$200,000

427 E 4th St Alton, IL 62002

Estimated payment $1,330/month

Total Views 46,520
4 Beds
2 Baths
2,275 Sq Ft
$88 Price per Sq Ft

About This Home

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.

Listing Agent

Nicholas Schranck

Landmark Realty License #475.194759 Listed on: 03/30/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1940

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • No Driveway

Home Design

  • 2,275 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Alton Dist 11 Elementary And Middle School
  • Alton High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 23-2-07-14-08-201-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,998

Year Built

Built in 1940

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Property Sub-Type: 2-4 Units
  • Lot Size Acres: 0.22
  • Co List Office Phone: 618-466-1513
  • MLS Status: Active
  • Subdivision Name: Alton
  • Above Grade Finished Sq Ft: 2275
  • Architectural Style: Other
  • Carport Y N: No
  • New Construction: No
  • MIS_PoolYN: 0
  • MIS_UnitCount: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Total Bedrooms: 4
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Disclosures: None
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: ALTON DIST 11
  • Junior High Dist: Alton DIST 11
  • High School: Alton
  • Middle Or Junior School: ALTON DIST 11

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel Number: 23-2-07-14-08-201-016

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2998

Multi Family

  • Number Of Units Total: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,735 $46,660 $4,120 $42,540
2024 $3,431 $42,210 $3,730 $38,480
2023 $3,431 $38,120 $3,370 $34,750
2022 $3,224 $34,460 $3,050 $31,410
2021 $2,967 $32,390 $2,870 $29,520
2020 $2,899 $31,240 $2,770 $28,470
2019 $2,998 $30,530 $2,710 $27,820
2018 $2,918 $29,740 $2,640 $27,100
2017 $2,962 $30,620 $3,520 $27,100
2016 $2,904 $30,620 $3,520 $27,100
2015 $2,759 $30,620 $3,520 $27,100
2014 $2,759 $30,620 $3,520 $27,100
2013 $2,759 $31,450 $3,620 $27,830
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2026 03/30/26 For Sale $200,000 +207.7% $88 / Sq Ft
09/22/2021 09/22/21 Sold $65,000 0.0% $29 / Sq Ft View Prior Sale
09/22/2021 09/22/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $65,000 -- $29 / Sq Ft
Source: MARIS MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $65,000 Serenity Title & Escrow
Interfamily Deed Transfer -- None Available
Warranty Deed $99,000 Community Title & Escrow Ltd
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $89,100 Negative Amortization
Source: Public Records

About the Listing Agent

Nicholas Schranck

Landmark Realty

(618) 249-3666

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I'm an expert real estate agent with Landmark Realty in Godfrey, IL and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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Source: MARIS MLS

MLS Number: MIS26018482

MARIS MLS

APN: 23-2-07-14-08-201-016

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