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2450 Iowa Street

Granite City, IL 62040

– beds
– baths
1,034 sqft
5,001 sqft lot
$91 per sqft
1921 build
– on site

Calling All Investors! Here's your chance to secure a solid investment with immediate income and future growth potential. This brick duplex comes with an adjoining lot (parcel #22-2-20-18-16-405-048) offering a combined total of approximately 10,000 square feet of land. Each unit is currently occupied, providing steady cash flow, and with one tenant moving soon, there's a golden opportunity to renovate and increase rental income. Whether you're thinking of upgrading the existing unit or exploring creative ways to maximize the lot like adding a tiny home or accessory dwelling unit. This property offers flexibility and long-term value. Conveniently located and full of potential, it's a smart addition to any investor's portfolio.

Listing courtesy of MARIS / Coldwell Banker Brown Realtors

Last checked: Checking… • Last updated May 16, 2025 •

MLS# 25033400 —

The Building

Year Built:

1921
Number Of Buildings:

1
New Construction:

false
Construction Materials:

Brick
Architectural Style:

Bungalow
Unit Count:

2
Number Of Units Total:

2
Roof:

Shingle
Foundation Details:

Brick/Mortar
Exterior Features:

None
Window Features:

Stained Glass
Patio And Porch Features:

Deck, Front Porch, Rear Porch
Basement:

Full, Storage Space, Unfinished
Basement:

true
Above Grade Finished Area:

1,034 Sqft

Interior

Levels:

Two and a Half
Fireplace:

false
Fireplace Features:

None
Living Area Source:

Public Records
Living Area:

1034

Financial & Terms

Possession:

Close Of Escrow
Ownership Type:

Private
Listing Terms:

Cash, Conventional
Lease Considered:

true

Location

Longitude:

-90.136413
Latitude:

38.705988

The Property

Property Condition:

Updated/Remodeled
Property Sub Type:

Multi Family
Property Type:

Residential Income
Parcel Number:

22-2-20-18-15-405-031
Lot Features:

Cleared, Level, Undeveloped
Lot Size Acres:

0.1148
Lot Size Source:

Public Records
Waterfront:

false
Other Equipment:

None
Other Structures:

None
Road Surface Type:

Concrete
Structure Type:

Duplex, Multi-Family

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$2,372

Heating & Cooling

Cooling:

Central Air, Electric
Heating:

Forced Air

Utilities

Utilities:

Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Water Source:

Public

Appliances

Appliances:

Refrigerator

Schools

Elementary School:

Granite City Dist 9
Middle School:

Granite City Dist 9
High School:

Granite City
High School District:

Granite City Dist 9

The Community

Community Features:

Curbs, Park, Restaurant, Sidewalks, Street Lights, Trail(s)
Subdivision Name:

Inglesyde Add
Number Of Units In Community:

1
Association:

false
Senior Community:

false
Pool Private:

false
Pool:

No

Parking

Parking Features:

Concrete, Driveway
Garage:

false
Attached Garage:

false
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/16/25 May 16, 2025	Listed / Active	MARIS	$95,000

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This multifamily located in Granite City, IL 62040 is currently for sale for $95,000. 2450 Iowa Street is a 1,034 square foot multifamily with – beds and – baths that has been on Estately for 4 days. This multifamily is in the attendance area of Granite City High School.

Listing Courtesy of: MARIS and Coldwell Banker Brown Realtors.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Information from Third Parties, Deemed Reliable but Not Verified.