Pending

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

$123,300 Zestimate^®

$67/sqft

$-- HOA

What's special

Functional layoutsFresh paintIn unit laundryAdditional usable spaceAmple storageUpdated kitchenDesirable unit sizes

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!

28 days

33

4

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
Cumulative days on market: 29 days
Listing terms: Cash,Conventional

Estimated market value

$123,300

$117,000 - $129,000

$991/mo

Price history

Date	Event	Price
3/8/2026	Pending sale	$125,000$67/sqft
Source: MARIS #26012228 Report a problem
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

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