Great investment opportunity. 4 of 5 units rented. 3 units are nicely updated, other two have long term tenants. Each unit includes living room, eat in kitchen, 1 bedroom and bath. Rents vary per unit. Street facing building includes 3 units and back building has two units.
Closed
Listed by: Coldwell Banker Brown Realtors • Wendi D Mielke • Contact: 618-535-2930
Bought with: H3 Capital Real Estate, Llc
$125,000
2422 Madison Ave, Granite City, IL 62040
1beds
1baths
3,563sqft
Multi Family
Built in 1918
-- sqft lot
$147,500 Zestimate®
$35/sqft
$728 Estimated rent
Home value
$147,500
$117,000 - $180,000
$728/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Wendi D Mielke 618-535-2930,
Coldwell Banker Brown Realtors,
Elaine K Rhodes 618-578-8772,
Coldwell Banker Brown Realtors
Bought with:
Shawn Howland, 471019058
H3 Capital Real Estate, Llc
Source: MARIS,MLS#: 23053050
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Electric, Varies by Unit
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater
- Laundry: Washer Hookup, In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,563
- Total interior livable area: 3,563 sqft
- Finished area above ground: 3,563
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 4,791 Square Feet
- Dimensions: 40 x 120
Details
- Parcel number: 222201815405009
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Low/1-2
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Not In Subdivision
Location
- Region: Granite City
Financial & listing details
- Price per square foot: $35/sqft
- Tax assessed value: $74,940
- Annual tax amount: $2,064
- Date on market: 9/4/2023
- Cumulative days on market: 57 days
- Listing terms: Cash
- Inclusions: Building, Land
- Ownership: Private
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 11/16/2023 | Sold | $125,000+127.3%$35/sqft |
Source:  MARIS #23053050 Report a problem | ||
| 12/28/2021 | Sold | $55,000+57.1%$15/sqft |
Source: Public Record Report a problem | ||
| 4/18/2005 | Sold | $35,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,177 +1.5% | $24,980 +10.9% |
| 2023 | $2,144 +3.9% | $22,520 +9.1% |
| 2022 | $2,064 +3.1% | $20,640 +6.6% |
| 2021 | $2,002 +2.4% | $19,360 +4.7% |
| 2020 | $1,956 +3% | $18,490 +5.5% |
| 2019 | $1,900 | $17,530 +3% |
| 2018 | -- | $17,020 |
| 2017 | $1,819 +8.8% | $17,020 -3.6% |
| 2016 | $1,673 | $17,650 |
| 2015 | $1,673 | $17,650 |
| 2014 | $1,673 | $17,650 |
| 2013 | $1,673 | $17,650 +1.3% |
| 2012 | -- | $17,420 -21.6% |
| 2011 | -- | $22,220 |
| 2010 | -- | $22,220 |
| 2009 | -- | $22,220 +7.2% |
| 2007 | -- | $20,720 +5.8% |
| 2005 | -- | $19,590 +9.8% |
| 2004 | $1,406 +8% | $17,840 +6.8% |
| 2003 | $1,302 +1.8% | $16,700 +4.8% |
| 2002 | $1,280 | $15,930 +5.6% |
| 2001 | -- | $15,080 +3.3% |
| 2000 | $1,156 | $14,600 |
Find assessor info on the county website
Neighborhood: 62040
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Nearby schools
GreatSchools rating
- NAWilson Elementary SchoolGrades: 1-2Distance: 1.7 mi
- 2/10Coolidge Middle SchoolGrades: 7-8Distance: 1.2 mi
- 2/10Granite City High SchoolGrades: 9-12Distance: 1 mi
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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Estimated market value
$147,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$147,500
- Illinois
- Madison County
- Granite City
- 62040
- 2422 Madison Ave
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