$100,000
SOLD AUG 28, 2025

2447 E 24th St Granite City, IL 62040

6 Beds
6 Baths
5,712 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

33% Below List Price

235 Days on Market

About This Home

As of August 2025

Time to start your investment portfolio? Have some 1031X funds? Want to add 6 doors? Here's an OPPORTUNITY to INCREASE monthly CASH FLOW. Listing consists of 1bd/1ba ground & upper units. Some w/ bonus areas. As of 7/9/25, 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. The property may require commercial financing.

Last Agent to Sell the Property

Julie Jones-Kloeckner

Cole Jones Group with Elevate Illinois Realty License #471-019646 Listed on: 11/29/2024

Last Buyer's Agent

Christina Schmitz

RE/MAX Alliance License #475159440

RE/MAX Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,198

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Home Design

  • 5,712 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • On-Street Parking
  • Unassigned Parking

Schools

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

Utilities

  • Central Heating
  • Electric Water Heater

Community Details

  • 6 Units
  • Low-Rise Condominium

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 22-2-20-17-17-302-037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,198

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Kate Street
  • Year Built: 1930
  • Directions: GPS Friendly, corner of 24th street and Kate Street
  • Property Sub-Type: 5 Family or More
  • ResoLaundryFeatures: Other
  • Lot Size Acres: 0.14
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 618-6910547
  • Outside Inclusions: Building,Land
  • MLS Status: Closed
  • Subdivision Name: East Granite
  • Above Grade Finished Sq Ft: 5712
  • Architectural Style: Low/1-2
  • Carport Y N: No
  • New Construction: No
  • MIS_AboveGradeFinishedAreaSrchSqFt: 5712.00
  • PreviousStatus: Active Under Contract
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_PoolYN: 0
  • MIS_UnitCount: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other, Electric Water Heater
  • Basement YN: No
  • Total Bedrooms: 6
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Disclosures: Unknown, Code Compliance Required, Occupancy Permit Required
  • Construction Type: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street, Unassigned

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Electric
  • 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: 50 x 125
  • Lot Size Sq Ft: 6098
  • ResoLotSizeUnits: Acres
  • Parcel Number: 22-2-20-17-17-302-037

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3198

Multi Family

  • Number Of Units Total: 6
  • Number Of Units Furnished: None

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2025 08/28/25 Sold $100,000 -23.1% $18 / Sq Ft
06/16/2025 06/16/25 Price Changed $130,000 -10.3% $23 / Sq Ft
04/23/2025 04/23/25 Price Changed $145,000 -3.3% $25 / Sq Ft
11/29/2024 11/29/24 For Sale $150,000 +50.0% $26 / Sq Ft
11/27/2024 11/27/24 Off Market $100,000 -- --
06/08/2022 06/08/22 Sold $100,000 -20.0% $18 / Sq Ft View Prior Sale
05/02/2022 05/02/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $125,000 -- $22 / 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
2024 $3,247 $37,260 $5,990 $31,270
2023 $3,247 $33,580 $5,400 $28,180
2022 $3,198 $30,770 $4,950 $25,820
2021 $2,984 $28,850 $4,640 $24,210
2020 $2,914 $27,550 $4,430 $23,120
2019 $2,830 $26,110 $4,200 $21,910
2018 $2,762 $25,350 $4,080 $21,270
2017 $2,710 $26,290 $4,230 $22,060
2016 $2,763 $26,290 $4,230 $22,060
2015 $2,491 $26,290 $4,230 $22,060
2014 $2,491 $26,290 $4,230 $22,060
2013 $2,491 $26,290 $4,230 $22,060
Source: Public Records

Agents Affiliated with this Home

  • Julie Jones-Kloeckner

    Seller's Agent in 2025

    Julie Jones-Kloeckner

    Cole Jones Group with Elevate Illinois Realty

    (314) 258-1296

    47 in this area

    427 Total Sales

    Julie Jones-Kloeckner
    Section Image
  • Christina Schmitz

    Buyer's Agent in 2025

    Christina Schmitz

    RE/MAX

    (618) 797-8717

    7 in this area

    159 Total Sales

    Christina Schmitz
    Section Image
  • Louie McCoy

    Seller's Agent in 2022

    Louie McCoy

    Keller Williams Marquee

    (618) 971-7500

    22 in this area

    66 Total Sales

    Louie McCoy
    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS24073670

MARIS MLS
Illinois Madison County Granite City 62040

2447 E 24th St, Granite City, IL

Sold

MultiFamily

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