1
Map
$113,200
↓ $5K (4.2%)
●
House -
For Sale
2344 Morrison Road
Granite City, IL 62040
2 Beds
1 Bath
1,317 Ft²
$799
Est. Monthly
About This Property
Auction. The seller does not represent or guarantee occupancy
status. NO viewings of this property. Please DO NOT DISTURB the
occupant. Drive by only. Ranch style home. 2 bedrooms and 1
bathroom. AS IS, cash only sales with no contingencies or
inspections. Buyer will be responsible for obtaining possession of
the property upon closing. Property sold without contingencies,
repairs, warranties, guarantees or
representation as to listing accuracy, property information, photo or other depiction included or described herein.
representation as to listing accuracy, property information, photo or other depiction included or described herein.
Unit Size
1,317 Ft²
Days on Market
134 days
Land Size
0.44 acres
Price per sqft
$86
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1987
Listed By
Val Laborevitch
REALHome Services & Solutions, Inc
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (MARIS #MIS26040847)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$113,200
↓ $5K
(4.2%) | |
| Price Decreased | |||
| Sep 16, 2026 | Price Decreased |
$118,200
↓ $5K
(4.1%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$123,200
↓ $6K
(4.5%) | |
| Price Decreased | |||
| Aug 12, 2026 | Price Decreased |
$129,000
↓ $6K
(4.3%) | |
| Price Decreased | |||
| Aug 3, 2026 | Price Decreased |
$134,800
↓ $10K
(7%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Appliances: None
Rooms: 5
Exterior Details
Square Footage: 1317
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1987
Levels: One
Construction Materials: Brick, Vinyl Siding
Lot Features: Other
Lot Size Area: 19166.4
Lot Size Units: Square Feet
Lot Size Acres: 0.44
Lot Size Square Feet: 19166.4
Water Source: Public
Financial Details
Tax Annual Amount: $2,909
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Granite City
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Listed by: Val Laborevitch
Listed Office: REALHome Services & Solutions, Inc - Listing courtesy of MARIS
Phone: 770-612-7326
Last Updated: 2026-10-02 15:01:56
Last Checked: 2 months
Data Source: MARIS, MLS# MIS26040847
Details provided by MARIS as Distributed by MLS Grid and may not match the public record.
Listed Office: REALHome Services & Solutions, Inc - Listing courtesy of MARIS
Phone: 770-612-7326
Last Updated: 2026-10-02 15:01:56
Last Checked: 2 months
Data Source: MARIS, MLS# MIS26040847
Based on information submitted to the MLS GRID as of Nov 07 2026. 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. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided is 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 accurate by MLS Grid.
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