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2976 Madison Ave

Granite City, IL 62040

2 bd 1 ba 866 sqft Built 1922 Lot 4,800 sqft single_family
Most recent sale
$34,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $34,000 MLS #22030144
May 12, 2022 Listed $42,000 MLS #22030144

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $18,500 $2,960 $21,460 $1,870
2023 $18,500 $2,960 $21,460 $1,841
2022 $15,270 $2,450 $17,720 $672
2007 $12,520 $2,670 $15,190 $101
2006 $11,990 $2,560 $14,550 $101

Property facts

Year built
1922
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
866 sqft
Lot size
4,800 sqft
ZIP code
62040
City
Granite City
Street
Madison Ave
Coordinates
38.71585, -90.12551

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$204
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2976 Madison Ave last sell?
2976 Madison Ave most recently sold on Jul 8, 2022 for $34,000.
What is the current tax assessment for 2976 Madison Ave?
The most recent total assessment for 2976 Madison Ave (year 2024) is $21,460 with $1,870 in property tax.
How does 2976 Madison Ave's assessment compare to its last sale price?
The current assessment is 36.9% below the last sale price of $34,000.
When was 2976 Madison Ave built?
2976 Madison Ave was built in 1922.
How does 2976 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 2976 Madison Ave?
2976 Madison Ave is a 2 bed, 1 bath, 866 sqft, 4,800 sqft lot single_family.
Is 2976 Madison Ave a flip candidate?
No — 2976 Madison Ave does not appear in our flips dataset.
Is 2976 Madison Ave a tax-appeal candidate?
No — 2976 Madison Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
0.0%
Implied 1-yr
0.0%
2026 Q3
$137.4K
2026 Q4
$137.4K
ZIP 62040 — Median Price History + Forecast

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