1 Bed   1 Bath   397 Sq. Ft.   Single-Family
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Iowa St
Granite City, IL 62040

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Status: Inactive
Listing ID: 59802871
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Learn about Iowa St in Granite City, IL

This single-family property is available as a foreclosure at Iowa St. It has 1 bedrooms, 1 bathrooms, and 397 square feet of living space. Based on our analysis of the current market conditions in Granite City for Iowa St and comparable listings, the estimated market value is $27,455. The property located at single-family has potential equity of $27,145. If purchased for rental purposes, the monthly rental rate could range between $521 and $780. For those interested in resale, the estimated profit from selling is $27,145. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Iowa St are updated daily along with others in Granite City, Illinois.

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Property Information

  • Price: $10,000
  • Bedrooms: 1
  • Bathrooms: 1
  • Living Area Size: 397
  • Lot Size: 0.11 acres
  • Year Built: 1932
  • Source ID: 501622505091AUCN8
  • Day(s) On Site: 97
  • Property Type: Single Family Dwelling


The property located at Iowa St in Granite City, IL is listed as a Foreclosure

Properties like Iowa St in Granite City, Illinois listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Granite City, IL. The longer lenders own properties like this on Iowa St, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Address: Iowa St Granite City IL 62040

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Auction Information

  • Minimum Bid: $10,000

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Rental Value

The estimated rental value for Iowa St located in Granite City, IL is $650/month. Comparable homes around Iowa St that are rentals have monthly ranges starting as low as $521 per month and as high as $780 per month. An owner looking to use this property as an investment could bring a return in the area of $521 - $780 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
02/23/21   Tax Lien
02/21/12 02/20/15 Tax Lien
01/20/12 02/21/12 Preforeclosure

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Iowa St
Granite City, IL 62040

1 Bed   1 Bath   397 sq. ft.   Single-Family


Status: Inactive Listing ID: 59802871

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