2612 State, Granite City, IL 62040

$425,000
11,568
SqFt
Sold Price
$425,000
List Price
$475,000
Closing Date
Mar 14, 2019
Days on Market
155
MLS#
18070643
Status
CLOSED
Living Sq. Ft
11,568
Lot Size
18,731
Sq. Ft. Above
11,568
Acres
0.43
Year Built
1969
Age
50
Subdivision
Not in a Subdivision
County
Madison-IL
Listing Type
Multifamily

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. .

Additional Information

School District
Granite City DIST 9
Elementary School
GRANITE CITY DIST 9
Jr. High School
GRANITE CITY DIST 9
Sr. High School
Granite City
Construction
Brick Veneer Decrtv
Parking Description
Parking Lot
Cooling
None
Sewer
Public
Heating
Hot Water/Steam
Water
Public
Heat Source
Gas, Steam
Price Per Sq. Ft
36.74
Taxes Paid
8930
Selling Terms
Cash, Conventional

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Brown Realtors. Selling Office: .

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