NOT LISTED FOR SALE

2449 Cleveland Blvd Granite City, IL 62040

Estimated Value: $146,000 - $163,000

-- Bed
4 Baths
4,136 Sq Ft
$38/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $100,000 $24 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,149/month

140 Days on Market

About This Home

As of January 2021

Fantastic cash flowing 4 unit 2 bed room apartment building. Additional covered parking in rear coin laundry and storage in the basement! 2449 and 2453 are sold together
Agent interest

Last Agent to Sell the Property

Caleb Davis

Keller Williams Marquee License #475.183443 Listed on: 07/06/2020

Keller Williams Marquee

Last Buyer's Agent

Caleb Davis

Keller Williams Marquee License #475.183443 Listed on: 07/06/2020

Keller Williams Marquee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,951

Year Built

  • Built in 1924

Lot Details

  • 6,273 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Home Design

  • 4,136 Sq Ft Home
  • Quadruplex
  • Brick or Stone Mason

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 22-2-20-18-10-105-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,951

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family 2-4
  • Municipality Township: Granite City
  • Special Description: No Exemptions
  • Age: 97
  • Ownership: Private
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Basement
  • Square Footage: 4136

Exterior Features

  • Construction: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Off Street, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: GRANITE CITY DIST 9
  • Junior High School: GRANITE CITY DIST 9
  • School District: Granite City DIST 9
  • Senior High School: Granite City

Lot Info

  • Lot Dimensions: 50 x 125
  • Lot Sq Ft: 6273
  • Acres: 0.1440

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Operating Income: 33600.00
  • Units: 4
  • Type Of Units: 4-Family

Tax Info

  • Taxes Paid: 4800
  • Assessor Parcel Number: 22-2-20-18-10-105-024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Jan 21, 2021
Sold by
Davis Rusty G and Davis Theresa J
Bought by
Gruelle Morgan
Seller's Agent
Caleb Davis
Keller Williams Marquee
Buyer's Agent
Caleb Davis
Keller Williams Marquee
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$155,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,612
Avg. Annual Appreciation
9.71%
Original Mortgage
$75,000
Outstanding Balance
$66,808
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$88,804
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 Buyer Sale Price Title Company
Gruelle Morgan $100,000 Benchmark Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruelle Morgan $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold $100,000 0.0% $24 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $100,000 0.0% $24 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $100,000 -- $24 / 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 $3,951 $45,330 $3,710 $41,620
2023 $3,951 $40,850 $3,340 $37,510
2022 $3,890 $37,430 $3,060 $34,370
2021 $3,631 $35,100 $2,870 $32,230
2020 $5,065 $47,880 $2,740 $45,140
2019 $4,919 $45,390 $2,600 $42,790
2018 $4,800 $44,060 $2,520 $41,540
2017 $4,709 $45,690 $2,610 $43,080
2016 $4,802 $45,690 $2,610 $43,080
2015 $4,330 $45,690 $2,610 $43,080
2014 $4,330 $45,690 $2,610 $43,080
2013 $4,330 $45,690 $2,610 $43,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20045566

MARIS MLS

APN: 22-2-20-18-10-105-024