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2127 Lincoln Avenue

Granite City, IL 62040
  • $285,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 25013569
UPDATED: 55 min ago
$285,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1943
County:

School Information

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

Description

Don't miss this exceptional income-producing 5-plex multi-family building, perfectly positioned for long-term growth and stability. This well-maintained property features four 1-bedroom, 1-bathroom units and one spacious 3-bedroom, 1-bathroom unit, providing a diverse rental mix! Current rental rates range from $700-$750 for the 1-bedroom units and $1,000 for the 3-bedroom unit, ensuring steady cash flow. Tenants enjoy designated parking and private storage, adding convenience and value. Recent upgrades include newer roofs and system updates completed in 2022, reducing maintenance costs and increasing efficiency. Located near public transportation and local grocery stores, this property offers accessibility and high rental demand. With low-maintenance upkeep, this is an ideal turnkey investment for both seasoned and first-time investors. Seize this rare opportunity to own a high-performing multi-family property in a sought-after rental location! Reach out today for more details.

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Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-03-20T12:39:48.64.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/161193610
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2127 Lincoln Avenue Granite City, IL 62040

  • Price: $285,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 55 min ago
  • ID#: 25013569
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1943
Built
Neighborhood:
Central Place 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
Don't miss this exceptional income-producing 5-plex multi-family building, perfectly positioned for long-term growth and stability. This well-maintained property features four 1-bedroom, 1-bathroom units and one spacious 3-bedroom, 1-bathroom unit, providing a diverse rental mix! Current rental rates range from $700-$750 for the 1-bedroom units and $1,000 for the 3-bedroom unit, ensuring steady cash flow. Tenants enjoy designated parking and private storage, adding convenience and value. Recent upgrades include newer roofs and system updates completed in 2022, reducing maintenance costs and increasing efficiency. Located near public transportation and local grocery stores, this property offers accessibility and high rental demand. With low-maintenance upkeep, this is an ideal turnkey investment for both seasoned and first-time investors. Seize this rare opportunity to own a high-performing multi-family property in a sought-after rental location! Reach out today for more details.
Exterior Features

Attached Garage YN No Lot Size Dimensions 0 Parking Features Space/Unit - 2+

Interior Features

Cooling Electric Heat Source ElectricGas Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Current Financing Cash OnlyConventional Disclosures UnknownFlood Plain NoSellers Discl Not Av Inclusions Building Only Net Operating Income 0 Ownership Private Possession ImmediateLease Out Stand Property Sub Type Multi-Family 5+ Property Sub Type Additional Apt Bldg/Exterior En Sewer Public Sewer Special Listing Conditions No Step/Ramp EntrySome Accessible FeaturesNone Tax Annual Amount 2165 Tax Year 2023 Tenant Pays ElectricityGas Three Bed Units 1 Transaction Type Sale Water Source Public

Listing provided courtesy of Worth Clark Realty: 9916092. Listing information © 2025 Mid America Regional Information Systems, Inc.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-03-20T12:39:48.64.

Fusion Realty, LLC: 618.781.9170
 
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