Alton, IL Apartment Buildings for Sale

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West Alton, MO Godfrey, IL East Alton, IL

Alton Multifamily Investment Opportunity

$225,000

3,826 SF

Alton Multifamily Investment Opportunity

1011 State Street, Alton, IL 62002

Charming five-unit building in Alton, Illinois, for sale.

Excellent investment opportunity with five apartments
Includes a mix of unit types: efficiency, one‑bedroom, and two‑bedroom
Well‑maintained building with potential for strong rental income
Ample natural light and modern amenities in each apartment
Heating: Forced Air, Natural Gas; Cooling: Multi/Window Units

Updated: Mar 6

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$980,000

0.33 Acres

Alton Multifamily Investment Opportunity

2705 College Avenue, Alton, IL 62002

Two buildings with 14 units near dental college.

Investment opportunity with 14 total units across 2 buildings.
Proximity to Dental College.
Newer building with 6 identical 2‑bedroom units.
Coin‑operated washers and dryers on the property.
Tenants pay utilities (except trash).

Updated: Mar 31

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Former School with Redevelopment Potential

$285,000

33,150 SF

Former School with Redevelopment Potential

Former school building suitable for redevelopment in Alton, Illinois.

121 W Elm Street, Alton, IL 62002

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$285,000

33,150 SF

Former School with Redevelopment Potential

Former school building suitable for redevelopment or community use.

121 W Elm Street, Alton, IL 62002

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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.

32-Unit Multifamily Investment Opportunity

$2,150,000

8,379 SF

32-Unit Multifamily Investment Opportunity

32 units in Florissant, MO with value-add potential.

4 Bruce Drive, Florissant, MO 63031

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$5,000,000

79,258 SF

160-Unit Motel Near St. Louis Airport

Investment opportunity: 160-unit motel suitable for hospitality or apartments.

7350 N Hanley Road, Hazelwood, MO 63042

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$5,000,000

79,258 SF

160-Unit Motel Conversion Opportunity

Rare investment opportunity near St. Louis airport.

7350 N Hanley Road, Hazelwood, MO 63042

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$5,000,000

3.62 Acres

160-Unit Motel Conversion Opportunity

Rare investment opportunity near St. Louis airport.

7350 N Hanley Road, Florissant, MO 63033

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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.

$2,850,000

29.20 Acres

Prime Development Land, Springfield MO

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

N West Bypass, Springfield, MO 65802

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

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

215 N Bear Creek Road, Asheville, NC 28806

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$285,000

0.74 Acres

Norman Land For Luxury Condos

Prime Norman land suitable for luxury condos development.

801 NW 36th Avenue, Norman, OK 73072

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$285,000

0.74 Acres

Buildable Lot for Luxury Condos

0.74 acre buildable lot zoned for low-density apartments.

801 36th Ave NW, Norman, OK 73072

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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.

2500 Donald Ave

APARTMENT HOUSE (5+ UNITS) • 2,485 SF

Value Estimation by Request

2500 Donald Ave, Alton, IL 62002-2817

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310 Ml St

APARTMENT HOUSE (5+ UNITS) • 2,690 SF

Value Estimation by Request

310 Ml St, Alton, IL 62002-6130

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635 5th St

APARTMENT HOUSE (5+ UNITS) • 1,024 SF

Value Estimation by Request

635 5th St, Alton, IL 62002-2679

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418 3rd St

APARTMENT HOUSE (5+ UNITS) • 4,867 SF

Value Estimation

$520,000

418 3rd St, Alton, IL 62002-2411

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319 3rd St

APARTMENT HOUSE (5+ UNITS) • 1,120 SF

Value Estimation by Request

319 3rd St, Alton, IL 62002-2407

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620 9th St

APARTMENT HOUSE (5+ UNITS) • 4,218 SF

Value Estimation by Request

620 9th St, Alton, IL 62002-3623

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10 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 14,976 SF

