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$40,000 Pending

1411 Seminary Street, Alton, IL, 62002

3 bd | 2 ba | 1,395 sq ft | Cottage,Historic,Other,Traditional
Subdivision: Lowes W C Hrs Sub
This spacious historic home offers a rare opportunity to complete a renovation that is already well underway. Much of the demolition has been completed, exposing the home's original framing and allowing the next owner to focus on rebuilding rather than tear-out. Electrical updates have already begun, providing a valuable head start while leaving the finish selections and final design to the next owner. Originally constructed in 1935, the home reflects the clean lines and practical craftsmanship of the Minimal Traditional movement, blending the timeless character of Cape Cod and Colonial Revival architecture with a simpler, more refined approach to residential design. Its steep rooflines, original staircase, substantial wood doors, oversized windows, and thoughtfully proportioned living spaces remain as reminders of that enduring, beautiful architectural character of its era. Unlike many historic homes that have lost their defining character over time, this home still retains many of the architectural elements that make restoration both rewarding and worthwhile. Many of the home's original architectural details remain intact and are ready to become part of its next chapter. The awe-inspiring original divided-light wood front door has welcomed generations of visitors and remains one of the home's defining architectural features, offering a glimpse of the craftsmanship that continues throughout the interior. Original five-panel wood doors, exposed brick, tall ceilings, oversized windows, and a substantial staircase further reflect the quality of craftsmanship that defines historic homes. The original trim has been carefully removed, labeled, and preserved, ready to be reinstalled as the home's restoration continues. The enclosed second-floor sleeping porch—an increasingly rare hallmark of many homes from this era—offers a unique space that could once again become a light-filled office, reading room, studio, or private retreat. Large original windows fill the home with natural light, further highlighting the proportions and craftsmanship that make historic homes so enduringly appealing. The generous room sizes and flexible floor plan provide numerous possibilities depending on your goals. Whether restoring the home for resale, adding it to a long-term rental portfolio, or creating a personal residence, much of the discovery work has already been completed, allowing renovation plans to move forward more efficiently. The home's original layout and architectural integrity remain remarkably intact, providing an excellent foundation for restoration. Its location adds to the investment appeal. Situated just minutes from the Southern Illinois University School of Dental Medicine, Alton Memorial Hospital, OSF Saint Anthony's Health Center, and the surrounding medical corridor, the property is well positioned for long-term rental demand from students, faculty, healthcare professionals, and traveling nurses. Owner-occupants may also wish to explore renovation financing options, including FHA 203(k) and Fannie Mae HomeStyle® loans, which can allow qualified buyers to finance both the purchase and renovation through a single mortgage. Whether your plans involve restoring its historic character, creating a quality rental property, or completing a renovation for resale, this property offers the space, character, architectural integrity, and solid foundation to bring that vision to life. Selected as part of the Penthouse Restoration Collection for its exceptional opportunity, untapped potential, and distinctive character, this home invites investors, renovators, and future homeowners to create lasting value through thoughtful restoration, strategic renovation, and inspired design.

Status: Pending · MLS# 26046831 · Listing Courtesy of Worth Clark Realty, [email protected]

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Facts and features

List Price

$ 40,000

Status

Pending

Days on market

0

MLS#

26046831

Bedrooms

3

Full baths

2

Sq. Ft. Above

1,395

Subdivision

Lowes W C Hrs Sub

Municipality

Alton

School District

Alton DIST 11

County

Madison-IL

Property Type

Residential

Style

Cottage,Historic,Other,Traditional

Type

Residential

Additional Information

Property Tax (2024)

$1,453

Room Dimensions

Main level
Living Room
0X0 Level i
Kitchen
0X0 Level i
Dining Room
0X0 Level i
Primary Bedroom
0X0 Level i
Bathroom
0X0 Level i
Upper level
Bedroom 2
0X0 Level p
Bedroom 3
0X0 Level p
Sitting Room
0X0 Level p
Bathroom
0X0 Level p
Sunroom
0X0 Level p

Recent Nearby Sales in 62002

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
814 E 5th Street, Alton, IL 62002 2/1 1,378 $1,250 $1,250
100% of ask
Nov 10, 2026
2216 State Street, Alton, IL 62002 0/0 -- $225,000 $189,000
84% of ask
Nov 10, 2026
510 Summit Street, Alton, IL 62002 2/1 900 $125,000 $120,000
96% of ask
Nov 10, 2026
4305 Briarcliff Drive, Godfrey, IL 62002 3/2 1,396 $250,000 $245,000
98% of ask
Nov 9, 2026
6409 Alpha Drive, Alton, IL 62002 3/2 1,512 $205,000 $212,667
103.7% of ask
Nov 9, 2026
2918 Sanford Avenue, Alton, IL 62002 2/1 784 $50,000 $48,900
97.8% of ask
Nov 6, 2026

Price & Listing History

Listed for sale at $40,000
Jul 27, 2026
Current status: Pending
As of Aug 28, 2026 · $40,000

Every time this home was on the market

Prior listings, expired and canceled listings, days on market, price changes and sold prices from MARIS MLS records.

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Most MLS-recorded sales near this home

Most closed sales in the last 12 months around this address, listing side and buyer side, plus this listing agent's record.

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