2206 Locust Avenue, Alton, IL 62002
Salu Add · Madison County
Key Facts
Description
Spacious duplex investment opportunity! The front occupied unit offers 2 bedrooms and 1 large bathroom with updates already completed throughout, including fresh paint and a new A/C unit in 2024. This unit features a covered porch, refrigerator, oven/range, and microwave. Newer hot water heater. The kitchen is beautifully updated with quartz countertops and custom cabinetry, and all existing appliances will stay. Newer hardwood flooring runs throughout most of the space, with tile in the bathroom and vinyl plank flooring in the laundry room. The bathroom has also been recently remodeled. The rear unit presents an excellent opportunity for additional rental income. Currently under construction, this possible 2-bedroom, 1-bath unit already has some updated electrical, plumbing, all similar in age to the front unit’s systems. Newer kitchen cabinets and flooring will stay. A brand-new water heater is also included and ready to be connected. Bring your vision and finish this space to maximize the property’s full income-producing potential! Roof and front unit windows were replaced in 2024 as well as some sewer lateral. The unfinished walk-up basement is convenient for your maintenance material storage or could be used for extra rental income. Sold As-Is.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Structure Type
Duplex
Year Built
1935
Living Area
1,740 sq ft
Lot Size
0.24 acres
Ownership
Private
Days on Market
16
MLS® Listing#
26030842
Property Features
Cooling
Heating
Basement
Parking
Laundry
Construction
Utilities
Water Source
Schools
- Elementary:
- ALTON DIST 11
- Middle:
- ALTON DIST 11
- High:
- Alton
Financial Details
HOA
None
Annual Taxes
$1,535
Tax year 2024
Parcel Number
23-2-08-06-13-302-021
Directions
GPS Friendly
Affordability Calculator
$18,400
Estimated monthly payment
$490/mo
Principal $73,600 · Est. interest $102,679 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Alton, IL
- 50
- Median Days on Market
- 1,439
- Median Sq Ft
- $101
- Median Price / Sq Ft
- 106
- Active Listings
- Its price per sq ft is 48% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Alton, IL.
Location
Points of Interest in Alton, IL
Showing the Alton area map.
Nearby Schools
Motivational Achievemnt Center
School · 0.4 mi away
Alton Middle School
Secondary · 0.6 mi away
Mississippi Valley Christian School
School · 0.6 mi away
Lovejoy Elementary School
Elementary · 0.8 mi away
East Elementary School
Elementary · 1.2 mi away
Eunice Smith Elementary School
Elementary · 1.2 mi away
Alton High School
Secondary · 1.6 mi away
Alternative School
School · 1.6 mi away
Head Start
School · 1.6 mi away
St Mary's Middle School
School · 1.9 mi away
St Mary School
School · 1.9 mi away
Mark Twain School
School · 2.0 mi away
Marquette Catholic High School
Secondary · 2.1 mi away
West Elementary School
Elementary · 2.2 mi away
St Peter & Paul Elementary School
Elementary · 2.2 mi away
Alton Community Unit School District
School · 2.3 mi away
St. Ambrose Catholic Church
School · 2.4 mi away
Evangelical Elementary School
Elementary · 2.8 mi away
North Elementary School
Elementary · 3.2 mi away
Montessori Children's House
Elementary · 3.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0 Deer Run Drive, Alton, IL | $69,000 | — | — | — |
| 12 Professional Park Drive, Alton, IL | $70,000 | — | — | — |
| 3407 Leo Street, Alton, IL | $70,000 | 2 | 2 | 752 |
| 518 Wyss Avenue, Alton, IL | $73,000 | 2 | 1 | 1,041 |
| 1261 State Street, Alton, IL | $74,900 | 1 | 1 | 506 |
| 508 Stowell Avenue, Alton, IL | $78,000 | 2 | 1 | 800 |
Moving Cost Estimate
EXIT Agents in Alton
Listing Courtesy: Market Pro Realty, Inc - 6185762203
Presented by: Kristen Tucker