Map of Property

1832 Cleveland Blvd

1832 Cleveland Blvd, Granite City, IL 62040

  • For Sale $1,500,000
  • Property Type Multi-Family
  • Lot Size 10,001 SF
  • Year Built 1980
  • Date Updated Mar 25, 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

Contacts

broker
Angie Judd Uram

Coldwell Banker Brown Realtors

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable

  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • 16th Street Lot

    0.37 miles

  • Nash Lot West

    0.60 miles

  • Nash Lot East

    0.67 miles

  • Blast Furnace Lot

    1.39 miles

  • Cargill Truck Parking Lot

    5.09 miles

  • MetroLink Parking Lot

    5.18 miles

  • Semi-Truck Parking Lot

    5.20 miles

  • VIP Parking Lot

    5.22 miles

  • Vendor Lot

    5.34 miles

  • Relax Inn

    0.06 miles

  • Western Inn

    4.28 miles

  • Royal Relax Inn

    4.30 miles

  • Indian Mound Motel

    4.37 miles

  • Canal Motel

    4.42 miles

  • Sun Motel

    4.50 miles

  • Econo Lodge

    4.59 miles

  • Economy Inn

    4.61 miles

  • Budget Motel

    4.62 miles

  • Royal Budget Inn

    4.63 miles

  • Frawley's Bar and Grill

    0.27 miles

  • McDonald's

    0.38 miles

  • Jack in the Box

    0.48 miles

  • Taco Bell

    0.51 miles

  • Domino's

    0.55 miles

  • Subway

    0.60 miles

  • Rally's

    0.61 miles

  • Chang Hing Chop Suey

    1.55 miles

  • Jimmy John's

    2.08 miles

  • Lamb's Garden

    2.09 miles

  • Prather Elementary School

    1.04 miles

  • Saint Marys School

    1.06 miles

  • Madison Middle School

    1.11 miles

  • Harris Elementary School

    1.25 miles

  • Sacred Heart School

    1.26 miles

  • Madison Senior High School

    1.39 miles

  • Niedringhaus Elementary School

    1.66 miles

  • Granite City High School

    1.94 miles

  • Marshall Elementary School

    1.95 miles

  • Lake Elementary School

    2.04 miles

  • SIUe Head Start Lovejoy Center

    2.93 miles

  • Catholic Day Care Center

    4.89 miles

  • Christian Activity Center

    4.90 miles

  • Kim's Kids

    5.43 miles

  • Itty Bitty Children's City

    8.51 miles

  • All About Kids Academy

    9.84 miles

Frequently Asked Questions

How much does 1832 Cleveland Blvd cost?

The space currently listed for sale at 1832 Cleveland Blvd asks for $1,500,000.

When was this property built?

1832 Cleveland Blvd was built in 1980.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Angie Judd Uram

Coldwell Banker Brown Realtors

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