2551 Madison Ave
Granite City, IL 62040
2 bd 1 ba 1,080 sqft Built 1915 Lot 4,792 sqft single_family
Most recent sale
$30,000
Apr 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2022 | Sold | $30,000 | MLS #22013541 |
| Mar 16, 2022 | Listed | $29,900 | MLS #11345744 |
| Mar 12, 2022 | Listed | $29,900 | MLS #22013541 |
| Feb 26, 2019 | Listing removed | $68,800 | MARIS |
| Dec 28, 2018 | Listing removed | $68,800 | MARIS |
| Nov 14, 2018 | Listed | $68,800 | MLS #18090046 |
| Jan 8, 2013 | Sold | $54,000 | Public Record |
| Aug 15, 2008 | Listing removed | $84,900 | MARIS |
| Dec 23, 2002 | Sold | $24,500 | MLS #2201114 |
| Jan 28, 2002 | Listed | $31,000 | MLS #2201114 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $20,020 | $2,960 | $22,980 | $1,479 |
| 2023 | $20,020 | $2,960 | $22,980 | $1,400 |
| 2022 | $16,530 | $2,450 | $18,980 | $1,898 |
| 2021 | $15,500 | $2,300 | $17,800 | $1,841 |
| 2019 | $14,030 | $2,090 | $16,120 | $1,747 |
| 2018 | $13,620 | $2,030 | $15,650 | $1,705 |
| 2017 | $13,620 | $2,030 | $15,650 | $1,673 |
| 2016 | $14,120 | $2,110 | $16,230 | $1,706 |
| 2015 | $14,120 | $2,110 | $16,230 | $1,712 |
| 2014 | $14,120 | $2,110 | $16,230 | $1,578 |
| 2013 | $14,120 | $2,110 | $16,230 | $1,538 |
| 2012 | $14,550 | $2,170 | $16,720 | $1,532 |
| 2011 | $15,130 | $2,750 | $17,880 | $1,579 |
| 2010 | $15,430 | $2,810 | $18,240 | $1,532 |
| 2009 | $15,430 | $2,810 | $18,240 | $1,494 |
| 2007 | $16,000 | $2,670 | $18,670 | $1,479 |
| 2006 | $15,330 | $2,560 | $17,890 | $1,429 |
Property facts
Year built
1915
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,080 sqft
Lot size
4,792 sqft
ZIP code
62040
City
Granite City
Street
Madison Ave
Coordinates
38.70866, -90.13559
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$180
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2551 Madison Ave last sell?
2551 Madison Ave most recently sold on Apr 1, 2022 for $30,000.
What is the current tax assessment for 2551 Madison Ave?
The most recent total assessment for 2551 Madison Ave (year 2024) is $22,980 with $1,479 in property tax.
How does 2551 Madison Ave's assessment compare to its last sale price?
The current assessment is 23.4% below the last sale price of $30,000.
When was 2551 Madison Ave built?
2551 Madison Ave was built in 1915.
How does 2551 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 2551 Madison Ave?
2551 Madison Ave is a 2 bed, 1 bath, 1,080 sqft, 4,792 sqft lot single_family.
Is 2551 Madison Ave a flip candidate?
No — 2551 Madison Ave does not appear in our flips dataset.
Is 2551 Madison Ave a tax-appeal candidate?
No — 2551 Madison Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
0.0%
2026 Q3
$137.4K
2026 Q4
$137.4K
ZIP 62040 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison Ave