Address
1601 Olive Street, Granite City, IL
Price
$ 77,500
Property Attributes
- MLS#26039754
- TypeSingle Family
- Listing Status Active
- CountyMADISON
- CityGranite City
- NeighborhoodFirst Add
- Zip62040
- StyleBungalow
- Year Built1927
- Taxes$ 1400
- Price$ 77,500
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage932
- Lot Size0.1758 Acres
Data Source:
Mid America Regional Information Systems (MARIS)
Property Description
Investment Opportunity in Granite City! This 2-bedroom, 1-bath home is currently leased, providing an opportunity for immediate rental income and a solid addition to an investment portfolio. The home offers a functional layout with ample storage throughout, including a full basement and a spacious full attic with potential for additional storage. Exterior features include a fenced backyard, large deck, and storage shed, providing useful outdoor space for tenants. Conveniently located near local amenities and transportation. Tenant rights apply. Agent owned.
| Elementary School | Middle School | High School |
|---|---|---|
| Granite City Dist 9 Elementary School | Granite City Dist 9 Middle School | Granite City High School |
| Price History | |
|---|---|
| 6/22/2026 | Listed $85,000 |
| 7/19/2026 | 3$82,500 |
| 7/27/2026 | 4$79,900 |
| 9/11/2026 | 4$77,500 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Utilities | Electricity Available,Sewer Available,Water Available |
| Possession | Subject To Tenant Rights |
| Roof | Asphalt |
| Patio/Porch Features | Deck,Front Porch |
| Architectural Style | Bungalow |
| Construction Materials | Brick,Vinyl Siding |
| Year Built | 1927 |
| Electric | Ameren |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Madison |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | First Add |
| Garage Y/N | No |
| Total Rooms | 4 |
| Full Baths | 1 |
| Status | Active |
| High School | Granite City |
| City | Granite City |
| Disclosures | Agent Owned,Seller Property Disclosure |
| High School District | Granite City DIST 9 |
| Lot Size Square Feet | 7657.85 |
| Carport Y/N | No |
| Elementary School | GRANITE CITY DIST 9 |
| Tax Annual Amount | 1400 |
| Home Warranty Y/N | No |
| Middle/Junior High School | GRANITE CITY DIST 9 |
| Standard Status | Active |
Interior Features
| Interior Amenities | Eat-in Kitchen,Other |
|---|---|
| Basement | Full,Storage Space,Sump Pump |
| Basement (Y/N) | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 932 |
| Laundry Features | In Basement |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| LivingAreaSource | Assessor |
| Above Grade Finished Area Source | Assessor |
| Total Baths | 1 |
Exterior Features
| Exterior Amenities | Storage |
|---|---|
| Fencing | Chain Link |
| Lot Features | Back Yard,Front Yard,Some Trees |
| Water Source | Public |
| Lot Size Acres | 0.1758 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 62040
Price
Taxes
Year Built
Visits
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Information is deemed reliable but is not guaranteed.
