1601 Olive St, Granite City, IL, 62040
About This Home
Motivated Seller! Investment opportunity. This 2-bedroom, 1-bath home is currently leased, offering immediate rental income. Features include a full basement, spacious full attic with potential for additional storage, a fenced backyard, large deck, and storage shed. Convenient layout with plenty of storage space throughout. Tenant rights apply. Great addition to an investment portfolio. Agent owned. Currently rented for $1100 a month.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1927
Materials
- Roof: Asphalt
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Full,Storage Space,Sump Pump
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Eat-in Kitchen,Other
- Finished area above ground: 932
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 932
- Total interior livable area: 932 sqft
Property
Details
- Parcel number: 222192409102029
- Special condition: Listing As Is
Features
- Levels: One
- Patio & porch: Deck,Front Porch
- Exterior features: Storage
- Fencing: Chain Link
Lot
- Lot size: 7,657 sqft
- Features: Back Yard,Front Yard,Some Trees
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Hail
- Heat Wave
- Inland Flooding
- Tornado
- Winter Weather
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $404 | $4,848 |
| Home Insurance * | $102 | $1,224 |
| Property Taxes | $119 | $1,428 |
| Electricity | $130 | $1,569 |
| Total | $755 | $9,060 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-27 | Price change | $79,900 |
| 2026-07-19 | Price change | $82,500 |
| 2026-06-23 | Listed for sale | $85,000 |
| 2023-03-02 | Listing removed | -- |
| 2023-01-12 | Listed for sale | $68,500 |
| 2022-11-16 | Listing removed | -- |
| 2022-10-04 | Price change | $58,500 |
| 2022-09-16 | Price change | $60,000 |
| 2022-09-06 | Price change | $64,500 |
| 2022-08-28 | Listed for sale | $68,500 |
| 2022-08-19 | Sold | $50,000 |
| 2022-07-08 | Pending sale | $50,000 |
| 2022-07-07 | Price change | $50,000 |
| 2022-06-28 | Listed for sale | $60,000 |
| 2016-11-30 | Sold | $32,300 |
| 2016-09-19 | Pending sale | $34,000 |
| 2016-03-10 | Listed for sale | $34,000 |
| 2015-12-31 | Listing removed | $38,000 |
| 2015-07-07 | Listed for sale | $38,000 |
| 2011-06-07 | Sold | $14,500 |
View on Zillow