33
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$175,000
Est. payment /mo
4,480 SqFt
Active
901 Niedringhaus AVE Granite City, IL 62040
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Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,480 sqft
Price per Sqft $39
MLS Listing ID MIS25021723
Year Built 1925
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type 2-4 Units
Property Description
A remarkable investment opportunity, with room to grow and a high traffic location. Sale includes main building, garage, side lot 905 Niedringhaus and lot across the street 849 Neidringhaus. The building contains 3 rented apartments upstairs. (1 One bedroom, 2 efficiencies) The main floor has 2 rental units that can be used in current state of bar and retail or converted to apartments. Off the bar is a large all seasons room and deck. A shed in the fenced side yard is also great for more storage. Each unit has it's own metered utilities except the heat in 1 bedroom apartment. Behind the building is an oversized 2 car garage that could be rented, used as a workshop or storage. The property already has rental income and with the right improvements more income can be added. The property sits on a corner lot near America Steel, Prairie Farms plant, and the America's Central Port.
Location
State IL
County Madison
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric, Multi Units
Fireplace N
Appliance Gas Water Heater
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Schools
Elementary Schools Granite City Dist 9
Middle Schools Granite City Dist 9
High Schools Granite City
School District Granite City Dist 9
Others
Special Listing Condition Standard
Listed by RE/MAX Alliance