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    East Alton, IL
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    East Alton, IL Multifamily Properties for Sale

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    Wood River, IL Alton, IL Cottage Hills, IL Roxana, IL Bethalto, IL Hartford, IL South Roxana, IL Godfrey, IL
    Duplex with Three-Bedroom Units
    Updated: Jul 22
    Duplex with Three-Bedroom Units

    613 Reed Drive, East Alton, IL 62024

    $120,000
    1,625 sqft 0.05 AC lot
    Duplex with two 3‑bedroom, 1‑bath units
    Tenants pay all utilities
    Central heat and air with new HVAC units
    Natural gas forced‑air heating and central air cooling
    Built in 1940 with aluminum and vinyl siding
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in East Alton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building With Apartments
    Mixed-Use Building With Apartments

    602 Wood River Avenue, Wood River, IL 62095

    $60,000
    2,555 sqft 0.14 AC lot

    The main level includes commercial space with a three-quarter bath and room for a kitchenette.

    View details
    Duplex with Two One-Bedroom Units
    Duplex with Two One-Bedroom Units

    3208 Batson Drive, Alton, IL 62002

    $98,500
    1,072 sqft 0.12 AC lot

    Duplex with two one-bedroom apartments, each with a one-year lease, plus a two-car detached garage.

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    Duplex with Off-Street Parking
    Duplex with Off-Street Parking

    504 MARSH Avenue, Alton, IL 62002

    $119,000

    Two-bedroom duplex built in 2001 with newer HVAC, new water heater, and roof shingles.

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    Mixed-Use Building with Two Apartments
    Mixed-Use Building with Two Apartments

    258 E Ferguson Ave, Wood River, IL 62095

    $95,000

    Unfinished main level with bathroom plumbing and upstairs two 1-bedroom units, plus shared access to a garage via alley.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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    Off-Market Properties in East Alton, IL

    Consider similar Off-Market properties in East Alton, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    105 Shamrock St
    APARTMENT HOUSE (5+ UNITS)

    105 Shamrock St, East Alton, IL 62024-1150

    $1,135,000
    Estimated value
    750 sqft 0.20 AC lot
    View details
    305 Bowman Ave
    APARTMENT HOUSE (5+ UNITS)

    305 Bowman Ave, East Alton, IL 62024-1469

    $145,000
    Estimated value
    1,380 sqft 0.15 AC lot
    View details
    632 Broadway
    APARTMENT HOUSE (5+ UNITS)

    632 Broadway, East Alton, IL 62024-1221

    $275,000
    Estimated value
    1,008 sqft 0.14 AC lot
    View details
    119 Shamrock St
    APARTMENT HOUSE (5+ UNITS)

    119 Shamrock St, East Alton, IL 62024-3100

    $310,000
    Estimated value
    320 sqft 0.09 AC lot
    View details

    East Alton, IL Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in East Alton, IL on our real estate platform. These investment opportunities span a total of 1,625 square feet of properties for sale, with an estimated market value of $120,000.

    Sale prices for multifamily properties in East Alton, IL average $120,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 9,465
    Population Growth (5Y) -4.6%
    Median Household Income $60,775
    College Educated 27.8%

    High-Yield Neighborhoods for Investment

    Identify East Alton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62024 $120K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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