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    Alton, IL Residential Income Properties for Sale

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    West Alton, MO Godfrey, IL East Alton, IL
    10 results
    Income-Producing Commercial Building with Apartment
    $220,000
    3,062 SF

    Income-Producing Commercial Building with Apartment

    2248 E Broadway, Alton, IL 62002

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

    • Income‑producing 2‑bedroom apartment with existing tenants
    • High‑visibility location in a high‑traffic retail corridor
    • Adaptable 2,251 sq ft commercial space with two separate entrances
    • Two parcels of land and a 2‑bay detached garage included
    • Recent updates including new LED lighting, electrical improvements, and modern upgrades
    Updated: May 19
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    Alton Multifamily Investment Opportunity
    $225,000
    3,826 SF

    Alton Multifamily Investment Opportunity

    1011 State Street, Alton, IL 62002

    Charming five-unit building in Alton, Illinois, for sale.

    • Excellent investment opportunity with five apartments
    • Includes a mix of unit types: efficiency, one‑bedroom, and two‑bedroom
    • Well‑maintained building with potential for strong rental income
    • Ample natural light and modern amenities in each apartment
    • Heating: Forced Air, Natural Gas; Cooling: Multi/Window Units
    Updated: Mar 6
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    Alton Multifamily Investment Opportunity
    $980,000
    0.33 Acres

    Alton Multifamily Investment Opportunity

    Two buildings with 14 units near dental college.

    2705 College Avenue, Alton, IL 62002
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    Fully Occupied Duplex Investment
    $149,500
    3,258 SF

    Fully Occupied Duplex Investment

    Income-producing duplex with updated finishes and steady cash flow.

    821 Alby Street, Alton, IL 62002
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    Alton Duplex with River View
    $95,000
    1,426 SF

    Alton Duplex with River View

    Investment opportunity: duplex near downtown with updated systems.

    314 W 4th Street, Alton, IL 62002
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    Former School with Redevelopment Potential
    $285,000
    33,150 SF

    Former School with Redevelopment Potential

    Former school building suitable for redevelopment in Alton, Illinois.

    121 W Elm Street, Alton, IL 62002
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    Alton Warehouse with Gated Lot
    $225,000
    1.43 Acres

    Alton Warehouse with Gated Lot

    Commercial/industrial building ideal for storage, manufacturing, or showroom.

    3015 Belle Street, Alton, IL 62002
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    Alton Multifamily Property Ready
    $200,000
    2,275 SF

    Alton Multifamily Property Ready

    Multi-family property in historic district ready for redevelopment.

    427 E 4th Street, Alton, IL 62002
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    Alton, IL Four-Unit Multifamily Property
    $139,000
    1,594 SF

    Alton, IL Four-Unit Multifamily Property

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

    612 Mechanic Street, Alton, IL 62002
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    Former School with Redevelopment Potential
    $285,000
    33,150 SF

    Former School with Redevelopment Potential

    Former school building suitable for redevelopment or community use.

    121 W Elm Street, Alton, IL 62002
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    Based on your search, we've compiled 43 Potential Opportunities for your consideration. Besides 10 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.

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Income Potential
    $88,500
    2,555 SF

    Mixed-Use Property with Income Potential

    Unique live-work property with commercial space and apartments.

    602 Wood River Avenue, Wood River, IL 62095
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    Mixed-Use Property with Income Potential
    $95,000
    0.07 Acres

    Mixed-Use Property with Income Potential

    Commercial property with unfinished space and two income-producing apartments.

    258 E Ferguson Avenue, Wood River, IL 62095
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    Move-in Ready Florissant Condo
    $124,000
    2,088 SF

    Move-in Ready Florissant Condo

    Completely finished condo with new features and appliances.

    4328 Inlet Isle Drive, Florissant, MO 63034
    View details
    Mixed-Use Building with Renovated Spaces
    Contact for pricing
    2,200 SF

    Mixed-Use Building with Renovated Spaces

    Income-producing mixed-use building with renovated office and residential spaces.

    699 Rue Saint Francois, Florissant, MO
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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.

    Residential Land in Woodcliffe Subdivision
    $87,500
    3.43 Acres

    Residential Land in Woodcliffe Subdivision

    3.43-acre parcel ready for your dream home.

