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1011 State Street, Alton, IL, 62002

This charming two-story building features five well-appointed apartments, making it an excellent investment opportunity. The layout includes one cozy efficiency unit, two, one-bedroom apartments, and two spacious two-bedroom residences, catering to a variety of tenant needs. Each apartment offers comfortable living spaces, with ample natural light and modern amenities. The property is well-maintained, with a welcoming exterior and potential for strong rental income. Ideal for investors looking to enhance their portfolio, this building is perfectly positioned for both long-term and short-term rentals. Property to be SOLD AS IS. Seller to make no repairs. Please do not disturb tenants.

Subdivision: Not in a subdivision

List Price

$ 225,000

Status

Active

Days on market

0

MLS#

26012839

Bedrooms

0

Full baths

0

Sq. Ft. Above

3,826

Subdivision

Not in a subdivision

School District

Alton DIST 11

County

Madison-IL

Property Type

Residential Income

Style

Other

Type

Residential Income

Additional Information

Property Tax (2023)

$3,079

Recent Nearby Sales in 62002

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
240 Herbert Street, Alton, IL 62002 2/2 938 $136,000 $140,000
102.9% of ask
Aug 24, 2026
3518 Oscar Avenue, Alton, IL 62002 3/1 1,168 $40,000 $43,000
107.5% of ask
Aug 24, 2026
3404 Agnes Boulevard, Alton, IL 62002 3/1 1,048 $149,900 $149,900
100% of ask
Aug 21, 2026
2714 Brown Street, Alton, IL 62002 2/1 1,090 $124,000 $126,000
101.6% of ask
Aug 21, 2026
6607 Wenzel Road, Alton, IL 62002 3/2 1,382 $275,000 $270,000
98.2% of ask
Aug 21, 2026
2408 Alby Street, Alton, IL 62002 3/2 1,699 $182,500 $180,000
98.6% of ask
Aug 21, 2026

Price & Listing History

Listed for sale
Mar 6, 2026 at $225,000
Current status: Active
As of Jun 6, 2026 · $225,000

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