Search
Two-Building Apartment Property
For Sale
$980,000

2705 College Ave, Alton, IL 62002

Multifamily asset near the Dental College with coin-operated laundry and tenant-paid utilities, excluding trash service.

Property SizeContact for details
Days on Market40

Property Features for 2705 College Ave

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 6 x 2BR
Multifamily Units 14

Amenities

coin-operated laundry

Building Details

Year Built 1835
Buildings 2
Listing Agency: RE/MAX Alliance
Listed By: Kevin Huelsmann · License #475123689
Source: Nations-network
Added: Jul 22 Changed: Aug 30 Last Checked: Aug 25 at 5:14AM

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 RE/MAX Alliance

Investment Insights

Based on property information with market context.

This corner multifamily property includes two buildings and 14 apartment units. The Clawson Street building contains six matching two-bedroom apartments, while the College Avenue building adds eight additional units. Units are inspected between tenant occupancies and described as well maintained. Two coin-operated washers and dryers serve the property, providing an on-site laundry feature for residents.

The property is located near the Dental College at 2705 College Avenue in Alton, Illinois. Tenants are responsible for utility costs, while trash service remains the property’s responsibility. The buildings carry a recorded year built of 1835, and the offering is identified as agent owned.

Key Highlights

  • 14 units across 2 buildings
  • Six 2‑bedroom apartments in the Clawson Street building
  • Eight additional units in the College Avenue building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units

Location Intelligence

Trade Area within ½ mile

467
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily asset near the Dental College with coin-operated laundry and tenant-paid utilities, excluding trash service.
Where is this apartment building located?
The property is located at 2705 College Ave Alton, IL.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: 14 units across 2 buildings; Six 2‑bedroom apartments in the Clawson Street building; Eight additional units in the College Avenue building
More about this property
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