Granite City, IL Commercial Property for Sale
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$6,200,000
2701 Center Street
Granite City, IL 62040
MLS# 25063286
Status: Active
Listed: September 16, 2025
$6,200,000
MLS# 25063286
Active
Your opportunity to acquire a turnkey 64-unit income-producing multi-family portfolio in Granite City, Illinois.
This property offers a diverse mix of 64 residential units, including:
- One-bedroom / one-bathroom apartments – 24 Units (770 sq ft each unit)
- Two-bedroom / one-bathroom apartments – 24 Units (900 sq ft each unit)
- Two-bedroom / 1.5-bathroom townhomes – 16 Units (1050 sq ft each unit)
- One single-family home – 1200 sq ft
Property Highlights
- Unit Mix Variety: Appeals to a wide tenant base.
- Fully leased, delivering investors immediate income.
- Strong Cap Rate: At an impressive 8.29% cap rate, this asset offers competitive returns.
- Parking & Access: Assigned parking for tenants plus additional visitor spaces ensure ease of use for residents and guests.
-Onsite Laundry - 3 convenient coin-operated laundry facilities.
- Security & Privacy: The community is fully enclosed with a privacy fence and secured through a gated main entry with a guard shack, providing peace of mind for residents.
- Community Features: Multiple courtyard spaces / 2 blocks from Wilson Park, a 74-acre city park that has been in operation since 1921, serving as a cornerstone for community activities.
Offering includes parcel numbers - 22-2-20-07-19-402-014 - Buildings 1&2 , 22-2-20-18-07-201-012 -2681 Center St., 22-2-20-18-07-201-009 - 2702 Center St. (Single Family), 22-2-20-07-19-402-013 - 2706-2734 Center St - WILL NOT DIVIDE Brokered by Berkshire Hathaway HomeServices Select Properties
$1,400,000
2450 Pontoon Road
Granite City, IL 62040
MLS# 25028815
Status: Under Contract
Listed: May 10, 2025
$1,400,000
MLS# 25028815
Under Contract
Unlimited possibility w/this commercial building thats approx 10,800 total Sq ft & 4.03 +/- acres! Located on a very high traffic street close to highway access. Traffic count is an average of 7950 daily! Some exterior features include: 128 parking spaces, carport, enclosed fenced in area for playground, softball field, large storage shed, covered entries! Interior features include: entry foyer/fellowship, large auditorium, 700 gallon baptistry, admin office & pastors office suite, elevator lift, nursery area, sound booth area, 3 misc rooms along w/ a large room with half bath & even larger reception area room, kitchen & cafeteria, 2 nice sized restrooms w/multiple stalls. Mulitiple storage areas too! Lots of multiple use ideas including but not limited to- shelter, business, church, retail, commercial...the list goes on! All HVAC new in 2020,new paint, flooring & upgraded electrical 2020. More cosmetic & upgrades through out main & lower-2020. New roof coming 2025! Buyer to independently verify any info. Brokered by RE/MAX Alliance
$1,125,000
3601 Cargill Road
Granite City, IL 62040
MLS# 25021645
Status: Active
Listed:
$1,125,000
MLS# 25021645
Active
Excellent commercial development opportunity within this 56 acres of contiguous land currently zoned C-6. This parcel has access from numerous points and is located within just a short distance from Interstates 270 and 255. Southern Railway has a rail adjoining the west side of this property as well. There are possibilities for re-zoning in addition to the options for residential development. Location: Other Brokered by Tarrant and Harman Real Estate and Auction Co
$1,200,000
$790,000
464 W Pontoon Road
Granite City, IL 62040
MLS# 25029911
Status: Under Contract
Listed: May 8, 2025
$1,200,000
$790,000
MLS# 25029911
Under Contract
Unlock the passive income-generating potential of this 19.97-acre industrial gem—just 2.5 miles from I-270 & highly visible to 15,400 vehicles daily on Route 3. Zoned M-1 for light manufacturing, this flat, fully serviced site is a prime candidate for an expanded self-storage operation. Already equipped with a 5-acre gravel lot perfect for truck, trailer, and RV storage, the property is currently used for modest self-storage, bringing in $1,285/month in rent—without any marketing or signage. Imagine the returns with even modest promotion, signage facing Route 3, and the addition of fixed storage units. All major utilities in place—including water (Illinois American Water), sewer (Metro East Sanitary), & power and gas (Ameren Illinois)—this site is plug-and-play for investors looking to scale. Formerly used for trucking storage and repair, it’s ideally suited for continued vehicle storage, contractor yards, or a high-demand self-storage complex w/ outdoor and climate-controlled options. Location: High Traffic Brokered by Real Broker LLC
$500,000
1313 21st St.
