Alton, IL Apartment Buildings for Sale

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West Alton, MO Godfrey, IL East Alton, IL

Updated: Jun 23

Historic Campus Mixed-Use Opportunity

2009 Seminary Street, Alton, IL 62002

$530,000

35,465 sqft · 39.30 AC lot

Almost 40‑acre campus with three buildings, including classroom, administrative, meeting, dormitory‑style, cafeteria, and gym/recreation spaces
Main administrative/classroom building is about 35,000 SF over four floors with lower‑level cafeteria and classrooms
Gymnasium is over 9,500 SF with a stage and newer roof
Barracks building is about 15,000 SF laid out dormitory style and needs major renovating
Year built 1903; construction materials include brick and stone

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Updated: Mar 7

Two-Story Apartment Building with Five Units

1011 State Street, Alton, IL 62002

$225,000

3,826 sqft · 0.21 AC lot

Two‑story building with 5 apartments: 1 efficiency unit, 2 one‑bedroom apartments, and 2 two‑bedroom residences
Built in 1963
Natural gas forced‑air heating and gas water heater
Cooling provided by wall/window unit(s)
Public water service

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Corner Multifamily with 14 Units

2705 College Avenue, Alton, IL 62002

$980,000

0.33 AC lot

Two-building investment property near the Dental College, offering 14 units and on-site coin laundry.

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Former School with Redevelopment Potential

121 W Elm Street, Alton, IL 62002

$285,000

33,150 sqft

Former school building suitable for redevelopment or community use.

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Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 4 Active listings in Alton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 25 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Apartment Building with Six 1BR Units

2200 Iowa Street, Granite City, IL 62040

$300,000

4,148 sqft · 0.17 AC lot

Brick apartment building with six 1-bedroom units, some updated, featuring a newer roof, parking, and fenced front yard.

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Mixed-Use Retail and Apartments Building

4341 Shreve Avenue, St, Louis, MO 63115

$99,500

5,968 sqft · 0.22 AC lot

Main-level storefronts with separate entrances complement upper single-family style units with private access.

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Multifamily Apartment Building

4158 E Green Lea Place, St, Louis, MO 63115

$60,000

7,636 sqft · 0.19 AC lot

Value-add 8-unit building with a rehab already underway, offering an opportunity to complete restoration after storm damage.

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Multifamily Portfolio in Granite City

2123 Edison, Granite City, IL 8820

$396,000

24-unit multifamily portfolio across multiple properties in Granite City, Illinois.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Norman Land For Luxury Condos

801 NW 36th Avenue, Norman, OK 73072

$285,000

0.74 AC lot

Prime Norman land suitable for luxury condos development.

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Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000

0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Off-Market Properties in Alton, IL

Consider similar Off-Market properties in Alton, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

2500 Donald Ave, Alton, IL 62002-2817

Value Estimation by Request

2,485 sqft · 0.21 AC lot

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APARTMENT HOUSE (5+ UNITS)

310 Ml St, Alton, IL 62002-6130

Value Estimation by Request

2,690 sqft · 0.40 AC lot

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APARTMENT HOUSE (5+ UNITS)

635 5th St, Alton, IL 62002-2679

Value Estimation by Request

1,024 sqft · 0.15 AC lot

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APARTMENT HOUSE (5+ UNITS)

418 3rd St, Alton, IL 62002-2411

$520,000

Estimated value

4,867 sqft · 0.17 AC lot

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APARTMENT HOUSE (5+ UNITS)

319 3rd St, Alton, IL 62002-2407

Value Estimation by Request

1,120 sqft · 0.19 AC lot

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APARTMENT HOUSE (5+ UNITS)

620 9th St, Alton, IL 62002-3623

Value Estimation by Request

4,218 sqft · 0.14 AC lot

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APARTMENT HOUSE (5+ UNITS)

10 Riv Reach Ct, Alton, IL 62002-7393

$10,365,000

Estimated value

14,976 sqft · 0.08 AC lot

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APARTMENT HOUSE (5+ UNITS)

9 Riv Reach Ct, Alton, IL 62002-7396

$9,575,000

Estimated value

7,920 sqft · 0.39 AC lot

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APARTMENT HOUSE (5+ UNITS)

13 Riv Reach Ct, Alton, IL 62002-7395

$10,230,000

Estimated value

11,900 sqft · 0.04 AC lot

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APARTMENT HOUSE (5+ UNITS)

