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Alton, IL Residential Income Properties for Sale

7 results
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Alton, IL Four-Unit Multifamily Property
$159,000
1,594 SF

Alton, IL Four-Unit Multifamily Property

612 Mechanic St, Alton, IL 62002

Four-unit multifamily property with strong rental history in Alton, IL.

  • Strong rental history with 3 of 4 units currently occupied.
  • Investment opportunity with potential for immediate income.
  • Vacant unit allows for owner‑occupancy or increased rental income.
  • Convenient central location near shopping and dining.
  • Each unit has 1 bedroom and 1 bathroom.
Updated: Oct 23, 2025
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Former School with Redevelopment Potential
$285,000
33,150 SF

Former School with Redevelopment Potential

121 W Elm St, Alton, IL 62002

Former school building suitable for redevelopment in Alton, Illinois.

  • Adaptable space suitable for residential, commercial, or community use.
  • Historic building with classic architectural features, high ceilings, and large windows.
  • Multiple classrooms, gymnasium, auditorium, kitchen, and offices offer diverse layout options.
  • Spacious outdoor area for recreation or expansion.
  • Ideal for residential conversion (lofts, condos) or community facilities (school, daycare).
Updated: Dec 4, 2025
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Alton Duplex with Two Units
$59,900
1,260 SF

Alton Duplex with Two Units

Duplex in Alton, Illinois, featuring two separate units.

728-730 E 6Th St, Alton, IL 62002
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Alton, IL Investment Duplex
$110,000
0.11 Acres

Alton, IL Investment Duplex

Duplex in Christian Hill, walking distance to downtown Alton.

314 W 4Th St, Alton, IL 62002
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Commercial Building with Income Apartment
$225,000
3,062 SF

Commercial Building with Income Apartment

All-brick commercial building with income-producing apartment in high-traffic area.

2248 E Broadway, Alton, IL 62002
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Alton Multifamily Property with Cottage
$220,000
1,443 SF

Alton Multifamily Property with Cottage

Multifamily property featuring a main residence and separate cottage.

3302 College Ave, Alton, IL 62002
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Turnkey Bar with Income Potential
$350,000
0.04 Acres

Turnkey Bar with Income Potential

Established bar in downtown Alton with gaming and apartment.

314 State St, Alton, IL 62002
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Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 7 Active listings in Alton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 25 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Land in Azalea Gardens
Pending
$259,000

Land in Azalea Gardens

Prime lots available in Azalea Gardens Condominiums community.

4801 Azalea Pl, Godfrey, IL 62035
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East Alton Income Property
$114,900
2,353 SF

East Alton Income Property

Fully rented triplex in good condition with immediate income potential.

112 Bonds Ave, East Alton, IL 62024
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East Alton Income Property
$79,900
1,288 SF

East Alton Income Property

Three-unit residential income property in East Alton, Illinois.

187 Goulding St, East Alton, IL 62024
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Godfrey Condo Near Lewis & Clark
$65,000
896 SF

Godfrey Condo Near Lewis & Clark

Upper-level 2-bedroom, 1-bath condo, ideal for various buyers.

5310 Godfrey Rd, Godfrey, IL 62035
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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.

Hilly Timber Parcel in Alton
Contact for pricing
3.41 Acres

Hilly Timber Parcel in Alton

3.4 acre timber parcel in Alton, loaded with wildlife.

2000 Agnes St, Alton, IL 62002
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Alton Land with Development Potential
$910,000
45.50 Acres

Alton Land with Development Potential

45.5 acres of land with development and rezoning possibilities.

Tbd, Alton, IL 62002
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Alton Farm Land For Sale
$966,000
48.30 Acres

Alton Farm Land For Sale

48.3 acres of land zoned M-2 in Alton, Illinois.

Harris Tbd Rd, Alton, IL 62002
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Alton Land with Development Potential
$480,000
24.10 Acres

Alton Land with Development Potential

24.1+/- acres in Alton, IL, zoned M-2.

Harris Ln, Alton, IL 62002
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Explore Off-Market Properties in Alton, IL

Consider similar Off-Market properties in 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.

501 Bond St

501 Bond St

APARTMENT HOUSE (5+ UNITS) • 2,436 SF
Value Estimation
$345,000
501 Bond St, Alton, IL 62002-6123
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2224 State St

2224 State St

APARTMENT HOUSE (5+ UNITS) • 7,560 SF
Value Estimation
$350,000
2224 State St, Alton, IL 62002-4380
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310 Ml St

310 Ml St

APARTMENT HOUSE (5+ UNITS) • 2,690 SF
Value Estimation
$405,000
310 Ml St, Alton, IL 62002-6130
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17 Riv Reach Ct

17 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 11,988 SF
Value Estimation
$11,715,000
17 Riv Reach Ct, Alton, IL 62002-7397
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3409 Brown St

3409 Brown St

APARTMENT HOUSE (5+ UNITS) • 2,973 SF
Value Estimation
$335,000
3409 Brown St, Alton, IL 62002-4137
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2705 College Ave

2705 College Ave

APARTMENT HOUSE (5+ UNITS) • 6,904 SF
Value Estimation
$430,000
2705 College Ave, Alton, IL 62002-4789
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620 9th St

620 9th St

APARTMENT HOUSE (5+ UNITS) • 4,218 SF
Value Estimation
$145,000
620 9th St, Alton, IL 62002-3623
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1903 Park Ave

1903 Park Ave

APARTMENT HOUSE (5+ UNITS) • 4,622 SF
Value Estimation
$345,000
1903 Park Ave, Alton, IL 62002-4782
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2614 Grandview Ave

2614 Grandview Ave

APARTMENT HOUSE (5+ UNITS) • 5,133 SF
Value Estimation
$245,000
2614 Grandview Ave, Alton, IL 62002-2903
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1330 Langdon St

1330 Langdon St

APARTMENT HOUSE (5+ UNITS) • 2,806 SF
Value Estimation
$265,000
1330 Langdon St, Alton, IL 62002-3610
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1710 Muny Vis Dr

1710 Muny Vis Dr

APARTMENT HOUSE (100+ UNITS) • 76,022 SF
Value Estimation
$1,285,000
1710 Muny Vis Dr, Alton, IL 62002-5633
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702 Milton Rd

702 Milton Rd

APARTMENT HOUSE (5+ UNITS) • 3,691 SF
Value Estimation
$145,000
702 Milton Rd, Alton, IL 62002-2134
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2336 Brown St

2336 Brown St

APARTMENT HOUSE (5+ UNITS) • 5,766 SF
Value Estimation by Request
2336 Brown St, Alton, IL 62002-3966
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10 Riv Reach Ct

10 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 14,976 SF
Value Estimation
$11,525,000
10 Riv Reach Ct, Alton, IL 62002-7393
View details
9 Riv Reach Ct

9 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 7,920 SF
Value Estimation
$11,430,000
9 Riv Reach Ct, Alton, IL 62002-7396
View details
5 Riv Reach Ct

5 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 7,920 SF
Value Estimation
$11,280,000
5 Riv Reach Ct, Alton, IL 62002-7388
View details
14 Riv Reach Ct

14 Riv Reach Ct

APARTMENT HOUSE (5+ UNITS) • 11,998 SF
Value Estimation
$11,455,000
14 Riv Reach Ct, Alton, IL 62002-7391
View details

Alton, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 32 residential income properties for sale in Alton, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 805,021 square feet of properties for sale, with an estimated market value of $89,767,900.

Prices for residential income properties in Alton, IL start at $59,900, averaging $2,895,738, and reaching up to $11,785,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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