Improved Commercial Land for Sale in Granite City, Illinois
464 W Pontoon Rd, Granite City, IL 62040
Unlock the passive income-generating potential of this 19.97-acre industrial gem--just 2.5 miles from I-270 & highly visible to 15,400 vehicles daily on Route 3. Zoned M-1 for light manufacturing, this flat, fully serviced site is a prime candidate for an expanded self-storage operation. Already equipped with a 5-acre gravel lot perfect for truck, trailer, and RV storage, the property is currently used for modest self-storage, bringing in $1,285/month in rent--without any marketing or signage. Imagine the returns with even modest promotion, signage facing Route 3, and the addition of fixed storage units. All major utilities in place--including water (Illinois American Water), sewer (Metro East Sanitary), & power and gas (Ameren Illinois)--this site is plug-and-play for investors looking to scale. Formerly used for trucking storage and repair, it's ideally suited for continued vehicle storage, contractor yards, or a high-demand self-storage complex w/ outdoor and climate-controlled options. Location: High Traffic
Location
- Street address
- 464 W Pontoon Rd
- County
- Madison County
- Elevation
- 423 feet
Property details
- Acreage
- 19.95 acres
- MLS #
- MARIS 25029911
- Posted
Property taxes
- 2023
- $1,653
Parcels
- 21-1-19-01-00-000-017
Resources
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Unimproved Land
Exterior
- Parking
- Driveway
Structure
- Materials
- Metal Siding
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 5, 2025 | Under contract | $790,000 | — | MARIS |
| Sept 26, 2025 | Price drop | $790,000 | $110,000 -12.2% | MARIS |
| July 11, 2025 | Price drop | $900,000 | $300,000 -25% | MARIS |
| May 9, 2025 | New listing | $1,200,000 | — | MARIS |