2216 Woodlawn Ave · Granite City, IL 62040

$150,000

4 bd · 2.0 ba · 1,729 sqft · SingleFamily public records · 174 Days on market

Built 1951 10,123 sqft lot $87/sqft · 15% below area Est $177k · 15% under

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.9/30.0
• ARV discount +14.3/15.0
• DSCR +7.4/10.0
• 1% rule +5.4/10.0
• Livability +3.2/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Short sale. The bank will not accept any less than the appraisal value of $150,000. Welcome to 2216 WoodLawn Avenue in Granite City! This partially renovated gem features three generously sized bedrooms and two full bathrooms, all refreshed with new flooring and a fresh coat of paint throughout. Recent upgrades—including a 2024 water heater and 2024 furnace—offer added comfort and peace of mind for years to come. Step outside into your own private backyard oasis, complete with an in-ground pool—perfect for summer entertaining, relaxing weekends, or making memories with family and friends. Bonus space includes a sunroom, ideal for morning coffee, plant lovers, or a cozy reading nook. Sold as is. The seller has elected not to bring the property into compliance with occupancy requirements prior to closing. Sale and terms are subject to lien holder approval.

Key facts

• 0.23 acre lot
• Garage
• Pool

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $264 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 7.0% in Granite City — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 65/100 on livability (#623 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools F, crime F, amenities F.
• Granite City CUSD 9 (suburban): math 9% / reading 11% proficiency, ranked #570 of 620 in IL (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+1.7%/yr); 194 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 336 units permitted in Madison County in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($60k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Madison County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 174 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 7y ago; this cycle's ask has dropped $50k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 174 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.04% ✓
• Cap rate: 8.40%
• Cash-on-cash: 7.53%
• DSCR: 1.34
• GRM: 8.0

CMA / ARV

• ARV (median comp): $176,863
• List price: $150,000
• Delta: -15.19%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2142 Waterman Ave	0.17mi	3/2.0 (-1)	1,742 (+1%)	3mo	$163,500	$94	84
1732 Sycamore St	0.28mi	4/2.0	1,721 (-0%)	5mo	$189,500	$110	82
2419 Woodlawn Ave	0.33mi	3/2.0 (-1)	1,750 (+1%)	2mo	$189,900	$109	76
93 Riviera Dr	0.36mi	3/2.0 (-1)	1,656 (-4%)	5mo	$180,000	$109	67
2000 Manley Ave	0.47mi	3/2.0 (-1)	1,664 (-4%)	0mo	$50,000	$30	67
2349 Orville Ave	0.31mi	3/2.0 (-1)	1,600 (-8%)	2mo	$204,950	$128	66
2318 Waterman Ave	0.21mi	3/2.0 (-1)	1,516 (-12%)	1mo	$145,000	$96	64
3505 Maryville Rd	0.49mi	3/2.0 (-1)	1,873 (+8%)	1mo	$190,000	$101	58
38 Del Rio Ave	0.52mi	3/2.0 (-1)	1,604 (-7%)	2mo	$219,000	$137	57
9 Mercer Dr	0.72mi	3/2.0 (-1)	1,713 (-1%)	7mo	$171,900	$100	55
3416 Lydia Ln	0.71mi	3/1.0 (-1)	1,674 (-3%)	0mo	$194,900	$116	52
59 Janine Ct	0.52mi	3/2.0 (-1)	1,956 (+13%)	0mo	$225,000	$115	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.67% rent growth · sell at horizon

5-year hold

• IRR: -6.2%
• Equity multiple: 0.77×
• Total profit: $-9,591
• Equity at exit: $22,365

10-year hold

• IRR: 1.8%
• Equity multiple: 1.12×
• Total profit: $4,969
• Equity at exit: $12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 43 Moderately Tenant-Leaning
• State Illinois: 43 Moderately Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Chicago RTLO is among the strongest tenant ordinances in the Midwest; downstate is more landlord-friendly.

Methodology + full state rankings →

ZIP-level market 62040

• Home prices YoY: -21.8%
• Rents YoY: 1.7%
• Active inventory: 194
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,560 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$120 /mo · $1,435/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$328
• Net cashflow: $264

Break-even live

Break-even rent $1,226

Max offer price $150,000

Occupancy floor 78%

Sensitivity live

Price	-10% $349	-5% $306	+0% $264	+5% $221	+10% $179
Rent	-10% $140	-5% $202	+0% $264	+5% $325	+10% $387
Rate	-1.0pp $339	-0.5pp $302	base $264	+0.5pp $225	+1.0pp $185

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5 William John Ct Granite City, IL	3.0	1.0	1998	$1,495	$0.75	24d	1	0.89mi

