2689 Westmoreland Drive , Granite City, IL 62040(Madison County)

2.16 Acres in Granite City, IL - $438,000

Dreaming of building a custom home/homes? This 2.7 +/- acre developer ready lot may fit your needs. Large lot comes planned with city sewer in place for 13 villas. Initial phase of development (4-unit villa) already completed on adjoining lot. Villas currently rent at $900+ per unit. Here is a tremendous opportunity to build while concurrently producing income! Villas are single story with attached garage and no stairs! Villas are ADA compliant ready. Bring your own ideas and plans for the remaining acreage or continue this development! Call today for more information and to see for yourself. Property back on the market seller lost financing.