Investor Opportunity in Alton!
This two-story property is currently configured as a two-unit multifamily featuring two separate units, each offering 2 bedrooms and 1 bathroom. The main level unit features spacious living areas with charming architectural details including arched openings and original wood trim, while the upper unit provides additional living space ideal for rental income or house hacking.
The property also includes a detached garage, off-street parking, and a full basement with ample storage space. Major mechanicals including furnace and water heater are in place.
With strong rental potential and a price point of $65,000, this property offers a great opportunity for investors looking to add to their portfolio or buyers seeking a value-add project.
Schedule your showing today and explore the possibilities this property has to offer.
Closed
Listed by: Re/Max River Bend • Jon Blake Hoffman • Contact: 618-509-0240
Bought with: Market Pro Realty, Inc
$62,500
1416 Milton Rd, Alton, IL 62002
4beds
1,026sqft
Single Family Residence
Built in 1945
5,501 Square Feet Lot
$62,900 Zestimate®
$61/sqft
$1,567 Estimated rent
Home value
$62,900
$57,000 - $70,000
$1,567/mo
Zestimate® history
Owner options
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$1,567/mo
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$1,567/mo
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$362/mo
Est. payment
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$362/mo
Est. payment
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List your homeWhat's special
Two separate unitsCharming architectural detailsDetached garageArched openingsOff-street parkingOriginal wood trimTwo-story property
Zillow last checked:
Listing updated:
Listed by:
Jon Blake Hoffman 618-509-0240,
Re/Max River Bend
Bought with:
Nancy K Trucks, 475154804
Market Pro Realty, Inc
Source: MARIS,MLS#: 26014370
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Features: Floor Covering: Carpeting
- Level: Main
Bedroom 2
- Features: Floor Covering: Carpeting
- Level: Main
Bedroom 3
- Features: Floor Covering: Carpeting
- Level: Second
Bedroom 4
- Features: Floor Covering: Carpeting
- Level: Second
Bathroom
- Features: Floor Covering: Ceramic Tile
- Level: Main
Bathroom
- Features: Floor Covering: Laminate
- Level: Second
Basement
- Features: Floor Covering: Concrete
- Level: Lower
Dining room
- Features: Floor Covering: Carpeting
- Level: Main
Kitchen
- Features: Floor Covering: Laminate
- Level: Main
Kitchen
- Features: Floor Covering: Laminate
- Level: Second
Living room
- Features: Floor Covering: Carpeting
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Concrete,Full
- Has fireplace: No
Interior area
- Total structure area: 1,026
- Total interior livable area: 1,026 sqft
- Finished area above ground: 1,026
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Three Or More
- Patio & porch: Front Porch
Lot
- Size: 5,501 Square Feet
- Features: Level
Details
- Parcel number: 232080716402051
- Special conditions: Listing As Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1945
Utilities & green energy
- Electric: Ameren
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Ross Add
HOA
- Has HOA: No
Location
- Region: Alton
Financial & listing details
- Price per square foot: $61/sqft
- Tax assessed value: $106,380
- Annual tax amount: $2,883
- Date on market: 3/20/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Sold | $62,500-3.8%$61/sqft |
Source:  MARIS #26014370 Report a problem | ||
| 3/26/2026 | Pending sale | $65,000$63/sqft |
Source: MARIS #26014370 Report a problem | ||
| 3/20/2026 | Listed for sale | $65,000$63/sqft |
Source: MARIS #26014370 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,883 +6.4% | $35,460 +10.7% |
| 2023 | $2,708 +6.6% | $32,020 +10.6% |
| 2022 | $2,540 +1.9% | $28,950 +6.4% |
| 2021 | $2,492 +2.4% | $27,200 +3.7% |
| 2020 | $2,434 -3.3% | $26,230 +2.3% |
| 2019 | $2,517 | $25,630 +2.7% |
| 2018 | -- | $24,960 |
| 2017 | $2,415 +7.3% | $24,960 |
| 2016 | $2,250 | $24,960 |
| 2015 | $2,250 | $24,960 |
| 2014 | $2,250 | $24,960 -2.7% |
| 2013 | $2,250 | $25,640 -5% |
| 2012 | -- | $26,990 -2.9% |
| 2011 | -- | $27,800 -2.6% |
| 2010 | -- | $28,550 +1.7% |
| 2009 | -- | $28,060 +8.7% |
| 2007 | -- | $25,810 +5.3% |
| 2005 | -- | $24,500 +10.9% |
| 2004 | $1,684 +4.6% | $22,090 +5.6% |
| 2003 | $1,610 +13.2% | $20,920 +0.8% |
| 2002 | $1,423 | $20,750 +17.9% |
| 2001 | -- | $17,600 +3.5% |
| 2000 | $1,333 | $17,000 |
Find assessor info on the county website
Neighborhood: 62002
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10East Elementary SchoolGrades: 3-5Distance: 0.8 mi
- 4/10Alton Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Alton High SchoolGrades: 9-12Distance: 2.7 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.
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Estimated market value
$62,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$62,900
- Illinois
- Madison County
- Alton
- 62002
- 1416 Milton Rd
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