Active

427 E 4th Street

Alton, IL 62002

$200,000 $843/Mo

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Overview

Bed

Bath

2,275

Sqft

0.22

Acre(Lot)

Description

This multi-family property is ready for new beginnings. Located in a historic district, it offers charming surroundings and sweeping views of the Mississippi River. The building has been gutted and is primed for redevelopment, giving investors or owner-occupants a blank slate to create something truly special. With its unbeatable location and strong structural potential, this property is ideal for anyone looking to restore and revitalize in one of the area's most storied neighborhoods.

Property Details

Property Type : Residential Income

Price : $200,000

AD Id : 76645760

MLS Id : MIS26018482

Lot Size : 0.22 Acre

Living Area Size : 2,275

Year Built : 1940

County : Madison

Subdivision: Alton

Map

What's Nearby

Nearby Areas

Features

Interior Features

Appliances: Gas Water Heater
Flooring Information

Construction Materials: Brick
Heating & Cooling

Heating: Forced Air, Natural Gas Cooling: Wall/Window Unit(s) WaterSource: Public

Building Information

Year Built: 1940

Lot Information

Lot Square Feet: 9583.2 Lot Acres: 0.22

Property Information

Property Type: Residential Income Sub Type: 2-4 Units Style: Other

Listing Price Information

Original List Price:$200000

Tax Information

Annual Tax: $2998 Tax Year: 2019 Parcel Number: 23-2-07-14-08-201-016

Parking Information

No Driveway

School Information

Elementary School: ALTON DIST 11 Junior High School: ALTON DIST 11 Senior High School: Alton
Utility Information

Water Source: Public
Location Information

Subdivision: Alton City: Alton

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At $87.91 per sq.ft.,this listing is priced below average compared to other multifamily from Alton.

The average multifamily price in Alton is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in Madison County is $540257.14 with avg. price / sq.ft of $3659.00.

How much is this property worth?

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1217 W 9th Street, Alton, IL, 62002	$70,000	--	--	1,746	1,746 SqFt
1011 State Street, Alton, IL, 62002	$225,000	--	--	3,826	3,826 SqFt

Similar Multifamily To 427 E 4th Street

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$225,000

Multifamily For Sale

1011 State S..,
Alton, IL, 62002

Sqft

Acre(Lot)

427 E 4th St..,
Alton, IL, 62002

2,275

Sqft

0.22

Acre(Lot)

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ByOwner last updated this listing 04/06/2026 @ 18:20

MLS: MARIS2 #26018482 LISTED BY: Nicholas Schranck, Landmark Realty 618-466-1513 SOURCE: maris2