1832 Cleveland Blvd

1832 Cleveland Blvd

For Sale

1832 Cleveland Blvd, Granite City, IL 62040

This Granite City property for sale is located at 1832 Cleveland Blvd. The current listed sale price for 1832 Cleveland Blvd is $1,500,000. 1832 Cleveland Blvd is situated on a lot that is 10,001 square feet in size.

Contacts

broker
Angie Judd Uram

Coldwell Banker Brown Realtors

Property Details

  • Property Type Multi-Family
  • Lot Size 10,001 SF
  • Year Built 1980
  • Date Updated Mar 29, 2025
Turnkey Investment with Guaranteed Income & Expansion Potential! This 12-unit apartment complex is a prime investment opportunity, generating $11,500 in contracted monthly income from Chestnut Health Systems. The tenant handles full property management and rehabs units as needed, ensuring a truly passive income stream for the owner. The complex consists of 8 one-bedroom units and 4 efficiency units, all fully furnished by the tenant. Additionally, there is a 3,000 sq. ft. basement that is not currently leased, presenting a valuable opportunity for additional income. Second building has 4ft crawl. On-site laundry facilities in the basement provide further convenience and revenue potential. The owner covers utilities, insurance, and major maintenance, including roof, HVAC, and hot water heaters. Some units have been recently updated with new HVAC systems and hot water heaters. The roof is newer, adding to the long-term stability of this investment.
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Highlights

  • Cooling: Central A/C - Electric
  • Exterior Description: Brick
  • General: Laundry Facilities
  • Heating Type: Forced Air
  • Sewer: Public
  • Water: Municipal Water

Getting around

  • 57/100

    Walk Score ®

  • 41/100

    Bike Score ®

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Location

  • City Granite City, IL
  • Zip Code 62040
  • Market St Louis

Points of Interest

  • QuikTrip

    0.46 miles

  • BP

    0.50 miles

  • Mobile

    2.17 miles

  • ZX

    2.59 miles

  • Exxon

    4.36 miles

  • Pontoon Express

    4.65 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Angie Judd Uram

Coldwell Banker Brown Realtors

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