$675,000

1 and 3 Georgetown Drive, Granite City, IL 62040

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon0.42acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 days ago

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.

Listing Status:
Active
Date Added:
January 29, 2026
Data Last Updated:
February 10, 2026 at 7:17AM
Listing Office:
Keller Williams Marquee : 618-307-5616
MLS ID:
26004416
  • Appliances: DishwasherRangeRefrigerator
  • Laundry: See Remarks
  • A/C: Central Air
  • Heating: Forced Air
  • General: Brick
  • Originating MLS: maris2
  • County: Madison
  • Zoning: 17-2-20-02-09-101-016
  • Current Use: Multi-Family
  • Utilities: Ameren
  • Water: Public
  • Source: maris2

This listing courtesy of Keller Williams Marquee

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Grigsby Intermediate School

3801 Cargill Rd, Granite City, IL, 62040

Grades 5-6

1.05 miles away

C

Coolidge Junior High School

3231 Nameoki Rd, Granite City, IL, 62040

Grades 7-8

3.15 miles away

G

Granite City High School

3148 Fehling Rd, Granite City, IL, 62040

Grades 9-12

3.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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