# 411 Sheridan Street, Bethalto, IL 62010

> **TL;DR:** residential multi family, $225,000 ($89/sqft), built 1945, 2,520 sqft.
> Basement. Est. $975/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $225,000 |
| Price/sqft | $89 |
| Square Feet | 2,520 |
| Year Built | 1945 |
| Lot Size | 9,718 sqft (0.22 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:** BETHALTO DIST 8
- **Middle:** BETHALTO DIST 8
- **High:** Bethalto

## Key Amenities

- Basement

## Property Highlights

- Built in 1945
- 0.22 acre lot

## Description

### Agent Description
Turnkey income-producing opportunity in Bethalto, IL with immediate cash flow and value-add upside. This well-maintained 3-unit property is ideal for investors seeking a mix of stability and growth. The main house features durable updates including newer siding and windows, and is thoughtfully divided into two units: a spacious 2-bedroom, 1-bath main level unit, and a 1-bedroom, 1-bath upper unit with a bonus room—perfect for increasing rental appeal and flexibility. A full basement provides additional storage and utility space, enhancing tenant convenience  The standout feature is the detached carriage house—a fully remodeled, two-level unit offering 1 bedroom and 2 bathrooms. This unique layout commands strong rental interest and premium potential compared to typical 1-bedroom units. All units include private laundry—a highly desirable amenity that supports tenant retention and higher rents. Appliances are included as noted, minimizing upfront costs for a new owner. With two units already occupied, you’ll benefit from immediate income while retaining the opportunity to optimize rents or owner-occupy one unit. The expense structure is straightforward: owner covers water, sewer, and trash, while tenants pay gas and electric, helping maintain predictable operating costs. Whether you’re expanding your portfolio or entering the multifamily market, this property offers a compelling combination of current returns, tenant-friendly features, and long-term upside.

## Location

- **Address:** 411 Sheridan Street, Bethalto, IL 62010
- **County:** Madison
- **Neighborhood:** First Add
- **Coordinates:** 38.906238, -90.037495
- **Google Maps:** https://www.google.com/maps?q=38.906238,-90.037495

## Listing Agent

- **Name:** Ginny Becker
- **Brokerage:** Landmark Realty
- **Phone:** 6185609397
- **Email:** ginny_becker@yahoo.com

## Primary Photo

![411 Sheridan Street - Primary Photo](http://lh.rdcpix.com/86bc4a66be0405fdea8495a9ec1b84ael-f1182139239r.jpg)

*39 total photos available on [listing page](https://www.propertysimple.com/listing/411-sheridan-street-bethalto-il-62010-26015888)*

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**MLS#:** 26015888 | **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/411-sheridan-street-bethalto-il-62010-26015888)

---

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