$425,000
$475,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
2612 State ST Granite City, IL 62040
11,568 SqFt
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 11,568 sqft
Price per Sqft $36
Subdivision Not In A Subdivision
MLS Listing ID 18070643
Sold Date 03/14/19
Construction Status 50
Year Built 1969
Building Age 50
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 150 x 125
Property Description
This fully rented 20 Apartment complex is one block from Wilson Park. The 3 wings include 4 2 BR apt ($565-$575) 8 1 BR apt ($410-$450) 8 studio apt ($365-$375) each apartment has 100 amp service. The building upgrades include new rubber roofs on two of the three buildings, a newer roof on the third, new replacement windows in nine of the apartments, a new $7000 water heater, new flooring in many apartments and hardwood floors under carpet in many. The firewalls have been tuckpointed and sealed and a new backflow valve installed into the building from the sewer. The 2 BR apartments include 1 window AC unit. Each apt has a storage area in the basement. Washer and dryers in the basement provide income to the owner. Parking spots are provided behind the building. .
Location
State IL
County Madison-il
Area Other
Interior
Heating Hot Water
Cooling None
Fireplace N
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Construction Status 50
Schools
Elementary Schools Granite City Dist 9
Middle Schools Granite City Dist 9
High Schools Granite City
School District Granite City Dist 9
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None, Other
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Bought with Kristi Glasgow