Search
Corner Apartment Building with 14 Units
For Sale
$980,000

2705 College Avenue, Alton, IL 62002

MULTI_FAMILY - Other - Alton, IL

Property SizeContact for details
Lot Size0.33 Acres
Days on Market40

Property Features for 2705 College Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Parking features Parking Lot, Open
Basement Dirt Floor
Appliances Gas Water Heater
Subdivision Longs add
Elementary school ALTON DIST 11
Middle school ALTON DIST 11
High school Alton
Elementary school district Alton DIST 11
Middle school district Alton DIST 11
High school district Alton DIST 11
Standard status Active
APN 23-2-08-07-10-102-001
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LONGS E ADD LOT PT 6 7
Tax Annual Amount 16782
Legal Description LONGS E ADD LOT PT 6 7

Utilities

Heating system Natural Gas, Forced Air
Cooling system Electric, Central Air
Water source Public

Amenities

coin-operated laundry

Building Details

Year built 1835
Number of units 14
Building materials Brick, Vinyl Siding
Architectural style Other
Listing Agency: RE/MAX Alliance · RE/MAX International
Listed By: Kevin Huelsmann · License #475123689
Added: Jul 12 Changed: Aug 5 Last Checked: Aug 20 at 6:06PM
MLS# 26017583

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.

Investment Insights

Based on property information with market context.

Corner, two-building apartment property totaling 14 units. The newer building on Clawson Street includes six identical two-bedroom units, and the College Avenue building includes eight units. The property has two coin-operated washers and dryers, and units are inspected between tenants while being well maintained. Tenants pay utilities except for trash service.

Construction materials include brick and vinyl siding. Heating is forced air with natural gas, and cooling is electric central air. A gas water heater is included, and water is provided via public service. Parking is provided with open parking lot spaces.

The property is very near a dental college and is located at 2705 College Avenue in Alton, IL, Madison County. The lot size is 0.33 acres, and the buildings were built in 1835.

Key Highlights

  • Corner property comprised of 2 buildings totaling 14 units
  • Newer Clawson Street building has 6 identical 2‑bedroom units
  • College Avenue building has 8 units

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 - Corner, two-building multifamily with coin laundry and open parking lot on a 0.33-acre site.
Where is this apartment building located?
The property is located at 2705 College Avenue 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: Corner property comprised of 2 buildings totaling 14 units; Newer Clawson Street building has 6 identical 2‑bedroom units; College Avenue building has 8 units
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