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    • Listed by: Elevate Illinois Realty • Julie Sajich • Contact: 618-696-8318
    Price cut: $15K (7/11)
    $615,000

    1 Georgetown Dr #3, Granite City, IL 62040

    --beds
    --baths
    --sqft
    : 
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    Multi Family, Apartment
    Built in 1986
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Partial siding improvementsBoth buildings are well-maintained
    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.
    44 days
    |
    166
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Sajich 618-696-8318,

    Elevate Illinois Realty

    Source: MARIS,MLS#: 26035479MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

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      Facts & features

      Interior

      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Range, Refrigerator
      • Laundry: See Remarks
      Features
      • Has basement: No
      • Has fireplace: No

      Property

      Accessibility
      • Accessibility features: Accessible Washer/Dryer
      Lot
      • Size: 0.42 Acres
      Details
      • Parcel number: 172200209101016
      • Special conditions: Listing As Is

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Apartment Style
      • Property subtype: Multi Family, Apartment
      Materials
      • Brick
      Condition
      • Year built: 1986

      Utilities & green energy

      • Electric: Ameren
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Lakeview Estates Third Add
      HOA
      • Has HOA: No
      Location
      • Region: Granite City

      Financial & listing details

      • Annual tax amount: $4,873
      • Date on market: 6/5/2026
      • Cumulative days on market: 45 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/11/2026Price change$615,000-2.4%
        Source: MARIS #26035479 Report a problem
        6/22/2026Price change$630,000-4.5%
        Source: MARIS #26035479 Report a problem
        6/5/2026Listed for sale$660,000+4.8%
        Source: MARIS #26035479 Report a problem
        6/4/2026Listing removed$630,000
        Source: MARIS #26003493 Report a problem
        5/23/2026Listed for sale$630,000
        Source: MARIS #26003493 Report a problem
        5/16/2026Contingent$630,000
        Source: MARIS #26003493 Report a problem
        5/1/2026Price change$630,000-2.3%
        Source: MARIS #26003493 Report a problem
        4/26/2026Price change$645,000-2.3%
        Source: MARIS #26003493 Report a problem
        3/14/2026Price change$660,000-2.2%
        Source: MARIS #26003493 Report a problem
        1/22/2026Listed for sale$675,000
        Source: MARIS #26003493 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 62040

        Getting around

        14 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Granite City Dist 9
        • Middle: Granite City Dist 9
        • High: Granite City

        Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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