seller Property Disclosure Electric Ameren Gross Income 0 Listing Terms CashConventional Net Operating Income 56372 Possible Use Other Section NAMEOKI Special Listing Conditions Package Tax Annual Amount 4873 Tax Year 2024 Water Source Public

Listing provided courtesy of Elevate Illinois Realty: 618-343-5444. Listing information © 2026 Mid America Regional Information Systems, Inc.
Listing information © 2026 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2026-04-21T23:39:13.317.

Fusion Realty, LLC: 618.781.9170
 
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Fusion Realty, LLC
One 157 Center
Edwardsville IL, 62025