500 Ridge Street Alton, IL 62002

$350,000
500 Ridge Street, Alton, IL 62002
Call 1-800-839-1363
17027257

Multi-Family Home for sale in Alton, IL

for $350,000. This 15,750 square foot home was built in 1937 on a lot size of 150x75.

Property Information

  • $350,000
  • Multi-Family
  • 15,750 Square Feet
  • Taxes are $7,840
  • Active
  • Lot size of 150x75
  • Built in 1937
  • Alton, IL
  • Madison County
  • MLS/Web ID is 17027257

Description

Mixed Use Property with 3 Buildings on 2 Parcels. 5 Commercial spaces + 8 Residential Units. Residences are mix of studio, 1 & 2 BR. All Commercial spaces are ground floor. 500-528 Ridge Street, Alton. Low vacancy rate. Metal parapets installed in 2014. Most units have been rehabbed. Maintained property. 1 Commercial Tenant has been there 40 years.

Interior 8

Appliances

  • Range/Oven
  • Refrigerator
  • Smoke Detector

Building Amenities

  • No Laundry Facility

Cooling System

  • Electric Cooling
  • Window Unit(s)

Furnished

  • No

Heating Source

  • Electric

Heating System

  • Hot Water Heater: Electric

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 3

Lot Description

  • City/Village

Parking

  • On Street Parking

Siding

  • Stucco Exterior

Miscellaneous 2

Commercial

  • Sale Includes Building & Land

Utilities

  • Cable TV Available

Rental 1

Tenant Pays

  • Cable
  • Electric
  • Water

† Excluded Feature

Neighborhood & Schools

School District: Alton DIST 11
Elementary School: ALTON DIST 11
Middle School: ALTON DIST 11
High School: Alton

 See complete school information

Listed By

Listing Agent: Matthew Cecil
Broker: CECIL MANAGEMENT GROUP, INC.

500 Ridge Street, Alton, IL, 62002 is a Multi-Family Home for sale at $350,000 with 15,750 sqft and a lot size of 150x75. 500 Ridge Street has 0.0 baths and was built in 1937. The property's zip code is 62002 which is in Alton, IL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Alton $194,559 44 % below $130,000 63 % below
Multi-family listings in Alton $147,067 58 % below $117,500 66 % below

Get the facts about Alton, IL!

Population 26,526
Population Growth (since 2000) -13 %
Median Income $37,655
Median Age 36.92
Households w/ Children 26 %

Residential Dwellings

  • Owned 6817
  • Vacant 1421
  • Rented 4353

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