Value Estimation

$10,365,000

10 Riv Reach Ct, Alton, IL 62002-7393

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9 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 7,920 SF

Value Estimation

$9,575,000

9 Riv Reach Ct, Alton, IL 62002-7396

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13 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 11,900 SF

Value Estimation

$10,230,000

13 Riv Reach Ct, Alton, IL 62002-7395

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6 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 7,920 SF

Value Estimation

$10,810,000

6 Riv Reach Ct, Alton, IL 62002-7389

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14 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 11,998 SF

Value Estimation

$9,910,000

14 Riv Reach Ct, Alton, IL 62002-7391

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5 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 7,920 SF

Value Estimation

$9,475,000

5 Riv Reach Ct, Alton, IL 62002-7388

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17 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 11,988 SF

Value Estimation

$9,860,000

17 Riv Reach Ct, Alton, IL 62002-7397

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702 Milton Rd

APARTMENT HOUSE (5+ UNITS) • 3,691 SF

Value Estimation by Request

702 Milton Rd, Alton, IL 62002-2134

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2614 Grandview Ave

APARTMENT HOUSE (5+ UNITS) • 5,133 SF

Value Estimation

$520,000

2614 Grandview Ave, Alton, IL 62002-2903

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501 Bond St

APARTMENT HOUSE (5+ UNITS) • 2,436 SF

Value Estimation by Request

501 Bond St, Alton, IL 62002-6123

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2705 College Ave

APARTMENT HOUSE (5+ UNITS) • 6,904 SF

Value Estimation

$615,000

2705 College Ave, Alton, IL 62002-4789

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2336 Brown St

APARTMENT HOUSE (5+ UNITS) • 5,766 SF

Value Estimation by Request

2336 Brown St, Alton, IL 62002-3966

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744 Washington Ave

APARTMENT HOUSE (5+ UNITS) • 14,865 SF

Value Estimation

$1,155,000

744 Washington Ave, Alton, IL 62002-2753

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1101 Washington Ave

APARTMENT HOUSE (5+ UNITS) • 18,432 SF

Value Estimation

$1,765,000

1101 Washington Ave, Alton, IL 62002-2808

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Alton, IL Apartment Buildings Investment Opportunities Market Analysis

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 70,126 square feet of properties for sale, with an estimated market value of $795,000.

Sale prices for two-family homes in Alton, IL start at $225,000, averaging $265,000, and reaching up to $285,000 — 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 Strategic Investment

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

Neighborhood	Average Price
62002	$443.8K

Taxes & Financing

Average Loan-to-Value 65.0%

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Alton, IL Apartment Buildings for Sale

Alton Multifamily Investment Opportunity

Charming five-unit building in Alton, Illinois, for sale.

Alton Multifamily Investment Opportunity

Two buildings with 14 units near dental college.

Former School with Redevelopment Potential

Former School with Redevelopment Potential

Opportunities in Nearby Cities

32-Unit Multifamily Investment Opportunity

160-Unit Motel Near St. Louis Airport

160-Unit Motel Conversion Opportunity

160-Unit Motel Conversion Opportunity

Potential Development Sites for Consideration

Prime Development Land, Springfield MO

Asheville Development Opportunity: 5.94 Acres

Norman Land For Luxury Condos

Buildable Lot for Luxury Condos

Off-Market Properties in Alton, IL

2500 Donald Ave

310 Ml St

635 5th St

418 3rd St

319 3rd St

620 9th St

10 Riv Reach Ct

9 Riv Reach Ct

13 Riv Reach Ct

6 Riv Reach Ct

14 Riv Reach Ct

5 Riv Reach Ct

17 Riv Reach Ct

702 Milton Rd

2614 Grandview Ave

501 Bond St

2705 College Ave

2336 Brown St

744 Washington Ave

1101 Washington Ave

Alton, IL Apartment Buildings Investment Opportunities Market Analysis

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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