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About This Home

This 0-bedroom, 0-bathroom residential multi family at 617 State Street in Alton, IL is listed for $495,000. Built in 1861, on a 0.21 acres lot.

Agent Description

Commonly known as the Haagen Haus, this remarkable Civil War-era residence blends timeless elegance, rich history, and exceptional investment potential in the heart of Alton's charming Christian Hill neighborhood. Showcasing over 4,300 square feet of beautifully appointed living space, this fully furnished property features stunning hardwood floors

, soaring ceilings, four fireplaces, attractive finishes and fixtures, and views of the iconic Alton Bridge. Currently operating as a successful hospitality-oriented guest house, the property is configured as four separate living units, each with its own kitchen and included appliances, offering incredible flexibility for investors, owner-occupants, or multi-generational living.

Generate income by renting all four units, or enjoy the home as your primary residence while leasing one, two, or three additional units to offset ownership costs. The lower-level suite offers a private entrance through a wrought-iron gated courtyard, full lookout windows, a private brick patio, and the perfect setup for an in-law suite, guest quarters, or additional income-producing space.

Situated on a prominent corner lot exceeding 9,000 square feet, the outdoor spaces are equally impressive. A private brick-sided courtyard patio with included gazebo provides an inviting setting for entertaining, special events, family gatherings, or peaceful relaxation.

Charming brick-lined streets and the character-filled surroundings of Christian Hill further enhance the property's appeal. With an established Airbnb presence, excellent guest reviews, proven rental history, growing tourism demand, low-maintenance management, and furnishings included, this turnkey opportunity is ready for immediate enjoyment and income generation.

Whether you're seeking a distinguished historic residence, a thriving hospitality business, or a unique live-and-earn opportunity, the possibilities are truly endless at the Haagen Haus. Courtyard Suite: 1 BR, 1 BA, Larger Unit w/ private courtyard patio access, $2112 rent; Eagle view Suite: 2 BR, 1 BA, two level unit, $1920 Rent; Sky View Suite: 1 BR, 1 BA, $1608 Rent; Garden View Suite: 1 BR, 1 BA, Private Entrance and Garden Patio, $1740 Rent.

Key Features

  • Built in 1861
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
1861

Amenities

Basement

Monthly Cost Estimate

$2,647/mo

20% down · 6.5% · 30 years

Principal$358
Interest$2,145
Insurance$144

Estimates only. Actual payments may vary.

Location

617 State Street

Alton, IL 62002

Mulledys John Sub

Features & Amenities

Exterior Features

Corner LotViewsFencing

Property Details

Construction

Brick

Parking

On Street

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 617 State Street is listed at $495,000. The estimated monthly payment is $2,145 based on 20% down at 6.5% interest.

Key features include: Built in 1861, 0.21 acre lot, 2 stories. Exterior Features: Corner Lot, Views, Fencing.

This property is listed by Jenni Studebaker and can be reached at 6184662325 or jenni@jennisellshomes.com.

JS

Jenni Studebaker

Agent at RE/MAX Alliance

(618) 466-2325

Listed by RE/MAX Alliance · View on Broker Site

MLS# 26037113· Source: listhub· Updated today

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617 State Street, Alton, IL 62002

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