$135,300
SOLD JAN 24, 2025

440 E 6th St Alton, IL 62002

4 Beds
4 Baths
3,078 Sq Ft
7,396 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

8% Below List Price

23 Days on Market

About This Home

As of January 2025

Quality Sears home was designed as a duplex and has been converted to a quadplex. Double entry doors at the front covered porch offer nice views of the Clark bridge and Seminary Square with ample parking. Each unit features wood floors, one bedroom, a living room, eat-in kitchen (appliances present are included) and a full bathroom. Basement access/ storage for the main floor units, attic storage space for the upper-level units. Current rents on West side are $575 p/m and $600 p/m. The wood floors were sanded and refinished on the West side about a year ago. One long term tenant occupied lower-level East side for over fourteen years (this unit needs TLC). Current tenants are interested in staying. 24-hour notice needed for West side apartments. Some replacement windows. Roof 10 to 12 years old. Seller to make no repairs or provide city occupancy. Seller recommends viewing vacant units as to not disturb tenants, if serious then view occupied units.

Last Agent to Sell the Property

Wendi Mielke

Market Pro Realty, Inc License #471000150 Listed on: 11/27/2024

Last Buyer's Agent

Amy Loftus

Worth Clark Realty License #475205194

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 1891

Lot Details

  • 7,396 Sq Ft Lot
  • Lot Dimensions are 87x85

Home Design

  • 3,078 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Gravel Driveway
  • Additional Parking
  • On-Street Parking
  • Off-Street Parking
  • Unassigned Parking

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace

Community Details

  • Net Operating Income $29,400

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 23-2-07-11-20-404-036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,083

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Henry
  • Year Built: 1891
  • Directions: Alton to Henry St. to West on 6th, across from Seminary Square Park.
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.1698
  • Co List Office Phone: 2519121
  • Subdivision Name: Mechanics Square
  • Above Grade Finished Sq Ft: 3078
  • Age: 134
  • PropaneTank: None
  • Total Expenses: 9840.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s)
  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Unknown, Agent Owned, Flood Plain No, Sellers Discl. Avail
  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Off Street, On Street, Unassigned
  • Driveway: Gravel

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air, Individual Furnaces
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None

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 Dimensions: 87x85
  • Lot Size Sq Ft: 7396
  • Parcel Number: 23-2-07-11-20-404-036
  • Lot Number: 1

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: One or More Vacant
  • Sub Lease: 0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3083

Multi Family

  • Net Operating Income: 29400
  • Type Of Units: 4-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Jan 24, 2025
Sold by
Roundcount Kevin P and Roundcount Suzanne D
Bought by
Ackumey Francis D
Seller's Agent
Wendi Mielke
Market Pro Realty, Inc
Buyer's Agent
Amy Loftus
Worth Clark Realty
List Price
$147,000
Sold Price
$135,300
Premium/Discount to List
-$11,700
-7.96%
Views
43
Current Estimated Value
$144,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,844
Avg. Annual Appreciation
8.69%
Original Mortgage
$101,475
Outstanding Balance
$100,938
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$43,206

Purchase Details

Listed on
Jul 23, 2015
Closed on
Jun 10, 2016
Sold by
Mcnamara Michael and Mcnamara Rachel
Bought by
Roundcount Kevin P and Roundcount Suzanne D
Seller's Agent
Linda Wheaton
Coldwell Banker Brown Realtors
Buyer's Agent
Kevin Roundcount
Lemstar Realty
List Price
$110,000
Sold Price
$96,000
Premium/Discount to List
-$14,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%
Original Mortgage
$76,800
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2011
Sold by
Bear Revocable Living Trust
Bought by
Mcnamara Michael and Mcnamara Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
4.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 3, 2008
Sold by
Bear Philip D and Bear Marietta K
Bought by
Bear Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 Serenity Title & Escrow
Warranty Deed $96,000 Serenity Title & Escrow
Warranty Deed $95,000 Serenity Title & Escrow Ltd
Warranty Deed -- Community Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,475 New Conventional
Previous Owner $76,800 Purchase Money Mortgage
Previous Owner $97,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2025 01/24/25 Sold $135,300 -8.0% $44 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
11/27/2024 11/27/24 For Sale $147,000 +8.6% $48 / Sq Ft
11/26/2024 11/26/24 Off Market $135,300 -- --
06/10/2016 06/10/16 Sold $96,000 0.0% $64 / Sq Ft View Prior Sale
04/14/2016 04/14/16 Pending -- -- --
04/05/2016 04/05/16 Off Market $96,000 -- --
07/23/2015 07/23/15 For Sale $110,000 -- $73 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $3,281 $40,360 $6,330 $34,030
2023 $3,281 $36,450 $5,720 $30,730
2022 $3,083 $32,950 $5,170 $27,780
2021 $2,837 $30,970 $4,860 $26,110
2020 $2,772 $29,870 $4,690 $25,180
2019 $2,866 $29,190 $4,580 $24,610
2018 $2,790 $28,430 $4,460 $23,970
2017 $2,751 $28,430 $4,460 $23,970
2016 $2,696 $28,430 $4,460 $23,970
2015 $2,562 $28,430 $4,460 $23,970
2014 $2,562 $28,430 $4,460 $23,970
2013 $2,562 $29,200 $4,580 $24,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24073451

MARIS MLS

APN: 23-2-07-11-20-404-036