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!
Closed
Listed by: Keller Williams Pinnacle • Jean Lewis • 618-799-9205
Bought with: Worth Clark Realty
$115,000
983 Riley Ave, Alton, IL 62002
5beds
2baths
1,872sqft
Multi Family
Built in 1940
-- sqft lot
$115,100 Zestimate®
$61/sqft
$1,002 Estimated rent
Home value
$115,100
$107,000 - $124,000
$1,002/mo
Zestimate® history
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$665/mo
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List your homeWhat's special
Functional layoutsFresh paintIn unit laundryAdditional usable spaceAmple storageUpdated kitchenDesirable unit sizes
Zillow last checked:
Listing updated:
Listed by:
Jean Lewis 618-799-9205,
Keller Williams Pinnacle
Bought with:
Julie A Carter, 2023023218
Worth Clark Realty
Source: MARIS,MLS#: 26012228
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & 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 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: $61/sqft
- Tax assessed value: $19,590
- Annual tax amount: $531
- Date on market: 3/3/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Sold | $115,000-8%$61/sqft |
Source:  MARIS #26012228 Report a problem | ||
| 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 |
Find assessor info on the county website
Neighborhood: 62002
Nearby homes
- $--3 bd1 ba1.2k sqft983 Riley Ave #B, Alton, IL 62002Off Market
- $--2 bd1 ba800 sqft983 Riley Ave UNIT A, Alton, IL 62002Off Market
- $36,6001 bd1 ba694 sqft985 Riley Ave, Alton, IL 62002Off Market
- $49,6202 bd1 ba1.2k sqft947 Riley Ave, Alton, IL 62002Off Market
- $5,880-- bd-- ba-- sqft947 Riley Ave, Alton, IL 62002Off Market
- $1,440-- bd-- ba-- sqftDella Ave, Alton, IL 62002Off Market
- $36,2702 bd1 ba754 sqft2524 Della Ave, Alton, IL 62002Off Market
- $6003 bd1 ba1.5k sqft982 Riley Ave, Alton, IL 62002Off Market
Nearby schools
GreatSchools rating
- NAEunice Smith Elementary SchoolGrades: K-2Distance: 0.5 mi
- 4/10Alton Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Alton High SchoolGrades: 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.
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Estimated market value
$115,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$115,100
- Illinois
- Madison County
- Alton
- 62002
- 983 Riley Ave
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