2447 E 24th St

Granite City, IL 62040

$145,000
Price
Beds
Baths
5,712 Sq. Ft.
$25 / Sq. Ft.
5,712
Sq. Ft.
$25
per Sq. Ft.

Description

Time to start your investment portfolio? Have some 1031X funds? Want to add 8 more doors? Here's an OPPORTUNITY to INCREASE monthly CASH FLOW. Listing consists of 1bd/1ba ground & upper units. Some w/ bonus areas. As of 3/15/25, 4 units are occupied. Renovations for the 5th/6th units needed. Numbers are estimates/may vary based on multiple factors. Selling AS IS & NO REPAIRS WILL BE MADE. Buyer responsible for municipal inspections. Inspections required for placement of current tenants were completed....Time to start your investment portfolio? Have some 1031X funds? Want to add 8 more doors? Here's an OPPORTUNITY to INCREASE monthly CASH FLOW. Listing consists of 1bd/1ba ground & upper units. Some w/ bonus areas. As of 3/15/25, 4 units are occupied. Renovations for the 5th/6th units needed. Numbers are estimates/may vary based on multiple factors. Selling AS IS & NO REPAIRS WILL BE MADE. Buyer responsible for municipal inspections. Inspections required for placement of current tenants were completed. Tenants pay electric. Seller pays w/s/t & lawn. Occupied units have refrigerator, stove & wall unit for heat. Some fixtures updated. Both sets of stairs to basement; upper landing & handrails have been rebuilt. Water heaters/supply lines updated. Coin operated laundry on site. Portfolio purchase. Includes this property -6 doors, & 2 SF Homes - MLS# 25016468 & 25016461. Ask your agent for rents. Price reflects the home’s value w/in the package deal, will require commercial financing.
  1. Listed by Julie Jones-Kloeckner • Keller Williams Marquee

Property Details for 2447 East 24th Street

Cross Street
Kate Street

Location

Listing Courtesy of Keller Williams Marquee
Add your commute
LISTING UPDATED: 04/23/2025 03:46 PM

Property Details for 2447 East 24th Street

StatusActive
MLS #24073670
Days on Market185
Taxes$3,198 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1930
Lot Size0.14 AC / 6,098 SF
CountyMadison County IL

Building Information for 2447 East 24th Street

Stories-Residences6Year Built1930Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$1,026 per month

30 year fixed, 6.845% Interest

Principal and Interest

$760

Property Taxes

$267

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2447 East 24th Street

Summary
Location and General Information
  • City: Granite City
  • County Or Parish: Madison-IL
  • Directions: GPS Friendly, corner of 24th street and Kate Street
  • Latitude: 38.704298
  • Longitude: -90.129687
  • Location: Corner Location
  • Postal Code: 62040
  • State Or Province: IL
  • Sub division Name: East Granite
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Prop Asses City Tax: 0
  • Parcel Number: 22-2-20-17-17-302-037
  • Tax Annual Amount: $3,198.00
  • Tax Legal Description: East Granite Add Lot 13 50 x 125
  • Tax Year: 2023
Owner
  • Township: Granite City
Parking
  • Attached Garage: No
  • Parking Features: On Street, Other, Unassigned
School Information
  • Elementary School: GRANITE CITY DIST 9
  • High School: Granite City
  • High School District: Granite City DIST 9
  • Middle Or Junior School: GRANITE CITY DIST 9
Property
Lot Information
  • Lot Size Acres: 0.14
  • Lot Size Dimensions: 50 x 125
  • Lot Size Source: County Records
  • Lot Size Square Feet: 6098.0
  • Lot Number: 13
  • Property Sub Type: Multi-Family 5+
  • Builder Model: Low/1-2
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 5712.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 3
  • Photos Count: 13
  • Videos Count: 0
  • Year Built: 1930
  • Disclosures: Unknown,Code Compliance Reqd,Occupancy Perm Req
  • Age: 94
  • Construction Materials: Other
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Electric
  • Cable Available: 1
  • Cooling: Other
  • Heating: None
  • Heating YN: Yes
  • Laundry Features: Coin Operated
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • One Bed Unit Baths: 1 Per Unit
  • One Bed Unit Includes: Refrigerator,Range/Oven
  • Bedroom number of Units: 6
  • TYPE: Apt Bldg/Interior En
  • Two Bed Unit Units: 0
  • Three Bed Unit Units: 0
Income & Expenses
  • Net Operating Income: $.00
  • Total Expenses: 0.00
Rental
Rent Information
  • Sub Lease: 0
  • Tenant Pays: Electricity

Property History for 2447 East 24th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2447 East 24th Street

Taxable ValueLand$5,400Additions$28,180Total$33,580
Tax Record2023$3,198 ($266 / month)
Home Facts
Total Finished SqFt5,664 SqFtAbove Grade Finished SqFt5,664 SqFtLot Size6,250 SqFtStyleMiscellaneous CommercialYear Built1930CountyMADISONAPN22-2-20-17-17-302-037

Schools near 2447 East 24th Street

This home is within Granite City Community Unit School District 9.
Rating
School
Type
Grades
Distance
Public - 5 to 12
Public - 9 to 12
Public - 7 to 8
Public - 1 to 2
Rating
School
Distance
Lake School
Public5 to 12

Granite City High School
Public9 to 12

Coolidge Middle School
Public7 to 8

Wilson Elementary School
Public1 to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2447 East 24th Street is a multi-family home for sale in Granite City, IL 62040. This property was listed for sale on November 29, 2024 by Keller Williams Marquee, it's currently listed at $145,000. It has been on the market for a total of 185 days and was last sold on June 8, 2022. This listing's school district is Granite City Community Unit School District 9. Nearby schools include Lake School, Granite City High School and Coolidge Middle School. 2447 East 24th Street is a 0-bed, 0-bath, 5,712 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Marquee

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/03/2025 08:55 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.