Listing history 32 events

1. 2026-04-02
   status Active 890-char remark

   Show marketing remark (890 chars)

   Short sale. The bank will not accept any less than the appraisal value of $150,000. Welcome to 2216 WoodLawn Avenue in Granite City! This partially renovated gem features three generously sized bedrooms and two full bathrooms, all refreshed with new flooring and a fresh coat of paint throughout. Recent upgrades—including a 2024 water heater and 2024 furnace—offer added comfort and peace of mind for years to come. Step outside into your own private backyard oasis, complete with an in-ground pool—perfect for summer entertaining, relaxing weekends, or making memories with family and friends. Bonus space includes a sunroom, ideal for morning coffee, plant lovers, or a cozy reading nook. Sold as is. The seller has elected not to bring the property into compliance with occupancy requirements prior to closing. Sale and terms are subject to lien holder approval.

2. 2026-04-02
   price $150,000 890-char remark

   Show marketing remark (890 chars)

   Short sale. The bank will not accept any less than the appraisal value of $150,000. Welcome to 2216 WoodLawn Avenue in Granite City! This partially renovated gem features three generously sized bedrooms and two full bathrooms, all refreshed with new flooring and a fresh coat of paint throughout. Recent upgrades—including a 2024 water heater and 2024 furnace—offer added comfort and peace of mind for years to come. Step outside into your own private backyard oasis, complete with an in-ground pool—perfect for summer entertaining, relaxing weekends, or making memories with family and friends. Bonus space includes a sunroom, ideal for morning coffee, plant lovers, or a cozy reading nook. Sold as is. The seller has elected not to bring the property into compliance with occupancy requirements prior to closing. Sale and terms are subject to lien holder approval.

3. 2026-01-13
   status Pending 890-char remark

   Show marketing remark (890 chars)

   Short sale. The bank will not accept any less than the appraisal value of $150,000. Welcome to 2216 WoodLawn Avenue in Granite City! This partially renovated gem features three generously sized bedrooms and two full bathrooms, all refreshed with new flooring and a fresh coat of paint throughout. Recent upgrades—including a 2024 water heater and 2024 furnace—offer added comfort and peace of mind for years to come. Step outside into your own private backyard oasis, complete with an in-ground pool—perfect for summer entertaining, relaxing weekends, or making memories with family and friends. Bonus space includes a sunroom, ideal for morning coffee, plant lovers, or a cozy reading nook. Sold as is. The seller has elected not to bring the property into compliance with occupancy requirements prior to closing. Sale and terms are subject to lien holder approval.

4. 2026-01-07
   price $100,000 890-char remark

   Show marketing remark (890 chars)

   Short sale. The bank will not accept any less than the appraisal value of $150,000. Welcome to 2216 WoodLawn Avenue in Granite City! This partially renovated gem features three generously sized bedrooms and two full bathrooms, all refreshed with new flooring and a fresh coat of paint throughout. Recent upgrades—including a 2024 water heater and 2024 furnace—offer added comfort and peace of mind for years to come. Step outside into your own private backyard oasis, complete with an in-ground pool—perfect for summer entertaining, relaxing weekends, or making memories with family and friends. Bonus space includes a sunroom, ideal for morning coffee, plant lovers, or a cozy reading nook. Sold as is. The seller has elected not to bring the property into compliance with occupancy requirements prior to closing. Sale and terms are subject to lien holder approval.

5. 2026-01-07
   status Active 890-char remark

   Show marketing remark (890 chars)

   Short sale. The bank will not accept any less than the appraisal value of $150,000. Welcome to 2216 WoodLawn Avenue in Granite City! This partially renovated gem features three generously sized bedrooms and two full bathrooms, all refreshed with new flooring and a fresh coat of paint throughout. Recent upgrades—including a 2024 water heater and 2024 furnace—offer added comfort and peace of mind for years to come. Step outside into your own private backyard oasis, complete with an in-ground pool—perfect for summer entertaining, relaxing weekends, or making memories with family and friends. Bonus space includes a sunroom, ideal for morning coffee, plant lovers, or a cozy reading nook. Sold as is. The seller has elected not to bring the property into compliance with occupancy requirements prior to closing. Sale and terms are subject to lien holder approval.

6. 2025-09-21
   price $182,000 890-char remark

   Show marketing remark (890 chars)

   Short sale. The bank will not accept any less than the appraisal value of $150,000. Welcome to 2216 WoodLawn Avenue in Granite City! This partially renovated gem features three generously sized bedrooms and two full bathrooms, all refreshed with new flooring and a fresh coat of paint throughout. Recent upgrades—including a 2024 water heater and 2024 furnace—offer added comfort and peace of mind for years to come. Step outside into your own private backyard oasis, complete with an in-ground pool—perfect for summer entertaining, relaxing weekends, or making memories with family and friends. Bonus space includes a sunroom, ideal for morning coffee, plant lovers, or a cozy reading nook. Sold as is. The seller has elected not to bring the property into compliance with occupancy requirements prior to closing. Sale and terms are subject to lien holder approval.

