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2328 E 24th Street, Granite City, IL, 62040

Turnkey investment opportunity with established cash flow! This 2-bedroom home is occupied by a long-term tenant currently paying $735 per month. The property includes a full basement and offers additional value-add potential. Whether you're a seasoned investor or looking to begin building your portfolio, this income-producing property deserves a look. Ask your agent for details regarding a potential multi-property package opportunity. AS IS buyer responsible for all city inspections/repairs

Subdivision: Morriss Add

List Price

$ 69,900

Status

Active

Days on market

0

MLS#

26034213

Bedrooms

2

Full baths

1

Sq. Ft. Above

1,248

Subdivision

Morriss Add

School District

Granite City DIST 9

County

Madison-IL

Property Type

Residential

Style

Traditional

Type

Residential

Additional Information

Property Tax (2024)

$1,372

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 $79,900
Price reduced by $10,000 (12.5%)
From $79,900 to $69,900
Current status: Active
As of Aug 13, 2026 · $69,900

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