$90,000
SOLD FEB 20, 2025

2037 Delmar Ave Granite City, IL 62040

-- Bed
-- Bath
2,340 Sq Ft
6,251 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

28 Days on Market

Highlights

  • Brick or Stone Veneer Front Elevation
  • Baseboard Heating
  • 5-minute walk to It's Electric Neon Sign Park

About This Home

As of June 2025

BOM, NO FAULT OF SELLER, BUYER FINANCING FELL THRU...Looking for the perfect investment property? Look no further! All-brick quadplex is ideally located in Granite City, offering convenient access to major highways, shopping, restaurants, schools, parks, & the hospital. Public transportation is just moments away, making this a prime location for tenants. With 4 units to lease, this property offers a great cash flow opportunity, whether you choose to rent as traditional apartments, boarding house, or even convert it into lofts. Units feature tall ceilings and spacious rooms, adding to the overall appeal and versatility of the space. The 2 upper units include 3 bedrooms & 1 bathroom each, while the lower-level units offer 2 bedrooms and 1 bathroom. Off-street parking in the rear provides additional convenience. This property is being sold AS-IS, WHERE-IS, seller will make no repairs nor provide city occupancy.

Last Agent to Sell the Property

Monica Mahtani

Coldwell Banker Brown Realtors License #475.188382 Listed on: 12/16/2024

Coldwell Banker Brown Realtors

Last Buyer's Agent

Ashley Topper

Coldwell Banker Brown Realtors License #475.207577

Coldwell Banker Brown Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 1920

Parking

  • On-Street Parking

Home Design

  • 2,340 Sq Ft Home
  • Brick or Stone Veneer Front Elevation

Schools

  • Granite City Dist 9 Elementary And Middle School
  • Granite City High School

Additional Features

  • 6,251 Sq Ft Lot
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 22-2-20-18-17-302-038.001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,573

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.1435
  • Co List Office Phone: 2357992
  • Subdivision Name: n/a
  • Above Grade Finished Sq Ft: 2340
  • Age: 105
  • PropaneTank: None
  • Total Expenses: 0.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Shower Bath(s), Some Smoke Alarm(s), Some Storm Window(s), Washer/Dryer

Exterior Features

  • Disclosures: Unknown, Sellers Discl. Avail
  • Construction Type: Fl Brick/Stn Veneer

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street, Open
  • Driveway: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: GRANITE CITY DIST 9
  • Junior High Dist: Granite City DIST 9
  • High School: Granite City
  • Middle Or Junior School: GRANITE CITY DIST 9

Lot Info

  • Lot Dimensions: 0.1435 ac
  • Lot Size Sq Ft: 6251
  • Parcel Number: 22-2-20-18-17-302-038.001

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3573

Multi Family

  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Nair Solomon and Nair Amanda
Bought by
Tract Homes Llc Delmar Place

Purchase Details

Listed on
Nov 16, 2020
Closed on
Jan 6, 2021
Sold by
Fingerhut Matthew C
Bought by
Nair Solomon and Nair Amanda
Seller's Agent
Caleb Davis
Keller Williams Marquee
Buyer's Agent
Julie Sajich
Keller Williams Marquee
List Price
$90,000
Sold Price
$92,000
Premium/Discount to List
$2,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$69,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2010
Sold by
Claxton James L and Gall John
Bought by
Fingerhut Matthew C
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $92,000 Benchmark Title Co
Corporate Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $69,000 New Conventional
Previous Owner $136,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $180,000 +2.9% $225 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
03/20/2025 03/20/25 Price Changed $174,900 +9.4% $219 / Sq Ft
03/06/2025 03/06/25 For Sale $159,900 -11.2% $200 / Sq Ft
03/06/2025 03/06/25 Off Market $180,000 -- --
02/21/2025 02/21/25 Pending -- -- --
02/20/2025 02/20/25 Sold $90,000 0.0% $38 / Sq Ft
02/17/2025 02/17/25 For Sale $90,000 0.0% $38 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $90,000 0.0% $38 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
12/02/2024 12/02/24 Off Market $90,000 -- --
01/06/2021 01/06/21 Sold $92,000 +2.2% $115 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $90,000 -- $113 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,629 $37,530 $1,510 $36,020
2022 $3,574 $34,380 $1,380 $33,000
2021 $3,335 $32,240 $1,290 $30,950
2020 $3,257 $30,790 $1,230 $29,560
2019 $3,163 $29,190 $1,170 $28,020
2018 $3,088 $28,340 $1,140 $27,200
2017 $3,029 $29,390 $1,180 $28,210
2016 $3,089 $29,390 $1,180 $28,210
2015 $2,785 $29,390 $1,180 $28,210
2014 $2,785 $29,390 $1,180 $28,210
2013 $2,785 $29,390 $1,180 $28,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24073987

MARIS MLS

APN: 22-2-20-18-17-302-038.001