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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
6302 Wenzel Road, Alton, IL 62002 4/3 2,726 $325,000 $340,000
104.6% of ask
Aug 10, 2026
0 Woodland Hills Drive, Alton, IL 62002 0/0 -- $60,000 $55,000
91.7% of ask
Aug 8, 2026
224 Hy Vista Drive, Alton, IL 62002 3/2 1,560 $180,000 $180,000
100% of ask
Aug 7, 2026
2114 Orchard Boulevard, Alton, IL 62002 2/1 825 $79,900 $79,900
100% of ask
Aug 6, 2026
5203 Black Oak Road, Godfrey, IL 62002 3/2 1,486 $135,000 $123,000
91.1% of ask
Aug 5, 2026
3704 Aberdeen Avenue, Alton, IL 62002 4/3 2,279 $189,000 $196,000
103.7% of ask
Aug 4, 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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