GREAT INCOME PRODUCING PROPERTY NEXT TO SIU DENTAL SCHOOL. THIS 3 UNIT RENTAL PROPERTY IS JUST STEPS AWAY FROM THE DENTAL SCHOOL. HAS 1 2 BEDROOM UNIT, AND TWO 1 BEDROOM UNITS. ALL UNITS UNDER ONE YEAR LEASE TERMS. BUILDING HAS ALL NEW WINDOWS. UNITS ALL IN VERY GOOD CONDITION AND HAVE BEEN WELL MAINTAINED. NEW ROOF 2023. ALL KITCHEN APPLIANCES STAY. WASHER AND DRYER IN 2 BEDR OOM UNIT AND ADDITIONAL WASHER DRYER IN LOWER LEVEL. AMPLE OFF STREET PARKING. OWNER RESPONSIBLE FOR WATER/SEWER/TRASH.
Commonly known as the Haagen Haus, this remarkable Civil War-era residence blends timeless elegance, rich history, and exceptional investment potential in the heart of Alton's charming Christian Hill neighborhood. Showcasing over 4,300 square feet of beautifully appointed living space, this fully furnished property features stunning hardwood floors, soaring ceilings, four fireplaces, attractive finishes and fixtures, and views of the iconic Alton Bridge. Currently operating as a successful hospitality-oriented guest house, the property is configured as four separate living units, each with its own kitchen and included appliances, offering incredible flexibility for investors, owner-occupants, or multi-generational living. Generate income by renting all four units, or enjoy the home as your primary residence while leasing one, two, or three additional units to offset ownership costs. The lower-level suite offers a private entrance through a wrought-iron gated courtyard, full lookout windows, a private brick patio, and the perfect setup for an in-law suite, guest quarters, or additional income-producing space. Situated on a prominent corner lot exceeding 9,000 square feet, the outdoor spaces are equally impressive. A private brick-sided courtyard patio with included gazebo provides an inviting setting for entertaining, special events, family gatherings, or peaceful relaxation. Charming brick-lined streets and the character-filled surroundings of Christian Hill further enhance the property's appeal. With an established Airbnb presence, excellent guest reviews, proven rental history, growing tourism demand, low-maintenance management, and furnishings included, this turnkey opportunity is ready for immediate enjoyment and income generation. Whether you're seeking a distinguished historic residence, a thriving hospitality business, or a unique live-and-earn opportunity, the possibilities are truly endless at the Haagen Haus. Courtyard Suite: 1 BR, 1 BA, Larger Unit w/ private courtyard patio access, $2112 rent; Eagle view Suite: 2 BR, 1 BA, two level unit, $1920 Rent; Sky View Suite: 1 BR, 1 BA, $1608 Rent; Garden View Suite: 1 BR, 1 BA, Private Entrance and Garden Patio, $1740 Rent.
Spacious duplex investment opportunity! The front occupied unit offers 2 bedrooms and 1 large bathroom with updates already completed throughout, including fresh paint and a new A/C unit in 2024. This unit features a covered porch, refrigerator, oven/range, and microwave. Newer hot water heater. The kitchen is beautifully updated with quartz countertops and custom cabinetry, and all existing appliances will stay. Newer hardwood flooring runs throughout most of the space, with tile in the bathroom and vinyl plank flooring in the laundry room. The bathroom has also been recently remodeled. The rear unit presents an excellent opportunity for additional rental income. Currently under construction, this possible 2-bedroom, 1-bath unit already has some updated electrical, plumbing, all similar in age to the front unit’s systems. Newer kitchen cabinets and flooring will stay. A brand-new water heater is also included and ready to be connected. Bring your vision and finish this space to maximize the property’s full income-producing potential! Roof and front unit windows were replaced in 2024 as well as some sewer lateral. The unfinished walk-up basement is convenient for your maintenance material storage or could be used for extra rental income. Sold As-Is.
GOOD ALTON INVESTMENT PROPERTY. THIS 2 UNIT 2 BEDROOM DUPLEX BUILT IN 2001. ROOF HAS NEW SHINGLES, NEW WATER HEATER, AND NEWER HVAC. LONG TIME TENANTS. PROPERTY HAS GOOD CASH FLOW AND IS TURN KEY. DUPLEX IS IN VERY GOOD CONDITION. PROPERTY INCLUDES 504 & 506 MARSH.
Solid investment opportunity with this duplex generating steady cash flow. The first unit offers 2 bedrooms and 1 bathroom, previously rented at $1,150 per month. The second unit features 3 bedrooms and 2 bathrooms, recently remodeled with updated finishes and modern appeal, previously bringing in $1,200 per month. Rent hack while you live in one unit and rent the other, making this a turnkey addition to your rental portfolio. Whether you're a seasoned investor or just getting started, this income-producing property is ready to work for you. Cash flow right away with this property!
Investment Opportunity – 4-Unit Multi-Family Property. Each unit features 1 bedroom and 1 bathroom, offering comfortable and efficient living spaces. This property has a strong rental history, with 3 of the 4 units currently occupied by long-term tenants. The vacant unit presents an opportunity for owner-occupancy or to set a new rental rate at current market values. Centrally situated, tenants enjoy convenient access to shopping and dining, making it a desirable location for renters.
THIS IS A MULTI-PACKAGE DEAL! 518-521 Ridge St and 600 Ridge St (These are mixed-use Commercial / Residential Units - 9 Units Total) & 2 additional, vacant lots. Additional parcel numbers included in sale: 23-2-07-12-17-304-008, 23-2-07-12-17-304-010 & 23-2-07-12-17-304-011. LISTED TAXES reflect ONLY 518-521 Ridge St. Gross Operating Income, Net Income and Total Expense reflect Jan - Dec, 2024. Seller updated all but one of the residential units. 520 1/2 Ridge St is vacant and able to be shown. DO NOT DISTURB OTHER TENANTS; Viewing of occupied unit(s) to be coordinated upon an accepted offer. Property being sold as-is, where-is. Information is assumed accurate; Buyer or Buyer's Agent to verify all information.

Alton is located in Illinois. Alton, Illinois has a population of 25,902. Alton is less family-centric than the surrounding county with 23.24% of the households containing married families with children. The county average for households married with children is 30.51%.
The median household income in Alton, Illinois is $45,225. The median household income for the surrounding county is $66,882 compared to the national median of $69,021. The median age of people living in Alton is 38.1 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 41.7 inches per year, with 15.5 inches of snow per year.