Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    612 Mechanic St Alton, IL 62002

    Picture of Quadplexes at Mechanic St 612, Alton, IL
    For Sale
    $159,000

    Residential Income - Alton, IL

    Property size:
    1,594 SF
    Lot size:
    0.17 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 612 Mechanic St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    23-2-07-11-20-404-038
    Size
    1,594 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1901
    Floors in Building
    2
    Number of units
    4
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Tarrant & Harman Real Estate and Auction Co. (618) 433-9436 [email protected]

    Listing agent Jason Jackson (618) 433-9436 License #475187519

    Listing date Oct 23, 2025

    MLS# 25071809 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Alton, IL Four-Unit Multifamily Property

    This four-unit multifamily property presents an investment opportunity. Each unit includes one bedroom and one bathroom, providing efficient living spaces. The property has a strong rental history, with three of the four units currently occupied by long-term tenants. The vacant unit offers an opportunity for owner-occupancy or to set a new rental rate. The property is centrally situated, providing tenants with convenient access to shopping and dining. The property is located in Alton, IL, and the lot size is 0.1653 acres. The building size is 1594 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.179829
    Latitude
    38.893508

    Nearby Similar for Sale

    • $225,000
      3,062 SF

      Commercial Building with Income Apartment

      All-brick commercial building with income-producing apartment in high-traffic area.
      2248 E Broadway, Alton, IL 62002
      View Details
    • $350,000
      0.04 Acres

      Turnkey Bar with Income Potential

      Established bar in downtown Alton with gaming and apartment.
      314 State St, Alton, IL 62002
      View Details
    • $260,000
      14,137 SF

      Alton Commercial Property with Income Potential

      Versatile commercial property with storefronts, warehouses, and expansion possibilities.
      909 Milton Rd, Alton, IL 62002
      View Details
    • New
      $340,000
      19,534 SF

      Former Bank Building in Alton

      Versatile commercial property with ample parking and finished lower level.
      1520 Washington Ave, Alton, IL 62002
      View Details
    • $220,000
      1,443 SF

      Alton Multifamily Property with Cottage

      Multifamily property featuring a main residence and separate cottage.
      3302 College Ave, Alton, IL 62002
      View Details
    • $4,000,000
      64,800 SF

      Medical Office Building For Sale

      64,800 SF medical office building on 4.3 acres.
      1 Professional Dr, Alton, IL 62002
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property with strong rental history in Alton, IL.
    Where is this quadplex located?
    The property is located at 612 Mechanic St Alton, IL.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: - Strong rental history with 3 of 4 units currently occupied.; - Investment opportunity with potential for immediate income.; - Vacant unit allows for owner-occupancy or increased rental income.
    (618) 433-9436
    Request Owner's contact information
    612 Mechanic St Alton, IL 62002
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    612 Mechanic St
    Alton, IL 62002
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    612 Mechanic St Alton, IL 62002
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.