Residential Income for Sale: 1001 College Avenue, Alton, IL 62002

5,920 sqft
$500,000
$500,000
1001 College Avenue, Alton, IL 62002
5,920 sqft
$500,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Price:
$500,000

Type Residential Income
Style 2 Story
Total Living Area 5,920 sqft
Square Footage 5,920 sqft
Lot Size 0.29 acres
Year Built 1981
Taxes Paid $4,425

City Alton
County Madison
School District Alton DIST 11
Subdivision Smiths Add

MLS 25079189
Status Pending
DOM 12 days
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.

Room Features

Basement Description Storage Space, Walk-Out Access, Unfinished

Lot & Building Features

Appliances Free-Standing Electric Oven, Water Heater, Refrigerator
Architecture Apartment Style
Construction Vinyl Siding
Cooling Central Air
Heating Forced Air
Parking Description Private, Assigned, Asphalt, Off Street
Tax Year 2024
Taxes Paid $4,425
Water Public

Community and Schools

Elementary School ALTON DIST 11
Junior High School ALTON DIST 11
Senior High School Alton

Price History of 1001 College Avenue, Alton, IL

Date Name Price Difference
12/02/2025 Listing Price $500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1001 College Avenue, Alton, IL

Location Map Street View
Photo of
Listed by Market Pro Realty, Inc, Kelli Angleton
Sold by Market Pro Realty, Inc, Zachary Tucker
$
20%
0.885%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

1001 College Avenue (MLS #25079189) is a 2 story residential income listing located in Alton, IL. This is a residential income listing with a lot of 12,541 sqft (or 0.29 acres). This property was listed on 12/02/2025 and has been priced for sale at $500,000.

Nearby zip codes are 62010, 62024, 62035, 62095 and 63386. This property neighbors other cities such as Bethalto, East Alton, Godfrey, West Alton and Wood River.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Market Pro Realty, Inc

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange