Active

Listed by: Elevate Illinois Realty • Julie Sajich • 618-696-8318

Price cut: $2.6K (7/27)

$79,900

1601 Olive St, Granite City, IL 62040

2beds

932sqft

$596/mo

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Single Family Residence

Built in 1927

7,657 Square Feet Lot

$-- Zestimate^®

$86/sqft

$-- HOA

What's special

Fenced backyardConvenient layoutFull basementLarge deckStorage shed

Motivated Seller! Investment opportunity. This 2-bedroom, 1-bath home is currently leased, offering immediate rental income. Features include a full basement, spacious full attic with potential for additional storage, a fenced backyard, large deck, and storage shed. Convenient layout with plenty of storage space throughout. Tenant rights apply. Great addition to an investment portfolio. Agent owned. Currently rented for $1100 a month.

72 days
189
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Heating

Forced Air

Cooling

Central Air

Appliances

Laundry: In Basement

Features

Eat-in Kitchen, Other
Basement: Full,Storage Space,Sump Pump
Has fireplace: No

Interior area

Total structure area: 932
Total interior livable area: 932 sqft
Finished area above ground: 932

Property

Features

Levels: One
Patio & porch: Deck, Front Porch
Exterior features: Storage
Fencing: Chain Link

Lot

Size: 7,657 Square Feet
Features: Back Yard, Front Yard, Some Trees

Details

Parcel number: 222192409102029
Special conditions: Listing As Is

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Brick, Vinyl Siding
Roof: Asphalt

Condition

Year built: 1927

Utilities & green energy

Electric: Ameren
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: First Add

HOA

Has HOA: No

Location

Region: Granite City

Financial & listing details

Price per square foot: $86/sqft
Tax assessed value: $48,180
Annual tax amount: $1,400
Date on market: 6/23/2026
Cumulative days on market: 72 days
Listing terms: Cash,Conventional
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/27/2026	Price change	$79,900-3.2%$86/sqft
Source: MARIS #26039754 Report a problem
7/19/2026	Price change	$82,500-2.9%$89/sqft
Source: MARIS #26039754 Report a problem
6/23/2026	Listed for sale	$85,000+24.1%$91/sqft
Source: MARIS #26039754 Report a problem
3/2/2023	Listing removed	--
Source: MARIS #22056133 Report a problem
1/12/2023	Listed for sale	$68,500+17.1%$73/sqft
Source: MARIS #22056133 Report a problem
11/16/2022	Listing removed	--
Source: MARIS #22056133 Report a problem
10/4/2022	Price change	$58,500-2.5%$63/sqft
Source: MARIS #22056133 Report a problem
9/16/2022	Price change	$60,000-7%$64/sqft
Source: MARIS #22056133 Report a problem
9/6/2022	Price change	$64,500-5.8%$69/sqft
Source: MARIS #22056133 Report a problem
8/28/2022	Listed for sale	$68,500+37%$73/sqft
Source: MARIS #22056133 Report a problem
8/19/2022	Sold	$50,000$54/sqft
Source: MARIS #22042185 Report a problem
7/8/2022	Pending sale	$50,000$54/sqft
Source: MARIS #22042185 Report a problem
7/7/2022	Price change	$50,000-16.7%$54/sqft
Source: MARIS #22042185 Report a problem
6/28/2022	Listed for sale	$60,000+85.8%$64/sqft
Source: MARIS #22042185 Report a problem
11/30/2016	Sold	$32,300-5%$35/sqft
Source: MARIS #16014289 Report a problem
9/19/2016	Pending sale	$34,000$36/sqft
Source: Coldwell Banker Brown Realtors #16014289 Report a problem
3/10/2016	Listed for sale	$34,000-10.5%$36/sqft
Source: Coldwell Banker Brown Realtors #16014289 Report a problem
12/31/2015	Listing removed	$38,000$41/sqft
Source: CENTURY 21 Bailey & Co. #4409849 Report a problem
7/7/2015	Listed for sale	$38,000+162.1%$41/sqft
Source: CENTURY 21 BAILEY and CO #4409849 Report a problem
6/7/2011	Sold	$14,500$16/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,400 +1.5%	$16,060 +10.9%
2023	$1,379 +161.6%	$14,480 +9.1%
2022	$527 +14.8%	$13,270 +6.7%
2021	$459 +11.9%	$12,440 +4.7%
2020	$410 +16.2%	$11,880 +5.5%
2019	$353	$11,260 +2.9%
2018	--	$10,940
2017	$529 -50.8%	$10,940 -3.6%
2016	$1,076	$11,350
2015	$1,076	$11,350
2014	$1,076	$11,350
2013	$1,076	$11,350 +1.2%
2012	--	$11,210 -13.8%
2011	--	$13,000
2010	--	$13,000
2009	--	$13,000 -2.3%
2007	--	$13,310 +5.7%
2005	--	$12,590 +9.8%
2004	$254 +2.1%	$11,470 +1.3%
2003	$249 -2.9%	$11,320 +4.9%
2002	$256	$10,790 +5.6%
2001	--	$10,220 +3.3%
2000	$254	$9,890