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
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but is not guaranteed.
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Equity Realty Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.Based on information submitted to the MLS GRID as of September 22, 2026 4:38 AM UTC 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.
Data is updated as of September 22, 2026 4:38 AM UTC