7. 2025-09-08
   status Active 890-char remark

   Show marketing remark (890 chars)

   Short sale. The bank will not accept any less than the appraisal value of $150,000. Welcome to 2216 WoodLawn Avenue in Granite City! This partially renovated gem features three generously sized bedrooms and two full bathrooms, all refreshed with new flooring and a fresh coat of paint throughout. Recent upgrades—including a 2024 water heater and 2024 furnace—offer added comfort and peace of mind for years to come. Step outside into your own private backyard oasis, complete with an in-ground pool—perfect for summer entertaining, relaxing weekends, or making memories with family and friends. Bonus space includes a sunroom, ideal for morning coffee, plant lovers, or a cozy reading nook. Sold as is. The seller has elected not to bring the property into compliance with occupancy requirements prior to closing. Sale and terms are subject to lien holder approval.

8. 2025-09-04
   historical $185,000 890-char remark

   Show marketing remark (890 chars)

   Short sale. The bank will not accept any less than the appraisal value of $150,000. Welcome to 2216 WoodLawn Avenue in Granite City! This partially renovated gem features three generously sized bedrooms and two full bathrooms, all refreshed with new flooring and a fresh coat of paint throughout. Recent upgrades—including a 2024 water heater and 2024 furnace—offer added comfort and peace of mind for years to come. Step outside into your own private backyard oasis, complete with an in-ground pool—perfect for summer entertaining, relaxing weekends, or making memories with family and friends. Bonus space includes a sunroom, ideal for morning coffee, plant lovers, or a cozy reading nook. Sold as is. The seller has elected not to bring the property into compliance with occupancy requirements prior to closing. Sale and terms are subject to lien holder approval.

9. 2024-11-27
   soldstatus $178,000
10. 2024-11-26
    soldstatus Closed 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

11. 2024-11-06
    status Pending 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

12. 2024-10-25
    status Active 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

13. 2024-10-10
    status Pending 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

14. 2024-09-13
    historical Active Under Contract 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

15. 2024-09-10
    price $182,490 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

16. 2024-09-01
    price $189,990 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

17. 2024-08-31
    status Active 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

18. 2024-08-22
    historical Active Under Contract 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

19. 2024-08-13
    price $192,990 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

20. 2024-08-08
    listed $199,990 Active 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

21. 2024-08-06
    historical $199,990 740-char remark

    Show marketing remark (740 chars)

    Back on the market at no fault to seller! PASSED city occupancy and electrical. This house is MOVE IN READY!!!!!!! Welcome to 2216 WoodLawn Avenue in Granite City! This beautifully renovated home offers 3 spacious bedrooms and 2 full bathrooms, all enhanced with fresh paint and new flooring throughout. The kitchen features brand-new appliances ready for your culinary creations. Recent updates also include a new water heater and furnace, ensure peace of mind for years to come. Step outside into your own private oasis. The large backyard boasts an inviting in-ground pool, perfect for summer relaxation and entertaining. Additional features like the handy storage shed and charming gazebo add to the appeal of this outdoor haven.

22. 2024-02-29
    soldstatus $58,500
23. 2020-10-10
    historical
24. 2020-10-10
    historical
25. 2019-11-08
    price $54,900
26. 2019-08-24
    price $64,900
27. 2019-08-10
    price $69,900
28. 2019-07-31
    price $75,000
29. 2019-07-22
    price $89,000
30. 2019-07-05
    listed
31. 2010-11-01
    soldstatus $112,000
32. 1988-05-09
    soldstatus $126,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IL · Partial reset (capped growth)

• Current annual tax: $1,435 · $120/mo
• Projected year-2 tax: $2,420 · $202/mo
• Expected delta: +$985/yr (+$82/mo · 68.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,719
• − Mortgage interest: −$8,402
• − Property taxes: −$1,435
• − Insurance: −$750
• − Repairs & maintenance: −$1,498
• − Management: −$1,498
• − Depreciation: −$4,364
• Taxable income: $774
• Est. tax owed @ 24.0%: −$186
• After-tax cash flow: $2,979/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Granite City CUSD 9
• NCES district ID: 1717280
• Math proficiency: 9% ▼ -4.00%
• Reading proficiency: 11% ▼ -7.00%
• Median HH income: $45,082
• Composite: 9.15/100
• National rank: #9864
• State rank: #570 of 620 in IL

