Quadplex

Alton, IL Quadplexes for Sale

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Godfrey, IL East Alton, IL Wood River, IL Bethalto, IL Roxana, IL Cottage Hills, IL Hartford, IL Saint Louis, MO
Mixed-Use Downtown Building
Updated: Jun 15
Mixed-Use Downtown Building

119 W 3rd Street, Alton, IL 62002

$699,000
0.06 AC lot
Mixed‑use downtown Alton building with restaurant/bar on the main level and four residential apartments above
Apartment mix includes 2 two‑bedroom and 2 one‑bedroom units
Main‑level amenities include a fenced outdoor patio and separate salon space plus restaurant/retail area with an outside patio
Expandable storage area on‑site that could be redeveloped into additional apartment units
Year built 1891 with brick and wood siding, plus tile, carpet, vinyl, and wood flooring
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Four-Unit Apartment Quadplex
Updated: Jul 20
Four-Unit Apartment Quadplex

1238 Brown Street, Alton, IL 62002

$165,000
2,442 sqft 0.18 AC lot
4‑unit quadplex with four 1‑bedroom, 1‑bathroom apartments
2,442 total SF; each unit includes a bedroom designed for long‑term tenant appeal
One unit is currently vacant, allowing owner‑occupancy or immediate leasing
Forced‑air heating with wall/window and window A/C units
Public water supply; water heater included
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Four-Unit Residential Income Property
Four-Unit Residential Income Property

612 Mechanic Street, Alton, IL 62002

$139,000
1,594 sqft 0.17 AC lot

Four 1-bedroom, 1-bath units on one centrally located property in Alton, with three units occupied.

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Alton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Four-Unit Income Duplex
Four-Unit Income Duplex

2321 Washington Avenue, Granite City, IL 62040

$140,000
1,737 sqft 0.11 AC lot

Property is currently configured as four income-producing units, including a detached two-story garage with two efficiency-style spaces.

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Four-Unit Multi-Family with Garage
Four-Unit Multi-Family with Garage

2230 E 24th Street, Granite City, IL 62040

$67,000
0.24 AC lot

Four-unit multi-family includes two upper studio units, two main-level 1-bed units, and a 3-car deep garage.

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Four-Unit Multifamily Property
Four-Unit Multifamily Property

5071 Ruskin Avenue, St, Louis, MO 63115

$89,000
3,400 sqft 0.12 AC lot

Four one-bedroom, one-bath units make up this St. Louis quadplex at 5071 Ruskin Avenue.

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Four-Unit Residential Income Building
Four-Unit Residential Income Building

4228 Clarence Avenue, St, Louis, MO 63115

$39,900
3,536 sqft 0.14 AC lot

Four-unit building requiring full rehabilitation, with each unit laid out as a one-bedroom, one-bathroom residence.

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Alton, IL Quadplexes Market Trends and Statistics

Explore 3 quadplexes for sale in Alton, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,036 square feet of properties for sale, with an estimated market value of $1,003,000.

Sale prices for four-unit buildings in Alton, IL start at $139,000, averaging $334,333, and reaching up to $699,000 — 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

Apartment buildings 4
Duplexes 4
Quadplexes 3
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 30K
Population Growth (5Y) -3.3%
Median Household Income $57,851
College Educated 32.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62002 $597K

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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