8 Terrace Ln

Granite City, IL 62040

$285,000
Price
4
Beds
2,306 Sq. Ft.
$124 / Sq. Ft.
2,306
Sq. Ft.
$124
per Sq. Ft.

Description

Find your fresh start to the new year in this beautiful all brick ranch in the lovely Oaklawn Terrace Subdivision. From the spacious 4 bedrooms to the updated 2.5 baths, this home is a must see. The large sunken living room has a stunning picture window with views of the front yard and allows amazing natural light. The chef's kitchen is spacious with ample work space, room to gather, breakfast nook, and rolling island for additional counter space. Formal dining room or family room features hard wood...Find your fresh start to the new year in this beautiful all brick ranch in the lovely Oaklawn Terrace Subdivision. From the spacious 4 bedrooms to the updated 2.5 baths, this home is a must see. The large sunken living room has a stunning picture window with views of the front yard and allows amazing natural light. The chef's kitchen is spacious with ample work space, room to gather, breakfast nook, and rolling island for additional counter space. Formal dining room or family room features hard wood floors, wood burning fireplace, and access to backyard. Four bedrooms on the main all feature hard wood floors. Two full bathrooms have been completely updated with tile floors, new vanities, and classic character. Laundry room and the updated half bathroom round out the main level. Unfinished lower level has great potential as workspace, storage, and additional laundry area. The dual zoned heating and cooling will keep you warm this winter and cool in the summers. The fenced backyard is spacious with patio area for entertaining, cookouts, or play with shed for additional storage. All appliances are included as well as patio furniture. You can pack your bags and be home to start off the new year at 8 Terrace Lane.
  1. Listed by Karen Marcus • RE/MAX Alliance
  2. Listed by Betsy Butler • RE/MAX Alliance

Property Details for 8 Terrace Lane

Architectural Style
Traditional
Waterfront
No
LISTING UPDATED: 12/16/2025 10:38 AM

Property Details for 8 Terrace Lane

StatusActive
MLS #25078901
Days on Market23
Taxes$5,597 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1963
Lot Size0.36 AC / 15,681 SF
CountyMadison County IL

Location

Listing Courtesy of RE/MAX Alliance
Add your commute

Building Information for 8 Terrace Lane

Stories-Year Built1963Building Size-Lot Size0.36 AC / 15,681 SF

Payment Calculator

$1,875 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,408

Property Taxes

$466

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8 Terrace Lane

Summary
Location and General Information
  • City: Granite City
  • County Or Parish: Madison
  • Latitude: 38.72967
  • Longitude: -90.119338
  • Postal Code: 62040
  • State Or Province: IL
  • Sub division Name: Oaklawn Terrace
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 22-2-20-08-07-202-017
  • Tax Annual Amount: $5,597.00
  • Tax Legal Description: OAKLAWN TERRACE LOT 8 210.7X152.5 IRR
  • Tax Year: 2024
Owner
  • Township: Granite City
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
School Information
  • Elementary School: GRANITE CITY DIST 9
  • High School: Granite City
  • High School District: Granite City DIST 9
  • Middle Or Junior School: GRANITE CITY DIST 9
Property
Lot Information
  • Living Area: 2306.0
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Size Acres: 0.36
  • Lot Size Dimensions: 210.7X152.5 IRR
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 15681.6
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Property and Assessments
  • Above Grade Finished Area: 2306.0
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Owner
  • Documents Available: Legal Description
  • Documents Count: 1
  • Photos Count: 27
  • Year Built: 1963
  • Disclosures: Seller Property Disclosure
  • Construction Materials: Brick
Utilities
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Back Yard
  • Pool Private: No
Interior Features
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Oven, Refrigerator, Washer
  • Basement: Crawl Space, Partial, Storage Space, Unfinished
  • Basement YN: Yes
  • Levels: One
  • Main Level Bedrooms: 4.0
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Cooling: Central Air, Zoned
  • Fireplace Features: Dining Room
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Heating: Forced Air, Zoned
  • Laundry Features: In Basement, Main Level
  • Rooms Total: 9
Room Information
Room 1
  • Room Dimensions: 20x16
  • Room Length: 20.0
  • Room Level: Main
  • Room Type: Living Room
  • Room Width: 16.0
Room 2
  • Room Dimensions: 17x12
  • Room Length: 17.0
  • Room Level: Main
  • Room Type: Kitchen
  • Room Width: 12.0
Room 3
  • Room Dimensions: 20x13
  • Room Length: 20.0
  • Room Type: Dining Room
  • Room Width: 13.0

Property History for 8 Terrace Lane

DateEvent & SourcePriceAppreciation
Dec 16, 2025

Price Change

MARIS #25078901

$285,000—
Dec 1, 2025

Listed (Active)

MARIS #25078901

$290,000—
Jun 17, 2016

Closed (Public Record)

Public Record #576522786

$148,000

+1.9% / yr

Aug 27, 2004

Closed (Public Record)

Public Record #143531240

$119,000—
DateEvent & SourcePrice
12/16/2025

Price Change

MARIS #25078901

$285,000
12/01/2025

Listed (Active)

MARIS #25078901

$290,000
06/17/2016

Closed (Public Record)

Public Record #576522786

$148,000

+1.9% / yr

08/27/2004

Closed (Public Record)

Public Record #143531240

$119,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8 Terrace Lane

Taxable ValueLand$11,030Additions$59,190Total$70,220
Tax Record2024$5,597 ($466 / month)
Home Facts
Beds5Baths1Total Finished SqFt2,306 SqFtAbove Grade Finished SqFt2,306 SqFtStories1Lot Size15,682 SqFtStyleSingle Family ResidenceYear Built1963CountyMADISONAPN22-2-20-08-07-202-017Fireplace TypeHas Fireplace

Schools near 8 Terrace Lane

This home is within Granite City Community Unit School District 9.
Rating
School
Type
Grades
Distance
Frohardt Elementary School
Public - 3 to 4
Coolidge Middle School
Public - 7 to 8
Granite City High School
Public - 9 to 12
Maryville Elementary School
Public - 1 to 2
Rating
School
Distance
Frohardt Elementary School
Public3 to 4

Coolidge Middle School
Public7 to 8

Granite City High School
Public9 to 12

Maryville Elementary School
Public1 to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 8 Terrace Lane, Granite City, IL 62040

8 Terrace Lane is a single family home for sale in Granite City, IL 62040. This property was listed for sale on December 1, 2025 by RE/MAX Alliance, it's currently listed at $285,000. It has been on the market for a total of 23 days and was last sold on June 17, 2016. This listing's school district is Granite City Community Unit School District 9. Nearby schools include Frohardt Elementary School, Coolidge Middle School and Granite City High School. 8 Terrace Lane is a 4-bed, 3-bath, 2,306 sqft single family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Alliance

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/25/2025 09:24 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.