$630,000

1 and 3 Georgetown Drive, Granite City, IL 62040

Commercial Property
Built in 1986
0.42acre lot
—— car garage
$——/sqft
Listed 3 months 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:: May 11, 2026 at 8:16PM
Listing Office:: Elevate Illinois Realty : 618-343-5444
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 Elevate Illinois Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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