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Pending
  • $45,000

    2720 Iowa St, Granite City, IL 62040

    2beds
    3baths
    --sqft
    : 
    Multi Family
    Built in 1932
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Attention Investors & Renovation Enthusiasts! This multi-unit property offers incredible potential for those ready to roll up their sleeves. The front building is a two-story duplex featuring some 9’ ceilings, living/dining rooms, hardwood floors, and a full basement. The rear structure, formerly a garage, includes an efficiency unit above—buyers should conduct due diligence to determine its rental potential. All three 1-bed units will require extensive renovation to shine again. A new roof was installed on the main building in 2022, along with newer windows and concrete steps. The rear unit also boasts newer siding. With the right vision and effort, this could be a cash-flowing gem. If you're not afraid of a project, this is your chance to build sweat equity and long-term value!
    20 days
    on Zillow
    |
    267
    |
    23
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 09, 2025 at 08:13am

    Listing Provided by:

    Ranae Harris 618-973-0773,

    Re/Max Alliance

    Source: MARIS,MLS#: 25021247MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    Heating
    • Forced Air, Gas
    Cooling
    • None

    Property

    Parking
    • Parking features: Off Street, On Street
    • Has uncovered spaces: Yes
    • Details: Driveway: Concrete
    Lot
    • Size: 5,000.69 Square Feet
    • Dimensions: 40 x 125
    Details
    • Parcel number: 222201709104020
    • Special conditions: No Exemptions,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1932

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Granite City

    Financial & listing details

    • Tax assessed value: $38,820
    • Annual tax amount: $861
    • Date on market: 4/5/2025
    • Ownership: Owner by Contract
    • Tenant pays: Electricity, Gas
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