    1300 Woodcliffe Drive, Alton, IL 62002
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    Residential Lot in Godfrey, IL
    Contact for pricing
    0.16 Acres

    Residential Lot in Godfrey, IL

    Buildable lot in a scenic, convenient Southwestern Illinois community.

    00 Pine Ridge lot#52 Drive, Godfrey, IL 62035
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    Residential Lot in Established Subdivision
    Contact for pricing
    0.44 Acres

    Residential Lot in Established Subdivision

    Building lot available in Alton, Illinois.

    108 WINDSOR Drive, Alton, IL 62002
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    Residential Land in Established Subdivision
    Contact for pricing
    0.40 Acres

    Residential Land in Established Subdivision

    Building lots available in Alton, Illinois subdivision.

    6 WELLESLEY Place, Alton, IL 62002
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    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.

    2500 Donald Ave

    2500 Donald Ave

    APARTMENT HOUSE (5+ UNITS) • 2,485 SF
    Value Estimation by Request
    2500 Donald Ave, Alton, IL 62002-2817
    View details
    310 Ml St

    310 Ml St

    APARTMENT HOUSE (5+ UNITS) • 2,690 SF
    Value Estimation by Request
    310 Ml St, Alton, IL 62002-6130
    View details
    635 5th St

    635 5th St

    APARTMENT HOUSE (5+ UNITS) • 1,024 SF
    Value Estimation by Request
    635 5th St, Alton, IL 62002-2679
    View details
    418 3rd St

    418 3rd St

    APARTMENT HOUSE (5+ UNITS) • 4,867 SF
    Value Estimation
    $520,000
    418 3rd St, Alton, IL 62002-2411
    View details
    319 3rd St

    319 3rd St

    APARTMENT HOUSE (5+ UNITS) • 1,120 SF
    Value Estimation by Request
    319 3rd St, Alton, IL 62002-2407
    View details
    620 9th St

    620 9th St

    APARTMENT HOUSE (5+ UNITS) • 4,218 SF
    Value Estimation by Request
    620 9th St, Alton, IL 62002-3623
    View details
    10 Riv Reach Ct

    10 Riv Reach Ct

    APARTMENT HOUSE (5+ UNITS) • 14,976 SF
    Value Estimation
    $10,365,000
    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
    $9,575,000
    9 Riv Reach Ct, Alton, IL 62002-7396
    View details
    13 Riv Reach Ct

    13 Riv Reach Ct

    APARTMENT HOUSE (5+ UNITS) • 11,900 SF
    Value Estimation
    $10,230,000
    13 Riv Reach Ct, Alton, IL 62002-7395
    View details
    6 Riv Reach Ct

    6 Riv Reach Ct

    APARTMENT HOUSE (5+ UNITS) • 7,920 SF
    Value Estimation
    $10,810,000
    6 Riv Reach Ct, Alton, IL 62002-7389
    View details
    14 Riv Reach Ct

    14 Riv Reach Ct

    APARTMENT HOUSE (5+ UNITS) • 11,998 SF
    Value Estimation
    $9,910,000
    14 Riv Reach Ct, Alton, IL 62002-7391
    View details
    5 Riv Reach Ct

    5 Riv Reach Ct

    APARTMENT HOUSE (5+ UNITS) • 7,920 SF
    Value Estimation
    $9,475,000
    5 Riv Reach Ct, Alton, IL 62002-7388
    View details
    17 Riv Reach Ct

    17 Riv Reach Ct

    APARTMENT HOUSE (5+ UNITS) • 11,988 SF
    Value Estimation
    $9,860,000
    17 Riv Reach Ct, Alton, IL 62002-7397
    View details
    702 Milton Rd

    702 Milton Rd

    APARTMENT HOUSE (5+ UNITS) • 3,691 SF
    Value Estimation by Request
    702 Milton Rd, Alton, IL 62002-2134
    View details

    Alton, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 35 residential income properties for sale in Alton, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 81,741 square feet of properties for sale, with an estimated market value of $1,598,500.

    Sale prices for residential income properties in Alton, IL start at $95,000, averaging $199,812, and reaching up to $285,000 — 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

    Multifamily properties 9
    Apartment buildings 4
    Duplexes 4
    Quadplexes 1
    Single family properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    62002 $263.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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