2701 Center St, Granite City, IL 62040

$7,000,000

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List Price
$7,000,000
Price Change
▲ $800,000 1768527617
Days on Market
315
MLS#
25063286
Status
ACTIVE UNDER CONTRACT
Lot Size
138,085
Acres
3.17
Year Built
1969
Subdivision
Hillmers Sub
County
Madison
Listing Type
Commercial

Property Description

Your opportunity to acquire a turnkey 64-unit income-producing multi-family portfolio in Granite City, Illinois. This property offers a diverse mix of 64 residential units, including: - One-bedroom / one-bathroom apartments – 24 Units (770 sq ft each unit) - Two-bedroom / one-bathroom apartments – 24 Units (900 sq ft each unit) - Two-bedroom / 1.5-bathroom townhomes – 16 Units (1050 sq ft each unit) - One single-family home – 1200 sq ft Property Highlights - Unit Mix Variety: Appeals to a wide tenant base. - Fully leased, delivering investors immediate income. - Parking & Access: Assigned parking for tenants plus additional visitor spaces ensure ease of use for residents and guests. -Onsite Laundry - 3 convenient coin-operated laundry facilities. - Security & Privacy: The community is fully enclosed with a privacy fence and secured through a gated main entry with a guard shack, providing peace of mind for residents. - Community Features: Multiple courtyard spaces / 2 blocks from Wilson Park, a 74-acre city park that has been in operation since 1921, serving as a cornerstone for community activities. Offering includes parcel numbers - 22-2-20-07-19-402-014 - Buildings 1&2 , 22-2-20-18-07-201-012 -2681 Center St., 22-2-20-18-07-201-009 - 2702 Center St. (Single Family), 22-2-20-07-19-402-013 - 2706-2734 Center St - WILL NOT DIVIDE

Additional Information

Appliances
Dishwasher, Microwave, Range, Refrigerator
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
1031 Exchange, Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Select Properties.

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