$150,000
UNDER CONTRACT $29K PRICE DROP

901 Niedringhaus Ave Granite City, IL 62040

Estimated payment $1,018/month

Total Views 12,822
3 Beds
3 Baths
4,480 Sq Ft
$33 Price per Sq Ft

Highlights

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • 1-minute walk to Lincoln Place Community Center

About This Home

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.

Listing Agent

Jayne Endres

RE/MAX Alliance License #475184095 Listed on: 04/08/2025

RE/MAX Alliance

Co-Listing Agent

Mark Roberts

RE/MAX Alliance License #475.208136

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 0.41 Acre Lot

Home Design

  • 4,480 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Schools

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

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 22-2-19-24-05-103-046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,423

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Olive
  • Year Built: 1925
  • Property Sub-Type: 2-4 Units
  • Lot Size Acres: 0.41
  • Co List Office Mls Id: MISRALL09
  • Co List Office Phone: -6352900
  • Co List Office Phone: 618-3452111
  • MLS Status: Active Under Contract
  • Subdivision Name: N/A
  • Above Grade Finished Sq Ft: 4480
  • Architectural Style: Other
  • Carport Y N: No
  • New Construction: No
  • ResoPropertyCondition: Updated/Remodeled
  • MIS_AboveGradeFinishedAreaSrchSqFt: 4480.00
  • MIS_PoolYN: 0
  • MIS_UnitCount: 3
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Disclosures: Unknown, Flood Plain No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric, Multi Units
  • Heating: Forced Air, Natural Gas
  • 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
  • Lot Size Sq Ft: 17860
  • ResoLotSizeUnits: Acres
  • Parcel Number: 22-2-19-24-05-103-046

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2423

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

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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

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 $2,461 $28,240 $4,670 $23,570
2023 $2,461 $25,450 $4,210 $21,240
2022 $2,424 $23,320 $3,860 $19,460
2021 $2,262 $21,870 $3,620 $18,250
2020 $2,210 $20,890 $3,460 $17,430
2019 $1,496 $19,800 $3,280 $16,520
2018 $1,440 $19,220 $3,180 $16,040
2017 $879 $19,930 $3,300 $16,630
2016 $938 $19,930 $3,300 $16,630
2015 $846 $19,930 $3,300 $16,630
2014 $846 $19,930 $3,300 $16,630
2013 $846 $19,930 $3,300 $16,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $150,000 -3.2% $33 / Sq Ft
07/08/2025 07/08/25 Price Changed $155,000 -3.1% $35 / Sq Ft
06/03/2025 06/03/25 Price Changed $160,000 -8.6% $36 / Sq Ft
04/30/2025 04/30/25 Price Changed $175,000 -2.2% $39 / Sq Ft
04/08/2025 04/08/25 Price Changed $179,000 0.0% $40 / Sq Ft
04/08/2025 04/08/25 For Sale $179,000 -5.3% $40 / Sq Ft
04/08/2025 04/08/25 Off Market $189,000 -- --
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Pontoon Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Source: Public Records

Source: MARIS MLS

MLS Number: MIS25021723

MARIS MLS

APN: 22-2-19-24-05-103-046