Granite City, IL 62040
MLS# 25079024
Status: Active
Listed: December 1, 2025
$500,000
MLS# 25079024
Active
Exceptional opportunity to own a well-maintained non profit/institutional building offering versatile space suitable for community services, educational programs, administration offices or outreach operations. This property features a flexible floor plan with multiple meeting rooms, rec room, full kitchen and twelve bedrooms and six and a half baths. New flooring and fresh paint throughout. The building has recently been updated on electric, plumbing, hvac and newly paved parking lot. The work has been done and this one is ready to go for needs. Currently zoned Education development talk with building and zoning for any special use permits. Age built is an estimate. Buyer to verify all information provided as it is gathered from various sources. Brokered by RE/MAX Alliance
$299,000
3009 Nameoki Road
Granite City, IL 62040
MLS# 25052733
Status: Active
Listed: August 4, 2025
$299,000
MLS# 25052733
Active
Mixed Use Investment Opportunity on one of Granite City's highest traffic count roads. This unique investment opportunity has approximately 2400sf of office/retail/commercial space, an updated 790sf 2 bedroom apartment upstairs and approximately 650sf of warehouse/storage space in the basement. Potential income based off approximately $750-900/mo for upstairs apartment and commercial space leased at $6sf. Commercial space includes several rooms/offices that may be seperated into 2 or 3 leasable spaces as well as a large storage basement under 1/2 the building. Brokered by Hartmann Realtors, Inc
$225,000
2100 State Street
Granite City, IL 62040
MLS# 25075262
Status: Active
Listed: November 14, 2025
$225,000
MLS# 25075262
Active
Exceptional opportunity to own a well-maintained commercial property in the heart of Granite City. Built and owned solely by Juneau Associates, Inc., P.C. since 1969, this solid, quality-constructed building has been cared for with pride and is in excellent condition. The property includes three parcels—22-2-20-18-17-305-001, 22-2-20-18-17-305-002, and 22-2-20-18-17-305-003—and offers approximately 4,000 sq ft of flexible space, ideal for professional offices, service businesses, or redevelopment within the C-4 Central Business Commercial District.The site provides 36 off-street parking spaces (18 on blacktop and 18 on concrete), a detached concrete-block two-car garage, and an enclosed fenced area with a wooden shed for additional storage or utility use. Thoughtful planning includes a green-space buffer adjoining residential lots for privacy and visual appeal. Located within the Southwestern Madison County Enterprise Zone, the property may qualify for local business incentives. Additional updates include a new A/C unit installed in June 2024 (Permit #2024222056). Property corners will be surveyed and visibly marked prior to closing.
Sold As-Is, this property combines long-term integrity, generous parking, and excellent zoning versatility—ready for its next owner’s vision. Brokered by Century 21 Bailey & Company
$239,900
$224,900
4917 Maryville Road
Granite City, IL 62040
MLS# 25061994
Status: Active
Listed: September 12, 2025
$239,900
$224,900
MLS# 25061994
Active
Looking for the ideal space to launch or grow your business? Look no further! This beautifully constructed office/retail building offers prime visibility and convenience—perfectly positioned next to Southwestern Illinois College, just one block from Highway 203, and under a mile from I-270. With both high-traffic exposure and direct highway/interstate frontage, your business is set to thrive. Built with quality in mind, the exterior features durable brick walls and striking floor-to-ceiling windows. A Da Vinci composite roof, backed by a 50-year limited warranty, adds lasting value and peace of mind. Inside, the layout is both functional and flexible, offering private office spaces alongside open areas that can be tailored to suit a variety of business needs. The building includes 300-amp electrical service, two restrooms, and a break area for staff comfort and convenience. Situated on nearly an acre, the property also offers 18 dedicated parking spaces and an additional storage shed at the rear—perfect for inventory, equipment, or extra supplies. This versatile space is ideal for a wide range of businesses. Whether you're opening a chiropractic office with private treatment rooms, a retail shop seeking high visibility, or a day spa needing quiet, private service areas, this property checks all the boxes. It would also make an outstanding home for a real estate brokerage. Endless possibilities await—don't miss the opportunity to make this incredible space your own! Brokered by Hughes Group LLC
$200,000
1742 State Street
Granite City, IL 62040
MLS# 25073370
Status: Active
Listed: October 30, 2025
$200,000
MLS# 25073370
Active
Available now! Approximately 1.68 acres of Industrial land with good access to nearby St. Louis and major highways. This blank slate with almost 900 feet of total road frontage can be yours! Gas and sewer in the alley and 2 water meters on the street. Fiber and Spectrum access near by. Brokered by Tarrant and Harman Real Estate and Auction Co
$300,000
$199,900
1908 State Street
Granite City, IL 62040
MLS# 23073462
Status: Active
Listed: January 9, 2024
$300,000
$199,900
MLS# 23073462
Active
Great opportunity for a multi use facility in downtown Granite City close to Granite City Steel & Gateway Regional. Main level use is gym for "Tank Training" which is owner occupied. Plenty of extra parking in rear of the building. There are 3 lots in the rear that front at 1909 & 1911 Grand that could be purchased separately for $15,000. Rubber Modified roof 2019. Existing elevator at this building was fully operational 10 years ago but could potentially be operational again. Upstairs unit is currently rented until 2027 for $7000 a yr. with lease rate increases to $8,000 in 2026. Rear office area is being rented to a massage therapist for $300 a month. Seller has reserved the right to give lessee 60 days notice to vacate the premises. Gym equipment seller will sell all of the equipment for half price with an acceptable offer on the building and vacant lots. Location: City, Downtown Brokered by RE/MAX Alliance
$199,900
1444 Schaefer Road
Granite City, IL 62040
MLS# 25076941
Status: Active
Listed: November 19, 2025
$199,900
MLS# 25076941
Active
Unlock the potential of this 1.72-acre commercial lot, offering exceptional flexibility with M-4 Industrial zoning. Featuring 330+ feet of road frontage, this property is primed for development with three-phase electric, public water, and public sewer already stubbed to the site.
