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508 Margaret Avenue, Granite City, IL, 62040

This property may qualify for a 5k grant from multiply lenders. Ask your favorite agent to check out this program for you. Ranch style home in Mitchell, many updates, great starter or down size home. Owner has installed in 2023 new shower enclosure new toilet and new vanity. Then installed 6ft wooden privacy fence around back. Built in corner china cabinet, main level laundry/ electric dryer, 6x10 shed. Don't miss this one!

Subdivision: Brooks Sub

List Price

$ 69,900

Status

Hold

Days on market

614

MLS#

24078868

Bedrooms

2

Full baths

1

Sq. Ft. Above

900

Subdivision

Brooks Sub

School District

Granite City DIST 9

County

Madison-IL

Property Type

Residential

Style

Contemporary,A-Frame

Style Description

A-Frame

Transaction Type

Sale

Type

Residential

Age

88

Additional Information

Property Tax (2023)

$778

Recent Nearby Sales in 62040

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
2921 Dogwood Drive, Granite City, IL 62040 2/1 1,384 $130,000 $137,000
105.4% of ask
Sep 4, 2026
2029 Lindell Boulevard, Granite City, IL 62040 2/1 1,475 $150,000 $150,000
100% of ask
Sep 4, 2026
143 Catalpa Drive, Unincorporated, IL 62040 5/3 2,012 $285,000 $280,000
98.2% of ask
Sep 3, 2026
4713 Warnock Avenue, Granite City, IL 62040 2/1 840 $130,000 $130,000
100% of ask
Sep 3, 2026
190 Sandy Shore Dr, Granite City, IL 62040 3/2 1,118 $215,000 $210,000
97.7% of ask
Sep 1, 2026
1921 Saint Clair Avenue, Granite City, IL 62040 3/1 1,035 $125,000 $125,000
100% of ask
Sep 1, 2026

Price & Listing History

Listed for sale
Dec 31, 2024 at $74,900
Price reduced by $5,000 (6.7%)
From $74,900 to $69,900
Current status: Hold
As of Oct 12, 2025 · $69,900

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Room Dimensions

Room Type

Living Room

Room Dimensions

13 x 19

Kitchen

12 x 15

Primary Bedroom

9 x 11

Bedroom

9 x 11

Bathroom

4 x 9

Laundry

4 x 2