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!
Active
Listing Provided by: Keller Williams Pinnacle
$125,000
983 Riley Ave, Alton, IL 62002
5beds
2baths
1,872sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$67/sqft
$-- HOA
What's special
Functional layoutsFresh paintIn unit laundryAdditional usable spaceAmple storageUpdated kitchenDesirable unit sizes
- 1 day |
- 541 |
- 21 |
Zillow last checked: 8 hours ago
Listing updated: March 03, 2026 at 01:40pm
Listing Provided by:
Jean Lewis 618-799-9205,
Keller Williams Pinnacle,
Christin Webb 618-920-3396,
Keller Williams Pinnacle
Source: MARIS,MLS#: 26012228
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator
Features
- Basement: Block
- Has fireplace: No
Interior area
- Total structure area: 1,872
- Total interior livable area: 1,872 sqft
- Finished area above ground: 1,872
- Finished area below ground: 0
Property
Features
- Levels: One
Lot
- Size: 9,147.6 Square Feet
Details
- Parcel number: 231070118301011
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Asphalt, Vinyl Siding
Condition
- Year built: 1940
Utilities & green energy
- Electric: 220 Volts
- Water: Public
Community & HOA
Community
- Subdivision: Alton Township
HOA
- Has HOA: No
Location
- Region: Alton
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $19,590
- Annual tax amount: $531
- Date on market: 3/3/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,029/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Listed for sale | $125,000+150%$67/sqft |
Source:  MARIS #26012228 Report a problem | ||
| 4/21/2023 | Sold | $50,000-8.9%$27/sqft |
Source: MARIS #23008343 Report a problem | ||
| 3/22/2023 | Pending sale | $54,900$29/sqft |
Source: MARIS #23008343 Report a problem | ||
| 3/20/2023 | Price change | $54,900-21.5%$29/sqft |
Source: MARIS #23008343 Report a problem | ||
| 2/20/2023 | Listed for sale | $69,900+382.1%$37/sqft |
Source: MARIS #23008343 Report a problem | ||
| 3/23/2020 | Sold | $14,500+107.1%$8/sqft |
Source: Public Record Report a problem | ||
| 11/19/2019 | Sold | $7,000-85.7%$4/sqft |
Source: Public Record Report a problem | ||
| 5/31/2015 | Listing removed | $49,000$26/sqft |
Source: LANDMARK REALTY-GODFREY #4400004 Report a problem | ||
| 1/2/2015 | Listed for sale | $49,000$26/sqft |
Source: Landmark Realty, Inc. #4400004 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $531 +6.4% | $6,530 +10.7% |
| 2023 | $499 +6.7% | $5,900 +10.7% |
| 2022 | $468 +1.9% | $5,330 +6.4% |
| 2021 | $459 -44.7% | $5,010 -44% |
| 2020 | $831 -3.2% | $8,950 +2.4% |
| 2019 | $858 | $8,740 +2.7% |
| 2018 | -- | $8,510 |
| 2017 | $823 +10.4% | $8,510 |
| 2016 | $746 | $8,510 |
| 2015 | $746 | $8,510 |
| 2014 | $746 | $8,510 -12.4% |
| 2013 | $746 | $9,710 +8.7% |
| 2012 | -- | $8,930 -2.9% |
| 2011 | -- | $9,200 -4.9% |
| 2010 | -- | $9,670 +1.8% |
| 2009 | -- | $9,500 +1% |
| 2007 | -- | $9,410 +31.2% |
| 2005 | -- | $7,170 +11% |
| 2004 | $493 +4.5% | $6,460 +5.6% |
| 2003 | $471 +1.2% | $6,120 +0.8% |
| 2002 | $465 | $6,070 +5.4% |
| 2001 | -- | $5,760 +274% |
| 2000 | $446 | $1,540 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$840/mo
Principal & interest
$645
Property taxes
$195
Climate risks
Neighborhood: 62002
Nearby schools
GreatSchools rating
- NAEunice Smith Elementary SchoolGrades: PK-2Distance: 0.4 mi
- 3/10Alton Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Alton High SchoolGrades: PK,9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Alton Dist 11
- Middle: Alton Dist 11
- High: Alton
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 62002
- Illinois
- Madison County
- Alton
- 62002
- 983 Riley Ave
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