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2701 Center Street

Granite City, IL 62040
  • $7,000,000
  • STATUS: Active Under Contract
  • ON SITE: 151 Days
  • ID#: 25063286
Under Contract
UPDATED: 52 min ago
$7,000,000
  • 0
    BEDS
  • 3.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1969
County:

School Ratings & Info

Description

Your opportunity to acquire a turnkey 64-unit income-producing multi-family portfolio in Granite City, Illinois. This property offers a diverse mix of 64 residential units, including: - One-bedroom / one-bathroom apartments – 24 Units (770 sq ft each unit) - Two-bedroom / one-bathroom apartments – 24 Units (900 sq ft each unit) - Two-bedroom / 1.5-bathroom townhomes – 16 Units (1050 sq ft each unit) - One single-family home – 1200 sq ft Property Highlights - Unit Mix Variety: Appeals to a wide tenant base. - Fully leased, delivering investors immediate income. - Parking & Access: Assigned parking for tenants plus additional visitor spaces ensure ease of use for residents and guests. -Onsite Laundry - 3 convenient coin-operated laundry facilities. - Security & Privacy: The community is fully enclosed with a privacy fence and secured through a gated main entry with a guard shack, providing peace of mind for residents. - Community Features: Multiple courtyard spaces / 2 blocks from Wilson Park, a 74-acre city park that has been in operation since 1921, serving as a cornerstone for community activities. Offering includes parcel numbers - 22-2-20-07-19-402-014 - Buildings 1&2 , 22-2-20-18-07-201-012 -2681 Center St., 22-2-20-18-07-201-009 - 2702 Center St. (Single Family), 22-2-20-07-19-402-013 - 2706-2734 Center St - WILL NOT DIVIDE

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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 2026-02-15T16:39:11.693.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/167974463
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2701 Center Street Granite City, IL 62040

  • Price: $7,000,000
  • Status: Active Under Contract
  • On Site: 151 Days
  • Updated: 52 min ago
  • ID#: 25063286
0
Beds
0
Baths
0
½ Baths
3.17
Acres
1969
Built
Neighborhood:
Hillmers Sub
County:
Madison
Property Description
Your opportunity to acquire a turnkey 64-unit income-producing multi-family portfolio in Granite City, Illinois. This property offers a diverse mix of 64 residential units, including: - One-bedroom / one-bathroom apartments – 24 Units (770 sq ft each unit) - Two-bedroom / one-bathroom apartments – 24 Units (900 sq ft each unit) - Two-bedroom / 1.5-bathroom townhomes – 16 Units (1050 sq ft each unit) - One single-family home – 1200 sq ft Property Highlights - Unit Mix Variety: Appeals to a wide tenant base. - Fully leased, delivering investors immediate income. - Parking & Access: Assigned parking for tenants plus additional visitor spaces ensure ease of use for residents and guests. -Onsite Laundry - 3 convenient coin-operated laundry facilities. - Security & Privacy: The community is fully enclosed with a privacy fence and secured through a gated main entry with a guard shack, providing peace of mind for residents. - Community Features: Multiple courtyard spaces / 2 blocks from Wilson Park, a 74-acre city park that has been in operation since 1921, serving as a cornerstone for community activities. Offering includes parcel numbers - 22-2-20-07-19-402-014 - Buildings 1&2 , 22-2-20-18-07-201-012 -2681 Center St., 22-2-20-18-07-201-009 - 2702 Center St. (Single Family), 22-2-20-07-19-402-013 - 2706-2734 Center St - WILL NOT DIVIDE
Exterior Features

Carport YN No Construction Materials Brick Fencing FencedGatePerimeterPrivacyWood Foundation Details See RemarksSlab Lot Size Source Public Records Parking Total 80 Road Surface Type Asphalt Waterfront YN No

Interior Features

Appliances DishwasherMicrowaveRangeRefrigerator Cooling Central Air Flooring CarpetLuxury VinylVinyl Heating Forced Air Laundry Features In BasementMultiple LocationsIn Unit Main And Upper Level Bathrooms 0 Main And Upper Level Bedrooms 0 Stories Total 2

Property Features

Association Southwestern Illinois Board of REALTORS Auction YN No Business Type RentalResidential Current Use Multi-Family Disclosures None Electric Ameren Gross Income 725364 Listing Terms 1031 ExchangeCashConventional Ownership Type Private Possession Close Of Escrow Section GRANITE CITY Security Features Gated CommunityGated with GuardSmoke Detector(s) Special Listing Conditions Standard Tax Exempt YN No Tax Legal Description To Follow Per Title Report Tenant Pays ElectricityInternet Utilities Electricity Available Water Source Public

Listing provided courtesy of Berkshire Hathaway HomeServices Select Properties: 618-655-4100. 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 2026-02-15T16:39:11.693.

Fusion Realty, LLC: 618.781.9170
 
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