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Financial
Distress signals
Property profile

2705 College Ave Alton, IL 62002

FOR SALE
Other apartment buildings
Property ID
US28-1738819
6,904 SF 0.39 ac lot
Last sale May 2016 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of two apartment buildings totaling 14 units on a 0.33-acre parcel. The Clawson Street building contains six matching two-bedroom apartments, and the College Avenue building contains eight additional units. Construction features brick with vinyl siding. The heating system is natural-gas forced-air, and the cooling system is electric central air. The property is served by a public water supply and includes two coin-operated washer and dryer sets for resident use. Units are…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value$169k
Assessed land$6k
Assessed improvement$163k
Effective rate8.77%

Value estimate

· Oct 2026
$325k
$293k – $358k
CAP approach$735k
Submarket $/SF estimate$782k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$504/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$84 – $982

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.4
Law Firm14.0
Hair Salon13.6

Location

2705 College Ave Alton, IL 62002
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
620 9th, Alton, IL 62002-3623 $139,000 Aug 2022 4,218 SF
6 Riv Reach, Alton, IL 62002-7389 $10,900,000 Feb 2022 7,920 SF
5 Riv Reach, Alton, IL 62002-7388 $10,900,000 Feb 2022 7,920 SF
9 Riv Reach, Alton, IL 62002-7396 $10,900,000 Feb 2022 7,920 SF
13 Riv Reach, Alton, IL 62002-7395 $10,900,000 Feb 2022 11,900 SF
2614 Grandview, Alton, IL 62002-2903 $102,000 May 2019 5,133 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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