# 1011 State Street, Alton, IL 62002

> **TL;DR:** residential multi family, $225,000 ($59/sqft), built 1963, 3,826 sqft. Est. $975/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $225,000 |
| Price/sqft | $59 |
| Square Feet | 3,826 |
| Year Built | 1963 |
| Lot Size | 8,999 sqft (0.21 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $975 |
| **Total** | **$975** |

## Nearby Schools

- **Elementary:** ALTON DIST 11
- **Middle:** ALTON DIST 11
- **High:** Alton

## Property Highlights

- Built in 1963
- 0.21 acre lot

## Description

### Agent Description
This charming two-story building features five well-appointed apartments, making it an excellent investment opportunity. The layout includes one cozy efficiency unit, two, one-bedroom apartments, and two spacious two-bedroom residences, catering to a variety of tenant needs. Each apartment offers comfortable living spaces, with ample natural light and modern amenities. The property is well-maintained, with a welcoming exterior and potential for strong rental income. Ideal for investors looking to enhance their portfolio, this building is perfectly positioned for both long-term and short-term rentals. Property to be SOLD AS IS. Seller to make no repairs. Please do not disturb tenants.

## Location

- **Address:** 1011 State Street, Alton, IL 62002
- **County:** Madison
- **Neighborhood:** Not in a subdivision
- **Coordinates:** 38.897211, -90.192045
- **Google Maps:** https://www.google.com/maps?q=38.897211,-90.192045

## Listing Agent

- **Name:** Jason Jackson
- **Brokerage:** Tarrant and Harman Real Estate and Auction Co
- **Phone:** 6185582424
- **Email:** jason@tarrantandharman.com

## Primary Photo

![1011 State Street - Primary Photo](http://lh.rdcpix.com/db8876413bebb72b965ca597a68fdc6cl-f2142436383r.jpg)

*51 total photos available on [listing page](https://www.propertysimple.com/listing/1011-state-street-alton-il-62002-26012839)*

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**MLS#:** 26012839 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1011-state-street-alton-il-62002-26012839)

---

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