Back to Search Results

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
5212 Wick Way Drive, Alton, IL 62002 3/2 1,170 $205,000 $205,000
100% of ask
Sep 4, 2026
3208 Batson Drive, Alton, IL 62002 0/0 1,072 $98,500 $87,500
88.8% of ask
Sep 3, 2026
48 E Woodfield Drive, Alton, IL 62002 0/0 -- $40,000 $40,000
100% of ask
Sep 2, 2026
3501 Bloomer Drive, Alton, IL 62002 4/2 932 $110,000 $110,000
100% of ask
Sep 1, 2026
3219 Duco Street, Alton, IL 62002 2/1 625 $59,000 $55,000
93.2% of ask
Aug 31, 2026
1238 Brown Street, Alton, IL 62002 0/0 2,442 $165,000 $155,000
93.9% of ask
Aug 31, 2026

Price & Listing History

Listed for sale
Mar 6, 2026 at $225,000
Current status: Active
As of Sep 5, 2026 · $225,000

Mortgage Estimator

Estimate your monthly payment. Adjust the sliders below.

Estimated Monthly Payment
$0
Principal & Interest: $0 · Tax: $0 · Ins: $0
Loan Amount: $0
Total Interest: $0
Total of Payments: $0
A Guerrilla Brokers, LLC agent will connect you with a trusted local lender.

Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.