1001 College Ave, Alton, IL 62002

$490,000
5,920
SqFt

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Sold Price
$490,000
List Price
$500,000
Closing Date
Feb 18, 2026
Days on Market
78
MLS#
25079189
Status
CLOSED
Living Sq. Ft
5,920
Lot Size
12,540
Acres
0.29
Year Built
1981
Subdivision
Smiths Add
Municipality
Alton
County
Madison
Listing Type
Multifamily

Property Description

Back on market, due to NO FAULT of seller. Looking to expand your property portfolio? Two buildings including 6 townhouses available that are turn key, and newly remodeled. New roof on both buildings, new siding, newly asphalted and lined designated parking spaces (2 per unit), new fencing in back and side of buildings. Security cameras and dumpster for tenants can convey to new owner. Inside all townhouses have 200 amp breaker panels, new furnace/air conditioners, and brand new re-built balconies in the back of unit. Two buildings make up the 6 units, with one duplex and a quadplex-all units are 2 Bedroom 1.5 Bathroom townhouses with main level laundry. All units include two large bedrooms upstairs, with dual closets, a storage closet, and full bathroom with shower/bath (almost all are completed remodeled). Downstairs on the main level all 6 units have newer vinyl plank installed in the living room/dining area, kitchens are galley style while still offering plenty of cabinetry and counter space, along with another half bathroom and main floor laundry room. One unit has side by side laundry, the other 5 have stackable washer/dryers. All appliances will stay in the units. This owner has done all of the handwork, all units are on yearly leases and occupied. Nothing left to do, but take over and collect rent! Contact your agent today for a showing.

Additional Information

School District
Alton DIST 11
Elementary School
ALTON DIST 11
Jr. High School
ALTON DIST 11
Sr. High School
Alton
Parking Description
Asphalt, Assigned, Off Street, Private
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Market Pro Realty, Inc. Selling Office: Tarrant and Harman Real Estate and Auction Co.

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