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2689 Westmoreland Drive

Granite City, IL 62040
  • $438,000
  • STATUS: Active Under Contract
  • ON SITE: 53 Days
  • ID#: 24001588
Under Contract
UPDATED: 41 min ago
$438,000
  • 0
    BEDS
  • 2.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,032
    SQFT
  • $109
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2008
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Dreaming of building a custom home/homes? This 2.7 +/- acre developer ready lot may fit your needs. Large lot comes planned with city sewer in place for 13 villas. Initial phase of development (4-unit villa) already completed on adjoining lot. Villas currently rent at $900+ per unit. Here is a tremendous opportunity to build while concurrently producing income! Villas are single story with attached garage and no stairs! Villas are ADA compliant ready. Bring your own ideas and plans for the remaining acreage or continue this development! Call today for more information and to see for yourself. Property back on the market seller lost financing.

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Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-03-04T18:39:19.06.

The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
www.beckyoneill.com/homes/146527535
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2689 Westmoreland Drive Granite City, IL 62040

  • Price: $438,000
  • Status: Active Under Contract
  • On Site: 53 Days
  • Updated: 41 min ago
  • ID#: 24001588
0
Beds
0
Baths
0
½ Baths
2.16
Acres
4,032
SQFT
$109
$/SQFT
2008
Built
Neighborhood:
Westmoreland Ph II Condo
County:
Madison
Elementary School:
Granite City Dist 9
Middle School:
Granite City Dist 9
High School:
Granite City
School District:
Granite City Dist 9
Property Description
Dreaming of building a custom home/homes? This 2.7 +/- acre developer ready lot may fit your needs. Large lot comes planned with city sewer in place for 13 villas. Initial phase of development (4-unit villa) already completed on adjoining lot. Villas currently rent at $900+ per unit. Here is a tremendous opportunity to build while concurrently producing income! Villas are single story with attached garage and no stairs! Villas are ADA compliant ready. Bring your own ideas and plans for the remaining acreage or continue this development! Call today for more information and to see for yourself. Property back on the market seller lost financing.
Exterior Features

Attached Garage YN Yes Construction Materials Brick Veneer Driveway Concrete Lot Size Dimensions 108 X 116 Lot Size Source Other Parking Features Attached Garage - 1-2 Car

Interior Features

Above Grade Finished Area Source Public Records Cooling ElectricHeat Pump Heat Source Electric Heating Forced AirHeat Pump Heating YN Yes

Property Features

Association Greater Gateway Association of Realtors Building Description Other Cross Street Parkview Rd. Current Financing Cash OnlyConventional Disclosures UnknownCode Compliance ReqdOccupancy Perm Req Lease Term Leases Net Operating Income 0 Operating Expense Includes Other Ownership Private Possession Close Of Escrow Property Sub Type Multi-Family 2-4 Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 12502 Tax Year 2021 Tenant Pays OtherTrash Collection Transaction Type Sale Type Of Units 4-Family Water Source Public

Listing provided courtesy of Century 21 Bailey & Company: 9312121. Listing information © 2024 Mid America Regional Information Systems, Inc.
Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-03-04T18:39:19.06.

The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
 
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