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1001  College Avenue

1001 College Avenue

Alton, IL 62002

Sold MLS# 25079189

$500,000

$84 / sq ft

📞 Call George to schedule a showing — 618-531-4000

5,920

Sq Ft Above Grade

0.287

Acres

About This Home

Back on market, due to NO FAULT of seller. Looking to expand your property portfolio? Two buildings including 6 townhouses available that are turn key, and newly remodeled. New roof on both buildings, new siding, newly asphalted and lined designated parking spaces (2 per unit), new fencing in back and side of buildings. Security cameras and dumpster for tenants can convey to new owner. Inside all townhouses have 200 amp breaker panels, new furnace/air conditioners, and brand new re-built balconies in the back of unit. Two buildings make up the 6 units, with one duplex and a quadplex-all units are 2 Bedroom 1.5 Bathroom townhouses with main level laundry. All units include two large bedrooms upstairs, with dual closets, a storage closet, and full bathroom with shower/bath (almost all are completed remodeled). Downstairs on the main level all 6 units have newer vinyl plank installed in the living room/dining area, kitchens are galley style while still offering plenty of cabinetry and counter space, along with another half bathroom and main floor laundry room. One unit has side by side laundry, the other 5 have stackable washer/dryers. All appliances will stay in the units. This owner has done all of the handwork, all units are on yearly leases and occupied. Nothing left to do, but take over and collect rent! Contact your agent today for a showing.

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Property Details

MLS#25079189
StatusSold
Property TypeResidential Income
Property Sub-Type5 Family or More
Year Built1981
Sq Ft Above Grade5, 920
Lot Size Acres0.287
SubdivisionSmiths Add
Annual Taxes$4, 425 (2024)
Elementary SchoolALTON DIST 11
Middle SchoolALTON DIST 11
High SchoolAlton

Listing History

Listed: December 2, 2025

Closed: February 18, 2026

Close Price: $490,000

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Brokered by Market Pro Realty, Inc Broker Reciprocity MARIS