2447 E 24th Street , Granite City, IL 62040 (Madison County)

Size: 0.14 Acres

Type: House

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5 Family or More, Low/1-2 - Granite City, IL

Time to start your investment portfolio? Have some 1031X funds? Want to add 6 doors? Here's an OPPORTUNITY to INCREASE monthly CASH FLOW. Listing consists of 1bd/1ba ground & upper units. Some w/ bonus areas. As of 7/9/25, 4 units are occupied. Renovations for the 5th/6th units needed. 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 updated. Both sets of stairs to basement; upper landing & handrails have been rebuilt. Water heaters/supply lines updated. Coin operated laundry on site. The property may require commercial financing.

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