Two-Story Apartment Building with Five Units

1011 State Street, Alton, IL 62002

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For Sale

$225,000

MULTI_FAMILY - Alton, IL

Property size:

3,826 SF

Lot size:

0.21 Acres

Price / SF:

$58/SF

HighLights

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
Parking available on street; property sold as‑is with seller making no repairs (tenants not to be disturbed)

We can help!

Contact an agent

Jason Jackson

For Sale

$225,000

MULTI_FAMILY - Alton, IL

Property size:

3,826 SF

Lot size:

0.21 Acres

Price / SF:

$58/SF

Added:: Mar 7, 2026
Days on Market:: 115
Last Refresh:: Jun 30 at 2:06 pm

Property Features for 1011 State Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 6
Bathrooms: 4
Rooms: Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 1
Parking features: On Street
Appliances: Gas Water Heater
Standard status: Active
APN: 23-2-07-11-13-304-006
Size: 3,826 SF
Lot size: 0.21 Acres

Taxes and HOA fees

Tax Year: 2023
Tax Annual Amount: 3079

Utilities

Heating system: Natural Gas, Forced Air
Cooling system: Wall/Window Unit(s), Window Unit(s)
Water source: Public

Building Details

Year built: 1963
Number of units: 5

We can help!

Contact an agent

Jason Jackson

Listing agent Jason Jackson License #475187519

Listing office Tarrant and Harman Real Estate and Auction Co 3644 Fosterburg Rd., Alton, IL

Listing date Mar 7, 2026

MLS# 26012839 Listing URL

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

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
Parking available on street; property sold as‑is with seller making no repairs (tenants not to be disturbed)

Overview

This two-story, multi-unit apartment building contains five well-appointed apartments. The unit mix includes one efficiency apartment, two one-bedroom apartments, and two two-bedroom residences. The property is described as well-maintained, with a welcoming exterior and comfortable interior living spaces designed for everyday use.

The building is located at 1011 State Street in Alton, Illinois (Madison County). The asset sits on a small lot totaling 0.2066 acres and has an overall property size of 3,826 square feet.

The tenant mix supports a range of household needs, from smaller living situations in the efficiency unit to more space in the two-bedroom apartments. The sale is offered as-is, with the seller making no repairs, and tenants should not be disturbed. This configuration may appeal to investors or owner-operators seeking a compact residential income property with a diversified unit mix within a five-unit structure.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Alton
County: Madison
State: Illinois
Longitude: -90.192045
Latitude: 38.897211

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For sale
Apartment buildings
IL
Alton
62002
1011 State Street

What type of property is this?

Apartment building - Well-maintained, five-unit rental building offers a mix of efficiency, one-bedroom, and two-bedroom apartments.

Where is this apartment building located?

The property is located at 1011 State Street Alton, IL.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: 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

1011 State Street, Alton, IL 62002

MULTI_FAMILY - Alton, IL

Property Features for 1011 State Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant and Warehouse Property

Turn-Key Automotive Shop Opportunity

Mixed-Use Retail and Residential Building

Former School Building

Medical Office Building with Parking

Former Bank Building on Parkway

Historic Campus Mixed-Use Opportunity

Duplex Income Property with Two Units

Flex Office Warehouse with Overhead Doors

Industrial Flex Property with Frontage

Commercial Flex with Garage Workshop

Corner Multifamily with 14 Units

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