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2612 State Street Granite City, IL 62040
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Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10899795
Sold Date 03/14/19
Year Built 1969
Annual Tax Amount $8,930
Lot Size 0.430 Acres
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
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
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Bought with Kristi Glasgow • RE/MAX Alliance
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