Built for efficiency, the lot provides excellent drainage and sits in FEMA Flood Zone C, meaning no flood insurance is required for future structures. Its unique placement within a Cannabis Overlay District adds valuable opportunities for specialized business use.
Conveniently located near IL Rt 3 and just under 30 minutes from St. Louis, this site offers outstanding accessibility. Nearby national anchors such as Walmart and Aldi provide steady traffic and commercial momentum, making this a prime spot for your next industrial, commercial, or cannabis-related venture.
Don’t miss this high-visibility, high-potential property in a rapidly growing corridor! Brokered by Century 21 Advantage
$160,000
0 E Chain Of Rocks Road
Granite City, IL 62040
MLS# 25072826
Status: Active
Listed: October 28, 2025
$160,000
MLS# 25072826
Active
Great interstate exposure close to Edwardsville. So much commercial potential Location: High Traffic, Billboard income $360 per month. Cell Tower Lease has been sold. Agent owned Brokered by Coldwell Banker Brown Realtors
$120,000
$75,000
2334 E 25th Street
Granite City, IL 62040
MLS# 24076724
Status: Under Contract
Listed: January 13, 2025
$120,000
$75,000
MLS# 24076724
Under Contract
This large 2-story multi-use building offers significant potential due to its R-3 zoning, which allows for various commercial uses with a special use permit. The expansive open area on the ground floor provides versatility for different configurations, while the second floor can either be opened up for additional space or maintained as is for office purposes. In addition to its versatile building layout, this property features a large lot that provides ample parking. Key features include: Zoning: R-3, allowing for potential commercial use with a special permit, Flexible Layout: Large open areas on both floors that can accommodate diverse needs, Potential Uses: Suitable for a church, shared workspace, daycare, teen center, or other creative ventures, Sale Condition: Property is being sold as-is, which may appeal to investors looking for a project. This property represents a fantastic opportunity for those looking to establish a community-focused business or service. Location: City Brokered by Century 21 Bailey & Company
$99,900
$74,900
2301 State Street
Granite City, IL 62040
MLS# 25015828
Status: Active
Listed: March 16, 2025
$99,900
$74,900
MLS# 25015828
Active
This building has served us well and now, it is time for a new owner. The large open space was used for office area, storage and staging of our commercial janitorial company. Prior to our use, it served the community as a locally owned confectionary and drug store. The main room still has the original high, ornate ceilings with fresh paint, new luxury vinyl tile and carpet. Recently, the bathroom has been updated as well. The a/c was used for one season and then moved to the interior for the winter. If the buyer desires, it will be re-installed prior to closing. This building also has a full basement with shelving along the parameter and a center workbench. Located on a corner lot which includes the grassed area on the side of the building. The building has been well maintained and being sold, 'as,is'. There is a loading zone and street access into the building. It is zoned R3 and would make a nice office, salon, low-traffic business or storage. The property is Agent Owned. Location: Corner Location Brokered by Keller Williams Marquee
$68,000
$60,000
2775 Madison Avenue
Granite City, IL 62040
MLS# 25065663
Status: Active
Listed: September 26, 2025
$68,000
$60,000
MLS# 25065663
Active
Great commercial building on corner lot. This building has been used previous for beauty salon and a great location for it. All items stay with property - 2 washing stations, 2 drying stations, chairs, mirrors, refrigerator and washer & dryer. Plenty of space for 5 work stations. Please contact city for special use permit prior to making offers. Well maintained and ready to go with furnace 6 years old and a/c 2 years old. Buyer to verify all information provided as it is gathered from various sources. Brokered by RE/MAX Alliance
Granite City, IL