#25020241, Listing office: RE/MAX Alliance
$1,475,000 List price
1832 Cleveland Blvd Granite City, IL 62040
0 beds
5,580 sqft
0.2 acres
$264 / sqft
House
Property details
About 1832 Cleveland Blvd
Turnkey Investment with Guaranteed Income & Expansion Potential! This 12-unit apartment complex is a prime investment opportunity, generating $11,500 in contracted monthly income. 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.
Highlights
HeatingForced Air, Electric
StatusActive
CoolingCentral Air, Electric
Size5,580 sqft
Lot size0.2296 Acres
Year built1980
ParkingOn Street
MLS #25009018
Summary
- Appliances: Gas Water Heater
- Basement: No
- Parking: On Street
- Architectural Style: Low/1-2
- Heating: Forced Air, Electric
- Cooling: Central Air, Electric
- List Price: $1,475,000
- Price/SqFt: $264
- Annual Tax Amount: $5,148
- Tax Year: 2023
- Directions: From I270, take Route 3 to Left onto Niedringhaus, then Right onto Cleveland Boulevard.
- Year Built: 1980
- Living Area: 5,580 SqFt
- Lot Size: 0.2296 Acres
- MLS Number: 25009018
- MLS Name: MARIS2
- Office Name: Coldwell Banker Brown Realtors
- Office Phone: (618) 667-3404
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 12:38:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $54,070 | $5,148 |
| 2022 | $49,540 | $4,955 |
| 2021 | $46,460 | $4,805 |
| 2020 | $44,370 | $4,693 |
| 2019 | $42,050 | $4,447 |
| 2018 | $40,820 | $4,447 |
| 2017 | $40,820 | $4,363 |
History based on county public records data.
Nearby schools
2
Bernard Long Elementary School
Public District EE-5
1.1 mi
•1003 Farrish St
2
Frohardt Elementary School
Public District KG-4
2.5 mi
•2040 Johnson Rd
1
Lovejoy Elementary School
Public District PK-5
2.9 mi
•PO Box 250
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,061. Residents of Granite City, IL typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
64%
<35k
35%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
55%
Single, No Kids
18%
Single, with Kids
14%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Big Lots
Family Dollar
Books-a-Million
Where do the neighbors go to eat?
Golden Corral
White Castle
Church's Chicken
What do the neighbors drive?
Kia
Chevrolet
Toyota
What do the neighbors listen to?
Adult Standards
Rock- Adult Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1832 Cleveland Blvd
The listing price of 1832 Cleveland Blvd property is $1,475,000.
The property 1832 Cleveland Blvd is a house located in Granite City, Illinois, 62040.
Active Listing: 1832 Cleveland Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1832 Cleveland Blvd are: Bernard Long Elementary School (GreatSchools Rating 2/10), Frohardt Elementary School (GreatSchools Rating 2/10), Lovejoy Elementary School (GreatSchools Rating 1/10), Madison Jr. High School (GreatSchools Rating 4/10), Coolidge Junior High School (GreatSchools Rating 2/10), Venice Elementary School (GreatSchools Rating 2/10), Madison Sr. High School (GreatSchools Rating 2/10), Granite City High School (GreatSchools Rating 2/10), Lovejoy Academy (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $5,148 (source: MLS/based on county public records data).
The property at 1832 Cleveland Blvd has 0 bedroom and 0 bathroom.
The property 1832 Cleveland Blvd is 5,580 SqFt (source: MLS/tax record).
The year of construction for 1832 Cleveland Blvd is 1980.
This home is located at 1832 Cleveland Blvd in Granite City, IL and zip code 62040. This 5,580 square foot home, which was built in 1980, sits on a 0.23 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $1,475,000.
Granite City, IL housing market in June 2025 saw over 17 listings sold above listed price, more than 9 sold at listed price and over 15 sold below. Between May and June 2025, Granite City, IL real estate market has seen decrease in the number of listings by 1.1%. Listings spent 30 days on the market in June 2025, and had a median list price of $127,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.