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4-Unit Quadplex
For Sale
$220,000

1309 Willard Avenue, Alton, IL 62002

All four units are occupied by long-term tenants.

Property Size3,120 SF
Days on Market11

Property Features for 1309 Willard Avenue

General Information

Standard status Active
Size 3,120 SF
Property subtype Residential Income
Occupancy 100%

Additional Details

Multifamily Units 4
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,172

Building Details

Building Size 3,120 SF
Year Built 1948
Units 4
Listing Agency: Flowers Home Realty
Listed By: Marletta Flowers · License #2006018112
Source: Flowershomerealty
Added: Oct 15 Changed: Oct 23 Last Checked: Oct 23 at 3:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flowers Home Realty

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Investment Insights

Based on property information with market context.

This four-unit multifamily property was built in 1948. Each unit is currently rented, with long-term tenants in place.

Key Highlights

  • Four units, all currently rented
  • Long‑term tenants in place
  • Built in 1948

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby

Demographics for 62002, IL

30,176
Population
14,832
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
41.3 sq mi
ZIP Area
731
Density / Sq Mi
$57,851
Median Household Income
$38,120
Median Earnings
$941
Median Rent
$114,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All four units are occupied by long-term tenants.
Where is this quadplex located?
The property is located at 1309 Willard Avenue Alton, IL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Four units, all currently rented; Long‑term tenants in place; Built in 1948
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