38.709316 -90.13378

2610 Madison Avenue GRANITE CITY, IL 62040

289648621 38.709316 -90.13378 143 /listing/289648621-150017042/2610-madison-avenue-granite-city-il-62040 False 0 200000.0 105 21011990 False
  • $200,000
  • 80 x 120 lot
  • Est payment $1073.64/mo

Property & Neighborhood Info

Courtesy Of RE/MAX Alliance

Multi Family in Granite City

GREAT INCOME POTENTIAL ON THESE 12 UNITS. TWO BUILDINGS 2610 - 2612 MADISON AVE. ONE BUILDING HAS 8 UNITS AND ONE BUILDING HAS 4 UNITS. FULLY LEASED. EIGHT UNIT ARE 1 BEDROOM WITH BASEMENT AND COIN OPERATED LAUNDRY. SELLER PAYS GAS, WATER, SEWER AND TRASH. FOUR UNIT ARE TWO BEDROOMS ON A CRAWL. SELLER PAYS WATER, SEWER AND TRASH. MOST UNITS HAVE SELLER OWNED RANGE AND REFRIGERATORS. MANY UNITS HAVE BEEN UPDATED WITH PAINT AND FLOORING. MANY UNITS HAVE NEWER WINDOWS WITHIN LAST 3 YEARS. ALL UNITS ARE CURRENTLY OCCUPIED. MOST WITH A LEASE BUT SEVERAL LONG TERM RENTERS ARE NOT. PRE APPROVED BUYERS ONLY FOR SHOWINGS. SOLD AS IS. ADDITIONAL PARCEL 22-2-20-18-16-402-001. BUYER TO VERIFY ALL INFORMATION PROVIDED AS IT IS GATHERED FROM VARIOUS SOURCES.

Courtesy Of RE/MAX Alliance
  1. 80 x 120 Lot

Main Features

  • Listing Status: For Sale Under Contract
  • Year Built: 1962
  • School District: GRANITE CITY DIST 9
  • School District2: GRANITE CITY DIST 9
  • School District3: Granite City
  • School District: Granite City DIST 9
  • County: MADISON
  • Taxes: $9,197.00
  • Tax Year: 2019
  • Units: 12
  • Subdivision: Inglesyde Iii Add
  • MLS Number:21011990

Additional Features

  • Cooling:
    • NONE
  • Disclosures:
    • Occupancy Perm Req
    • Sellers Discl Not Av
  • Waterheater:
    • Gas
  • Laundry:
    • Coin Operated
    • No Laundry Facil.
  • Construction:
    • Brick/Stone Msn Pred
  • Garage Type:
    • On Street Parking
  • Location:
    • City
  • Property Type:
    • Multi-Family 5+
  • Heating:
    • Forced Air
    • Gas
  • Sewer:
    • Public
  • Special Features:
    • No Exemptions
  • Water:
    • Public
  • Contingency Type:
    • Subj. to Clos-Buyer
  • Gross Income:
    • 66000.00
  • Net Operating Income:
    • 46011.00
  • Rental Type:
    • Leases
  • Sale Includes:
    • Building & Land
  • Sale Terms:
    • Cash
    • Conventional
  • Special Listing Condition:
    • None
  • Transaction Type:
    • Sale
  • Annual Expenses:
    • 19989.00
  • Special Conditions:
    • Unknown
  • Tenant Pays:
    • Electric
    • Other
  • Ownership:
    • Private
  • Possession:
    • At Closing
  • Possible Buyer Fees YN:
    • No
  • Tax ID:
    • 22-2-20-18-16-402-001.001
  • Total Acres:
    • 0.1100
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
STAN GULA
STAN GULA
Broker Associate/Agent
543 Ferguson Ave. Wood River IL 62095
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38.709316 -90.13378

2610 Madison Avenue GRANITE CITY, IL 62040

289648621 38.709316 -90.13378 143 /listing/289648621-150017042/2610-madison-avenue-granite-city-il-62040 False 0 200000.0 105 21011990 False
  • $200,000
  • 80 x 120 lot
  • Est payment $1073.64/mo