Livability — Granite City

• Score: 65/100
• State rank: #623
• US rank: #12751

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment C Housing A+ Health & safety C User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Granite City, IL
• County: Madison County · 189,064 people
• City population: 40,404
• Metro: St. Louis, MO-IL
• Population (ZIP): 40,404
• Household income: $60,031
• Rent vs Own: 25.0% rent · 75.0% own
• Severe rent burden: 923.0

Population outlook (Madison County) Hauer SSP2

• Today (2025): 258,371 people
• By 2030: 251,523 · -2.7%
• By 2040: 233,640 · -9.6%
• By 2050: 213,042 · -17.5%
• By 2075: 165,255 · -36.0%
• By 2100: 123,953 · -52.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 9% Black 9% Two or more races 7% Asian 1%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Romanian 2% Lithuanian 2% Serbian 2%
• Foreign-born: 3% · Canada, Vietnam
• Languages at home: 93% English-only · Spanish 5%

Political lean MEDSL · Madison

• 2024 margin: R (+13.3) · D 42.5% · R 55.8% · Other 1.8%
• 2008→2024 swing: -22.5pp toward R · 2008: 9.2pp · 2024: -13.3pp
• All cycles: 2024: R+13.3 2020: R+13.2 2016: R+15.6 2012: R+1.4 2008: D+9.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -56.88%
• Current HPI: 204.4612
• Rent YoY: ▲ 1.67%
• Metro: St. Louis, MO-IL
• State GDP YoY: ▲ 1.59%
• F500 in state: 60

Industry mix (Fortune 500 HQ in IL)

Industry	F500 HQs	Revenue
▸Insurance	4	$201B
▸Consumer Goods	4	$87B
▸Industrial Machinery	3	$64B
▸Healthcare	2	$55B
▸Retail / Pharmacy	1	$148B
▸Agriculture / Food	1	$86B

Price history

+19.0% since first listed

32 events — show timeline

• 2026-04-02 Relisted — MARIS as Distributed by MLS Grid
• 2026-04-02 Price Changed $150,000 MARIS as Distributed by MLS Grid
• 2026-01-13 Pending — MARIS as Distributed by MLS Grid
• 2026-01-07 Price Changed $100,000 MARIS as Distributed by MLS Grid
• 2026-01-07 Relisted — MARIS as Distributed by MLS Grid
• 2025-09-21 Price Changed $182,000 MARIS as Distributed by MLS Grid
• 2025-09-08 Relisted — MARIS as Distributed by MLS Grid
• 2025-09-04 Coming Soon $185,000 MARIS as Distributed by MLS Grid
• 2024-11-27 Sold (Public Records) $178,000 Public Records
• 2024-11-26 Sold (MLS) — MARIS as Distributed by MLS Grid
• 2024-11-06 Pending — MARIS as Distributed by MLS Grid
• 2024-10-25 Relisted — MARIS as Distributed by MLS Grid
• 2024-10-10 Pending — MARIS as Distributed by MLS Grid
• 2024-09-13 Contingent — MARIS as Distributed by MLS Grid
• 2024-09-10 Price Changed $182,490 MARIS as Distributed by MLS Grid
• 2024-09-01 Price Changed $189,990 MARIS as Distributed by MLS Grid
• 2024-08-31 Relisted — MARIS as Distributed by MLS Grid
• 2024-08-22 Contingent — MARIS as Distributed by MLS Grid
• 2024-08-13 Price Changed $192,990 MARIS as Distributed by MLS Grid
• 2024-08-08 Listed $199,990 MARIS as Distributed by MLS Grid
• 2024-08-06 Coming Soon $199,990 MARIS as Distributed by MLS Grid
• 2024-02-29 Sold (Public Records) $58,500 Public Records
• 2020-10-10 Listing Removed — MRED as Distributed by MLS Grid
• 2020-10-10 Listing Removed — MRED as Distributed by MLS Grid
• 2019-11-08 Price Changed $54,900 MARIS as Distributed by MLS Grid
• 2019-08-24 Price Changed $64,900 MARIS as Distributed by MLS Grid
• 2019-08-10 Price Changed $69,900 MARIS as Distributed by MLS Grid
• 2019-07-31 Price Changed $75,000 MARIS as Distributed by MLS Grid
• 2019-07-22 Price Changed $89,000 MARIS as Distributed by MLS Grid
• 2019-07-05 Listed — MRED as Distributed by MLS Grid
• 2010-11-01 Sold (Public Records) $112,000 Public Records
• 1988-05-09 Sold (Public Records) $126,000 Public Records

Property tax history

-4.9%/yr

Latest (2024): $1,435 · +57.3% YoY. Source: county tax records.