Live in one unit and rent out the others in this historic 4-unit property. Rental income from the additional units offers strong potential to significantly offset, or potentially cover, your mortgage.
Welcome to the historic Häagen Haus, a rare opportunity to own a four-unit property in the heart of downtown Alton.
Each of the four units offers its own distinct character, featuring vaulted ceilings, fireplaces, and thoughtfully designed interiors that blend historic charm with modern comfort. Two of the units include private patios, adding valuable outdoor living space. All units are equipped with smart TVs and convenient keypad entry, providing ease, security, and a seamless guest experience.
This property has a strong history of successful short-term and long-term rentals, with consistent demand and reliable occupancy. A property manager is already in place and willing to continue managing rentals for the new owner, making this a truly turnkey opportunity.
Whether operated as a full rental portfolio, a long-term investment, or an owner-occupied property with additional income, Häagen Haus offers exceptional flexibility and strong income potential.
For sale by owner
$519,900
617 State St, Alton, IL 62002
5beds
4,200sqft
Est.:
MultiFamily
Built in 1861
-- sqft lot
$-- Zestimate®
$124/sqft
$-- HOA
What's special
Private patiosSmart tvsVaulted ceilingsConvenient keypad entryOutdoor living space
What the owner loves about this home
• Historic Häagen Haus charm in the heart of downtown Alton
• Highly successful Airbnb with proven rental performance
• Property manager willing to continue managing Airbnb for new owner
• Four fully independent units with strong income potential
• Live in one unit while renting out the others
• Vaulted ceilings and fireplaces in each unit
• Private patios for outdoor relaxation
• Smart TVs in all units for modern comfort
• Convenient keypad entry for all units
• Steps from the restaurant district and local attractions
• Ideal for short-term rentals, long-term tenants, or mixed use
• Excellent walkability and highly desirable location
- 6 days |
- 779 |
- 33 |
Listed by:
Property Owner (636) 578-1841
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air, Other, Gas
Cooling
- Central
Appliances
- Included: Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Hardwood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 4,200 sqft
Property
Parking
- Parking features: On-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: Water, City
- Has water view: Yes
- Water view: Water
Lot
- Size: 9,042 Square Feet
Details
- Parcel number: 232071118303025
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Shake / Shingle
Condition
- New construction: No
- Year built: 1861
Community & HOA
Location
- Region: Alton
Financial & listing details
- Price per square foot: $124/sqft
- Tax assessed value: $267,750
- Annual tax amount: $7,255
- Date on market: 4/16/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,873/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Listed for sale | $519,900-4.6%$124/sqft |
Source: Owner Report a problem | ||
| 1/3/2024 | Listing removed | -- |
Source: | ||
| 2/7/2023 | Listed for sale | $545,000+98.2%$130/sqft |
Source: | ||
| 1/6/2020 | Sold | $275,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,255 +6.4% | $89,250 +10.7% |
| 2023 | $6,818 +6.7% | $80,600 +10.6% |
| 2022 | $6,392 +1.9% | $72,860 +6.4% |
| 2021 | $6,272 +12.6% | $68,470 +3.7% |
| 2020 | $5,570 -3.1% | $66,020 +2.3% |
| 2019 | $5,745 | $64,510 +2.7% |
| 2018 | -- | $62,840 |
| 2017 | $5,015 -2.3% | $62,840 |
| 2016 | $5,136 | $62,840 |
| 2015 | $5,136 | $62,840 |
| 2014 | $5,136 | $62,840 -2.6% |
| 2013 | $5,136 | $64,540 -5% |
| 2012 | -- | $67,940 -2.9% |
| 2011 | -- | $70,000 -18.8% |
| 2010 | -- | $86,200 +1.7% |
| 2009 | -- | $84,730 +46.5% |
| 2007 | -- | $57,850 +12.3% |
| 2005 | -- | $51,510 -14.8% |
| 2004 | $4,340 +5% | $60,430 +5.6% |
| 2003 | $4,134 +15.2% | $57,200 +0.8% |
| 2002 | $3,589 | $56,750 +11.4% |
| 2001 | -- | $50,930 +3.5% |
| 2000 | $3,584 | $49,200 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,328/mo
Principal & interest
$2518
Property taxes
$810
More affordability tools
Climate risks
Neighborhood: 62002
Nearby schools
GreatSchools rating
- 3/10West Elementary SchoolGrades: 2-5Distance: 0.9 mi
- 4/10Alton Middle SchoolGrades: 6-8Distance: 2 mi
- 3/10Alton High SchoolGrades: PK,9-12Distance: 3.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Madison County
- Alton
- 62002
- 617 State St