6 Riv Reach Ct, Alton, IL 62002-7389

$10,810,000

Estimated value

7,920 sqft · 0.41 AC lot

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APARTMENT HOUSE (5+ UNITS)

14 Riv Reach Ct, Alton, IL 62002-7391

$9,910,000

Estimated value

11,998 sqft · 0.32 AC lot

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APARTMENT HOUSE (5+ UNITS)

5 Riv Reach Ct, Alton, IL 62002-7388

$9,475,000

Estimated value

7,920 sqft · 0.45 AC lot

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APARTMENT HOUSE (5+ UNITS)

17 Riv Reach Ct, Alton, IL 62002-7397

$9,860,000

Estimated value

11,988 sqft · 0.29 AC lot

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APARTMENT HOUSE (5+ UNITS)

702 Milton Rd, Alton, IL 62002-2134

Value Estimation by Request

3,691 sqft · 0.35 AC lot

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APARTMENT HOUSE (5+ UNITS)

2614 Grandview Ave, Alton, IL 62002-2903

$520,000

Estimated value

5,133 sqft · 0.46 AC lot

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APARTMENT HOUSE (5+ UNITS)

501 Bond St, Alton, IL 62002-6123

Value Estimation by Request

2,436 sqft · 0.10 AC lot

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APARTMENT HOUSE (5+ UNITS)

2705 College Ave, Alton, IL 62002-4789

$615,000

Estimated value

6,904 sqft · 0.39 AC lot

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APARTMENT HOUSE (5+ UNITS)

2336 Brown St, Alton, IL 62002-3966

Value Estimation by Request

5,766 sqft · 0.34 AC lot

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APARTMENT HOUSE (5+ UNITS)

744 Washington Ave, Alton, IL 62002-2753

$1,155,000

Estimated value

14,865 sqft · 0.78 AC lot

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APARTMENT HOUSE (5+ UNITS)

1101 Washington Ave, Alton, IL 62002-2808

$1,765,000

Estimated value

18,432 sqft · 4.00 AC lot

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Alton, IL Apartment Buildings Market Trends and Statistics

Explore 29 apartment buildings for sale in Alton, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 105,591 square feet of properties for sale, with an estimated market value of $1,325,000.

Sale prices for two-family homes in Alton, IL start at $225,000, averaging $331,250, and reaching up to $530,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 30K

Population Growth (5Y) -3.3%

Median Household Income $57,851

College Educated 32.2%

High-Yield Neighborhoods for Investment

Identify Alton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
62002	$461K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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Alton, IL Apartment Buildings for Sale

2009 Seminary Street, Alton, IL 62002

1011 State Street, Alton, IL 62002

2705 College Avenue, Alton, IL 62002

121 W Elm Street, Alton, IL 62002

Opportunities in Nearby Cities

2200 Iowa Street, Granite City, IL 62040

4341 Shreve Avenue, St, Louis, MO 63115

4158 E Green Lea Place, St, Louis, MO 63115

2123 Edison, Granite City, IL 8820

Potential Development Sites for Consideration

N West Bypass, Springfield, MO 65802

215 N Bear Creek Road, Asheville, NC 28806

801 NW 36th Avenue, Norman, OK 73072

801 36th Ave NW, Norman, OK 73072

Off-Market Properties in Alton, IL

2500 Donald Ave, Alton, IL 62002-2817

310 Ml St, Alton, IL 62002-6130

635 5th St, Alton, IL 62002-2679

418 3rd St, Alton, IL 62002-2411

319 3rd St, Alton, IL 62002-2407

620 9th St, Alton, IL 62002-3623

10 Riv Reach Ct, Alton, IL 62002-7393

9 Riv Reach Ct, Alton, IL 62002-7396

13 Riv Reach Ct, Alton, IL 62002-7395

6 Riv Reach Ct, Alton, IL 62002-7389

14 Riv Reach Ct, Alton, IL 62002-7391

5 Riv Reach Ct, Alton, IL 62002-7388

17 Riv Reach Ct, Alton, IL 62002-7397

702 Milton Rd, Alton, IL 62002-2134

2614 Grandview Ave, Alton, IL 62002-2903

501 Bond St, Alton, IL 62002-6123

2705 College Ave, Alton, IL 62002-4789

2336 Brown St, Alton, IL 62002-3966

744 Washington Ave, Alton, IL 62002-2753

1101 Washington Ave, Alton, IL 62002-2808

Alton, IL Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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