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901 Niedringhaus Avenue

Granite City, IL 62040
  • $179,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: 25021723
UPDATED: 57 min ago
$179,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,480
    SQFT
  • $40
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1925
County:

School Information

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

Description

A remarkable investment opportunity, with room to grow and a high traffic location. Sale includes main building, garage, side lot 905 Niedringhaus and lot across the street 849 Neidringhaus. The building contains 3 rented apartments upstairs. (1 One bedroom, 2 efficiencies) The main floor has 2 rental units that can be used in current state of bar and retail or converted to apartments. Off the bar is a large all seasons room and deck. A shed in the fenced side yard is also great for more storage. Each unit has it's own metered utilities except the heat in 1 bedroom apartment. Behind the building is an oversized 2 car garage that could be rented, used as a workshop or storage. The property already has rental income and with the right improvements more income can be added. The property sits on a corner lot near America Steel, Prairie Farms plant, and the America's Central Port.

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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 2025-04-23T15:39:45.12.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/162349103
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901 Niedringhaus Avenue Granite City, IL 62040

  • Price: $179,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 57 min ago
  • ID#: 25021723
0
Beds
0
Baths
0
½ Baths
0.41
Acres
4,480
SQFT
$40
$/SQFT
1925
Built
Neighborhood:
N/A
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
A remarkable investment opportunity, with room to grow and a high traffic location. Sale includes main building, garage, side lot 905 Niedringhaus and lot across the street 849 Neidringhaus. The building contains 3 rented apartments upstairs. (1 One bedroom, 2 efficiencies) The main floor has 2 rental units that can be used in current state of bar and retail or converted to apartments. Off the bar is a large all seasons room and deck. A shed in the fenced side yard is also great for more storage. Each unit has it's own metered utilities except the heat in 1 bedroom apartment. Behind the building is an oversized 2 car garage that could be rented, used as a workshop or storage. The property already has rental income and with the right improvements more income can be added. The property sits on a corner lot near America Steel, Prairie Farms plant, and the America's Central Port.
Exterior Features

Attached Garage YN No Lot Size Dimensions 0 Lot Size Source Other Parking Features Other

Interior Features

Above Grade Finished Area Source Public Records Cooling ElectricIndividual Units Heat Source Gas Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Building Description Apt/InteriorEntranceOther Cable Available Yes Cross Street Olive Current Financing Cash OnlyConventional Disclosures UnknownFlood Plain No Lease Term Month To Month Net Operating Income 0 Operating Expense Includes InsuranceTaxesHeat/Cooling Possession Close Of Escrow Property Sub Type Multi-Family 2-4 Sewer Public Sewer Special Listing Conditions RehabbedNone Tax Annual Amount 2423 Tax Year 2024 Tenant Pays All Utilities Transaction Type Sale Type Of Units 3-Family Water Source Public

Listing provided courtesy of RE/MAX Alliance: 3452111. 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 2025-04-23T15:39:45.12.

Fusion Realty, LLC: 618.781.9170
 
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