This property may qualify for a 5k grant from multiply lenders. Ask your favorite agent to check out this program for you. Ranch style home in Mitchell, many updates, great starter or down size home. Owner has installed new roof 2025, some new gutters 2025 and in 2023 new shower enclosure new toilet and new vanity. Then installed 6 ft wooden privacy fence around back. Built in corner china cabinet, main level laundry/ electric dryer, 6x10 shed. Don't miss this one!
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Listed by: Century 21 Bailey & Company • Sherry R MacKo • Contact: 618-910-2109
Bought with: Century 21 Bailey & Company
$68,000
508 Margaret Ave, Granite City, IL 62040
2beds
900sqft
Single Family Residence
Built in 1936
6,751 Square Feet Lot
$68,400 Zestimate®
$76/sqft
$1,014 Estimated rent
Home value
$68,400
$62,000 - $76,000
$1,014/mo
Zestimate® history
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Ranch style homeNew vanityNew toiletNew shower enclosure
Zillow last checked:
Listing updated:
Listed by:
Sherry R MacKo 618-910-2109,
Century 21 Bailey & Company
Bought with:
Sherry R MacKo, 475143241
Century 21 Bailey & Company
Source: MARIS,MLS#: 25082507
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 99
- Dimensions: 11x9
Bedroom 2
- Features: Floor Covering: Vinyl
- Level: Main
- Area: 99
- Dimensions: 11x9
Bathroom
- Features: Floor Covering: Vinyl
- Level: Main
- Area: 36
- Dimensions: 9x4
Kitchen
- Features: Floor Covering: Vinyl
- Level: Main
- Area: 180
- Dimensions: 15x12
Laundry
- Features: Floor Covering: Other
- Level: Main
- Area: 8
- Dimensions: 4x2
Living room
- Features: Floor Covering: Carpeting
- Level: Main
- Area: 247
- Dimensions: 13x19
Storage
- Features: Floor Covering: Other
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator
Features
- Flooring: Carpet, Vinyl
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 900
- Total interior livable area: 900 sqft
- Finished area above ground: 900
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Alley Access, Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Covered, Front Porch, Rear Porch
- Exterior features: Awning(s), Private Entrance, Private Yard, Storage
- Fencing: Back Yard,Wood
Lot
- Size: 6,751 Square Feet
- Dimensions: 50 x 135
- Features: Adjoins Common Ground, Back Yard, Level, Open Lot, Private
Details
- Additional structures: Shed(s)
- Parcel number: 182142704404003
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Block, Concrete
- Foundation: Block
Condition
- Year built: 1936
Utilities & green energy
- Electric: Ameren
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Brooks Sub
HOA
- Has HOA: No
Location
- Region: Granite City
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $38,520
- Annual tax amount: $411
- Date on market: 1/5/2026
- Cumulative days on market: 114 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $68,000-6.8%$76/sqft |
Source:  MARIS #25082507 Report a problem | ||
| 3/28/2026 | Contingent | $73,000$81/sqft |
Source: MARIS #25082507 Report a problem | ||
| 1/5/2026 | Listed for sale | $73,000+4.4%$81/sqft |
Source: MARIS #25082507 Report a problem | ||
| 10/12/2025 | Listing removed | $69,900$78/sqft |
Source: MARIS #24078868 Report a problem | ||
| 9/15/2025 | Contingent | $69,900$78/sqft |
Source: MARIS #24078868 Report a problem | ||
| 8/18/2025 | Price change | $69,900-6.7%$78/sqft |
Source: MARIS #24078868 Report a problem | ||
| 7/27/2025 | Listed for sale | $74,900$83/sqft |
Source: MARIS #24078868 Report a problem | ||
| 6/26/2025 | Pending sale | $74,900$83/sqft |
Source: MARIS #24078868 Report a problem | ||
| 4/30/2025 | Price change | $74,900-6.3%$83/sqft |
Source: MARIS #24078868 Report a problem | ||
| 2/4/2025 | Price change | $79,900-2.4%$89/sqft |
Source: MARIS #24078868 Report a problem | ||
| 1/23/2025 | Price change | $81,900-3.5%$91/sqft |
Source: MARIS #24078868 Report a problem | ||
| 12/31/2024 | Listed for sale | $84,900+173.9%$94/sqft |
Source: MARIS #24078868 Report a problem | ||
| 4/26/2022 | Sold | $31,000-22.3%$34/sqft |
Source: MARIS #22009149 Report a problem | ||
| 4/17/2022 | Pending sale | $39,900$44/sqft |
Source: MARIS #22009149 Report a problem | ||
| 4/12/2022 | Listed for sale | $39,900$44/sqft |
Source: MARIS #22009149 Report a problem | ||
| 3/24/2022 | Pending sale | $39,900$44/sqft |
Source: MARIS #22009149 Report a problem | ||
| 3/14/2022 | Price change | $39,900-7.2%$44/sqft |
Source: MARIS #22009149 Report a problem | ||
| 2/17/2022 | Listed for sale | $43,000-2.3%$48/sqft |
Source: MARIS #22009149 Report a problem | ||
| 1/4/2005 | Sold | $44,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $411 +10.4% | $12,840 +11.6% |
| 2023 | $372 +31.4% | $11,510 +14.8% |
| 2022 | $283 +12.8% | $10,030 +5.8% |
| 2021 | $251 +17.7% | $9,480 +5.9% |
| 2020 | $213 -1.5% | $8,950 |
| 2019 | $217 | $8,950 +6.7% |
| 2018 | -- | $8,390 |
| 2017 | $178 -13.4% | $8,390 |
| 2016 | $205 | $8,390 -1.8% |
| 2015 | $205 | $8,540 |
| 2014 | $205 | $8,540 -3.2% |
| 2013 | $205 | $8,820 -4.6% |
| 2012 | -- | $9,250 -11.3% |
| 2011 | -- | $10,430 |
| 2010 | -- | $10,430 +2.6% |
| 2009 | -- | $10,170 +5.9% |
| 2007 | -- | $9,600 +6.7% |
| 2005 | -- | $9,000 +12.6% |
| 2004 | $294 +9.9% | $7,990 +3.6% |
| 2003 | $268 +8.7% | $7,710 +6.1% |
| 2002 | $246 | $7,270 +6.4% |
| 2001 | -- | $6,830 +0.3% |
| 2000 | $216 | $6,810 |
Find assessor info on the county website
Neighborhood: 62040
Nearby homes
- $90,8003 bd1 ba1k sqft504 Margaret Ave, Granite City, IL 62040Off Market
- $91,2003 bd1 ba1.1k sqft516 Margaret Ave, Granite City, IL 62040Off Market
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- $108,5002 bd1 ba1.2k sqft330 Lenox Ave, Granite City, IL 62040Off Market
- $7,770-- bd-- ba-- sqftMargaret Ave, Granite city, IL 62040Off Market
- $47,5803 bd1 ba1.1k sqft520 Margaret Ave, Granite City, IL 62040Off Market
- $74,3002 bd1 ba784 sqft501 Margaret Ave, Granite City, IL 62040Off Market
- $83,6003 bd1 ba1.2k sqft515 Margaret Ave, Granite City, IL 62040Off Market
Nearby schools
GreatSchools rating
- 5/10Mitchell Elementary SchoolGrades: 3-4Distance: 0.3 mi
- 2/10Coolidge Middle SchoolGrades: 7-8Distance: 3.7 mi
- 2/10Granite City High SchoolGrades: 9-12Distance: 4 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
$68,400
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Estimated market value
$68,400
- Illinois
- Madison County
- Mitchell
- 62040
- 508 Margaret Ave
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