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2200 Iowa Street, Granite City, IL, 62040

Coming Soon June 15th! Outstanding 6-unit brick investment property featuring six 1-bedroom, 1-bath apartments with living room, kitchen, laundry area, and bedroom. Several units have been updated. Three units currently occupied and three vacant for easy viewing. Newer roof, side parking, fenced front yard area, and a mix of central air and window units. Located directly across from a hospital, making it an ideal opportunity for long-term rentals or traveling nurse housing.

Subdivision: n/a

List Price

$ 295,000

Status

Active

Days on market

0

MLS#

26033841

Bedrooms

0

Full baths

0

Sq. Ft. Above

4,148

Subdivision

n/a

School District

Granite City DIST 9

County

Madison-IL

Property Type

Residential Income

Style

Apartment Style

Type

Residential Income

Additional Information

Property Tax (2024)

$3,171

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
Jun 10, 2026 at $300,000
Price reduced by $5,000 (1.7%)
From $300,000 to $295,000
Current status: Active
As of Jul 29, 2026 · $295,000

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