1501 Garfield Avenue, Granite City, IL 62040
Nameoki Terrace · Madison County
Key Facts
Description
Excellent opportunity to own a well-maintained commercial property in a high-visibility location! This approximately 1,300 sq ft building is currently set up as a salon, offering a functional and inviting layout that can easily accommodate a variety of business uses. Please note: the business is not included in the sale, but all contents and equipment are negotiable. The property features a bright, open interior with flexible space that can be tailored to your needs—whether continuing as a salon, office space, boutique, or other commercial venture. Zoned commercial with potential for residential conversion (buyer to verify), this property offers added versatility for investors or owner-occupants. A full basement provides excellent additional space for storage, workspace, or future expansion. Major updates include a newer HVAC system and water heater (approximately 2023), along with a roof replaced in 2019—offering peace of mind and added value. Positioned on a busy corner, this location offers strong visibility and accessibility—ideal for attracting clients or customers. Don’t miss this unique opportunity to own a move-in ready space with endless potential. Schedule your showing today!
Property Information
Property Type
Commercial Sale
Year Built
1960
Lot Size
0.20 acres
MLS® Listing#
26018618
Property Features
Heating
Construction
Utilities
Water Source
Financial Details
Annual Taxes
$5,332
Tax year 2024
Parcel Number
22-2-20-08-10-101-020
Affordability Calculator
$33,000
Estimated monthly payment
$878/mo
Principal $132,000 · Est. interest $184,152 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Granite City, IL
- 52
- Median Days on Market
- 1,310
- Median Sq Ft
- $116
- Median Price / Sq Ft
- 312
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Granite City, IL.
Location
Points of Interest in Granite City, IL
Showing the Granite City area map.
Nearby Schools
Coolidge Junior High School
Secondary · 0.5 mi away
Granite City High School
Secondary · 0.6 mi away
Frohardt Elementary School
Elementary · 0.6 mi away
Niedringhaus Elementary School
Elementary · 0.8 mi away
Holy Family Catholic School
School · 0.9 mi away
St John Lutheran Pre-School
School · 0.9 mi away
St Elizabeth Church
School · 0.9 mi away
Head Start
School · 1.1 mi away
Worthen Elementary School
Elementary · 1.2 mi away
Granite City School District
School · 1.2 mi away
Wilson Elementary School
Elementary · 1.3 mi away
Maryville Elementary School
Elementary · 1.3 mi away
A+ World Academy
School · 1.7 mi away
Rivers of Life Christian School
School · 1.7 mi away
Granite City Early Childhood Center
School · 1.7 mi away
Prather Elementary School
Elementary · 2.1 mi away
Grigsby Middle School
Secondary · 2.2 mi away
Central Baptist Church
School · 2.9 mi away
Mitchell Elementary School
Elementary · 3.0 mi away
Bernard Long Elementary School
Elementary · 3.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2657 E 24th, Granite City, IL | $116,117 | 2 | 1 | 905 |
| 383 STONEY ISLAND Avenue 102, Calumet City, IL | $118,000 | 2 | 2 | — |
| 3100 Edgewood Avenue, Granite City, IL | $118,500 | 3 | 1 | 925 |
| 1354 Gordon Avenue, Calumet City, IL | $119,000 | 2 | 1 | 945 |
| 2600 E 25th Street, Granite City, IL | $119,000 | 3 | 1 | 1,054 |
| 1527 Wentworth Avenue, Calumet City, IL | $119,950 | 4 | 1 | 1,123 |
Moving Cost Estimate
EXIT Agents in Granite City
Listing Courtesy: Century 21 Bailey & Company - 6189312121
Presented by: Kenbra Knight