2447 E 24th Street, Granite City IL 62040

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$150,000

2447 E 24th Street, Granite City, IL 62040

bedrooms

bathrooms

square feet

5,712

Acreage

0.14

Open Houses

year built

1930

Full Baths

Half Baths

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Time to start your investment portfolio? Have some 1031X funds? Want to add 6 more doors? Here's an OPPORTUITY to INCREASE monthly CASH FLOW. Consists of both ground & upper units. All-1bd/1ba. Some have bonus areas. As of 1/1/25, 3 units are occupied. Rents total $1875/mo. 4th should be ready.(pending city approval) Renovations for the 5th/6th unit needed for tenant placement. Numbers are estimates/may vary based on multiple factors. Selling AS IS & NO REPAIRS WILL BE MADE. Buyer responsible for municipal inspections. Inspections required for placement of current tenants were completed. Tenants pay electric. Seller pays w/s/t & lawn. Occupied units have refrigerator, stove & wall unit for heat. Some fixtures have been updated. Both sets of stairs to basement; upper landing & handrails have been rebuilt. Water heaters/supply lines have been updated. Coin operated laundry on site. Occupied units require notice. Can be viewed after an accepted offer. May need commercial financing.

Location
Subdivision	East Granite
County	Madison-IL
Elementary School	GRANITE CITY DIST 9
Middle School	GRANITE CITY DIST 9
High School	Granite City

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Open houses

None scheduled.

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MLS number: 24073670

Listing agent: Julie Jones-Kloeckner #471-019646

Listing broker: Keller Williams Marquee (618) 307-5616

Last update: Wednesday, January 15 2025 at 5:19 a.m. EST

Kotohomes National