$125,000
PENDING

983 Riley Ave Alton, IL 62002

Estimated payment $695/month

Total Views 573
5 Beds
2 Baths
1,872 Sq Ft
$67 Price per Sq Ft

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

Fantastic investment opportunity with this updated duplex offering strong rental potential! One unit features 3 bedrooms and 1 full bath, updated kitchen, appliances, bath and hard surface flooring in 2023. The second unit offers 2 bedrooms and 1 full bath with hard surface flooring throughout, fresh paint, and new appliances in 2023. Both units include full basements, offering ample storage and additional usable space and in unit laundry. Both units are newly rented at market rate, making this a true turnkey, income-producing property from day one. With desirable unit sizes, functional layouts, and solid rental demand, this duplex is a strong addition to any investment portfolio. Don’t miss this opportunity!

Listing Agent

Jean Lewis

Keller Williams Pinnacle License #475134061 Listed on: 03/03/2026

Keller Williams Pinnacle

Co-Listing Agent

Christin Webb

Keller Williams Pinnacle License #475189047

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $531

Year Built

  • Built in 1940

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Basement
  • Block Basement Construction

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 23-1-07-01-18-301-011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$531

Year Built

Built in 1940

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: MISKWPN03
  • Co List Office Phone: 618-226-6447
  • Co List Office Phone: 618-226-6447
  • MLS Status: Pending
  • Subdivision Name: Alton Township
  • Above Grade Finished Sq Ft: 1872
  • Architectural Style: Other
  • Carport Y N: No
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: Duplex
  • Financial Info Electric: 220 Volts
  • PreviousStatus: Active
  • MIS_PoolYN: 0
  • MIS_UnitCount: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Appliances: Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Flood Plain No, Lead Paint, Occupancy Permit Required
  • Construction Type: Asphalt, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • 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: 9147.6
  • Parcel Number: 23-1-07-01-18-301-011

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 531

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Leased: 2

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $531 $6,530 $2,170 $4,360
2023 $531 $5,900 $1,960 $3,940
2022 $499 $5,330 $1,770 $3,560
2021 $459 $5,010 $1,660 $3,350
2020 $831 $8,950 $1,600 $7,350
2019 $858 $8,740 $1,560 $7,180
2018 $835 $8,510 $1,520 $6,990
2017 $823 $8,510 $1,520 $6,990
2016 $807 $8,510 $1,520 $6,990
2015 $746 $8,510 $1,520 $6,990
2014 $746 $8,510 $1,520 $6,990
2013 $746 $9,710 $1,560 $8,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2026 03/08/26 Pending -- -- --
03/03/2026 03/03/26 For Sale $125,000 +150.0% $67 / Sq Ft
04/21/2023 04/21/23 Sold $50,000 -8.9% $25 / Sq Ft View Prior Sale
03/21/2023 03/21/23 Pending -- -- --
03/20/2023 03/20/23 Price Changed $54,900 -21.5% $27 / Sq Ft
02/20/2023 02/20/23 For Sale $69,900 -- $35 / Sq Ft
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $50,000 Prairie State Title & Escrow
Warranty Deed $14,500 True Title Co
Warranty Deed $7,000 None Available
Quit Claim Deed -- --
Warranty Deed $25,000 Serenity Title & Escrow Ltd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $81,750 Construction
Source: Public Records

Source: MARIS MLS

MLS Number: MIS26012228

MARIS MLS

APN: 23-1-07-01-18-301-011

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