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1 and 3 Georgetown Drive

Granite City, IL 62040
  • $615,000
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: 26035479
Price Reduced
UPDATED: 51 min ago
$615,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1986
County:

School Information

Elementary School:
Middle School:
High School:
School District:

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 2026-07-19T07:39:21.45.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/177339297
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1 and 3 Georgetown Drive Granite City, IL 62040

  • Price: $615,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 51 min ago
  • ID#: 26035479
0
Beds
0
Baths
0
½ Baths
0.42
Acres
1986
Built
Neighborhood:
Lakeview Estates Third Add
County:
Madison
Elementary School:
Granite City Dist 9
Middle School:
Granite City Dist 9
High School:
Granite City
School District:
Granite City Dist 9
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

Architectural Style Apartment Style Carport YN No Construction Materials Brick Garage YN No Lot Size Source Other Waterfront YN No

Interior Features

Appliances DishwasherRangeRefrigerator Basement YN No Cooling Central Air Fireplace YN No Heating Forced Air Laundry Features See Remarks Main And Upper Level Bathrooms 0 Main And Upper Level Bedrooms 0

Property Features

Accessibility Features Accessible Washer/Dryer Association Southwestern Illinois Board of REALTORS Association YN No Auction YN No Disclosures None Electric Ameren Gross Income 0 Listing Terms CashConventional Net Operating Income 56372 New Construction YN No Property Sub Type 2-4 Units Section NAMEOKI Special Listing Conditions Listing As IsPackage Tax Annual Amount 4873 Tax Year 2024 Unit Count 0 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 2026-07-19T07:39:21.45.

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