$79,900
 $429 est/mo Sourced by Back At You

1601 Olive Street,Granite City, IL 62040

Granite City, IL 62040

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Description

Motivated Seller! Investment opportunity. This 2-bedroom, 1-bath home is currently leased, offering immediate rental income. Features include a full basement, spacious full attic with potential for additional storage, a fenced backyard, large deck, and storage shed. Convenient layout with plenty of storage space throughout. Tenant rights apply. Great addition to an investment portfolio. Agent owned. Currently rented for $1100 a month.

Details

MLS #26039754
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1927
Days On Site76
Listing Provided ByElevate Illinois Realty | Julie Sajich

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet932
BasementY
Story(s)1
Acreage0.18

Interior

Rooms Total4
CoolingCentral Air
HeatingForced Air
Interior FeaturesEat-in Kitchen, Other

Exterior

RoofAsphalt
Construction MaterialsBrick, Vinyl Siding
Lot FeaturesBack Yard, Front Yard, Some Trees
FencingChain Link

Parking

Garage Yes / NoNo

Utilities

UtilitiesElectricity Available, Sewer Available, Water Available
ElectricAmeren
SewerPublic Sewer

Taxes

Property1400

Area Information

StateIL
CountyMadison
CityGranite City
Zip Code62040
Community NameFirst Add
School DistrictGranite City
Elementary SchoolGRANITE CITY DIST 9
High SchoolGranite City
Listing VS Median (in First Add)
Price:
$79,900
low | high
Med:
$157,450
47.058823529412% of Average
sqft:
932
low | high
Med:
1,567
18.1330472103% of Average
$ / sqft:
$86
low | high
Med:
$102
31.391248970379% of Average
On site:
76
low | high
Med:
20.5
100% of Average
Sourced by Back At You

Market Activity 62040

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 Listings courtesy of Maris MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of September 6, 2026 at 7:59:45 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateIL
CountyMadison
CityGranite City
Zip Code62040
Community NameFirst Add
School DistrictGranite City
Elementary SchoolGRANITE CITY DIST 9
High SchoolGranite City
Listing VS Median (in First Add)
Price:
$79,900
low | high
Med:
$157,450
47.058823529412% of Average
sqft:
932
low | high
Med:
1,567
18.1330472103% of Average
$ / sqft:
$86
low | high
Med:
$102
31.391248970379% of Average
On site:
76
low | high
Med:
20.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $59K - $99K
sqft: 699 - 1,000
Nearby Listings Property ImageNearby Listings Details
1745 Spruce Street Property Photo 1
$94,999
1745 Spruce Street
Granite City, IL 62040
Listing Updated: September 3, 2026 at 2:03:44 PM PDT