2829 Warren Ave

Granite City, IL 62040

$270,000
Last Sold Price
—
Beds
—
Baths
3,150 Sq. Ft.
$86 / Sq. Ft.
3,150
Sq. Ft.
$86
per Sq. Ft.

Description

Investors, take note! This Fully renovated, fully occupied, with a brand new roof 6-unit multiplex, located in a highly sought-after area of town, offers an exceptional opportunity for steady rental income. Each unit is thoughtfully designed with 1 bedroom, functional layouts, and modern upgrades, ensuring long-term tenant appeal. The property is situated just minutes from popular shops, restaurants, public transit, and major roadways, providing unbeatable convenience for residents. Each unit comes...Investors, take note! This Fully renovated, fully occupied, with a brand new roof 6-unit multiplex, located in a highly sought-after area of town, offers an exceptional opportunity for steady rental income. Each unit is thoughtfully designed with 1 bedroom, functional layouts, and modern upgrades, ensuring long-term tenant appeal. The property is situated just minutes from popular shops, restaurants, public transit, and major roadways, providing unbeatable convenience for residents. Each unit comes with separate utilities, maximizing your investment potential. On-site parking and a shared outdoor space add to the property's value. With high demand for rentals in this location, this multiplex is a must-see for any savvy investor!
  1. Listed by Caleb Davis • Keller Williams Marquee

Amenities

  • Forced Air
  • On-site Parking
  • Street Parking
  • Window AC Installed

Location

Listing Courtesy of Keller Williams Marquee

Sold By Re/Max Alliance

Add your commute
LISTING UPDATED: 03/24/2025 11:28 AM

Property Details for 2829 Warren Avenue

StatusClosed
MLS #24059158
Days on Market90
Taxes$5,002 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1975
Lot Size0.22 AC / 9,374 SF
CountyMadison County IL

Building Information for 2829 Warren Avenue

Stories-Residences6Year Built1975Building Size-Lot Size0.22 AC / 9,374 SF

Payment Calculator

$1,831 per month

30 year fixed, 6.845% Interest

Principal and Interest

$1,415

Property Taxes

$417

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2829 Warren Avenue

Summary
Location and General Information
  • City: Granite City
  • County Or Parish: Madison-IL
  • Latitude: 38.713016
  • Longitude: -90.118281
  • Location: Suburban
  • Postal Code: 62040
  • State Or Province: IL
  • Sub division Name: Community Heights Add
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 22-2-20-17-11-207-039
  • Tax Annual Amount: $5,002.00
  • Tax Legal Description: COMMUNITY HEIGHTS LOT 18 & 19 75 X 125
  • Tax Year: 2023
Owner
  • Township: Granite City
Parking
  • Attached Garage: No
  • Parking Features: On Street
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: 0.2152
  • Lot Size Dimensions: 0.2152 AC
  • Lot Size Source: County Records
  • Lot Size Square Feet: 9374.0
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 3150.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 3
  • Photos Count: 11
  • Videos Count: 0
  • Year Built: 1975
  • Disclosures: Unknown,Sellers Discl. Avail
  • Age: 50
  • Construction Materials: Fl Brick/Stn Veneer
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • One Bed Unit Rent: 650
  • Bedroom number of Units: 5
  • TYPE: Apartment Complex
Income & Expenses
  • Net Operating Income: $30,039.12
  • Total Expenses: 17060.88
Rental
Rent Information
  • Lease Term: Leases
  • Efficiency Rent: 3925
  • Tenant Pays: All Utilities
  • Efficiency Baths: 1 Full
  • Efficiency Units: 6

Property History for 2829 Warren Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2829 Warren Avenue

Taxable ValueLand$8,100Additions$44,430Total$52,530
Tax Record2023$5,002 ($417 / month)
Home Facts
Total Finished SqFt2,160 SqFtAbove Grade Finished SqFt2,160 SqFtLot Size9,375 SqFtStyleMiscellaneous CommercialYear Built1975CountyMADISONAPN22-2-20-17-11-207-039

Schools near 2829 Warren Avenue

This home is within Granite City Community Unit School District 9.
Rating
School
Type
Grades
Distance
Public - 1 to 2
Public - 7 to 8
Public - 9 to 12
Public - 5 to 12
Rating
School
Distance
Wilson Elementary School
Public1 to 2

Coolidge Middle School
Public7 to 8

Granite City High School
Public9 to 12

Lake School
Public5 to 12

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.

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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 09:08 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.