About This Home

This 6-bedroom, 4-bathroom residential multi family at 1011 State Street in Alton, IL is listed for $225,000 ($59 per sqft). Built in 1963, the home offers 3,826 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1963
  • 0.21 acre lot

Property Details

4 full
1963

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

1011 State Street

Alton, IL 62002

Not in a subdivision

Property Details

Parking

On Street

Heating

Forced AirNatural Gas

Cooling

Window Unit(s)Wall/Window Unit(s)

Appliances

Gas Water Heater

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 1011 State Street is listed at $225,000 ($59/sqft). The estimated monthly payment is $1,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1963, 0.21 acre lot.

This property is listed by Jason Jackson.

JJ

Jason Jackson

Agent at Tarrant & Harman Real Estate and Auction Co.

Listed by Tarrant & Harman Real Estate and Auction Co. · Broker phone: (618) 433-9436 · View on Broker Site · Broker website

MLS# 26012839· Source: Mid America Regional Information Systems, Inc.· 5 days on PropertySimple

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1011 State Street, Alton, IL 62002

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