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!
This duplex is close to completion. Rents can be approximately $1500 per month. New sump pumps added in basement. Newer roof and havc within 5 years. Close to Shopping Areas, Schools, Public Transportation and Interstate Highways. This is a Must See!!!!! Buyer to verify all Listing data including but not limited to sq. ft., measurements, features, lot size, taxes/exemptions, schools and etc.
RENT. #1
Jul 23, 2022
Price Changed
$700
$0/sq ft
Public Records
Mar 23, 2020
Sold
$14,500
$8/sq ft
Public Records
Apr 10, 2008
Sold
$25,000
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$578 (+8.9%)
$2,400 + $4,820
$7,220
2024
$531 (+6.4%)
$2,400 + $4,820
$7,220
2023
$499 (+6.7%)
$2,170 + $4,360
$6,530
2022
$468 (+1.9%)
$1,770 + $3,560
$5,330
2021
$459 (−46.5%)
$1,770 + $3,560
$5,330
2019
$858 (+2.8%)
$1,660 + $3,350
$5,010
2018
$835 (+1.4%)
$1,560 + $7,180
$8,740
2017
$823 (+2.0%)
$1,520 + $6,990
$8,510
2016
$807 (−2.4%)
$1,520 + $6,990
$8,510
2015
$827 (+11.0%)
$1,520 + $6,990
$8,510
2013
$745
$1,490 + $7,010
$8,500
Public record
Beds
3
Baths
0.5
Stories
1
Lot width
50 ft.
Lot depth
180 ft.
Lot size
9,148 Sq. Ft.
Year renovated
—
Sq. Ft.
2,018
Year built
1940
Style
Multi-Family (2-4 Unit)
County
Madison County
APN
231070118301011
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
Property details
Interior
Bedroom Information
Main And Upper Level Bedrooms: 0
Bathroom Information
Main And Upper Level Bathrooms: 0
Basement Information
Has Basement
Basement Features: Block
Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air
Interior Features
Appliances: Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Free-Standing Refrigerator
Multi-Unit Information
# of Units (Total): 2
Unit Count: 2
Number Of Units Leased: 2
Number Of Buildings: 1
Unit Type 1 Information
Unit Type: 2 Bedroom
# of Units: 1
# of Bathrooms: 1
# of Bedrooms: 2
Unit Type 2 Information
Unit Type: 3 Bedroom
# of Units: 1
# of Bathrooms: 1
# of Bedrooms: 3
Exterior
Building Information
Construction Materials: Asphalt, Vinyl Siding
Pool Information
Pool YN: 0
Property Information
Property Type: Residential Income
Property Sub Type: 2-4 Units
Above Grade Finished Area: 1,872
Above Grade Finished Area Source: Appraiser
Below Grade Finished Area Source: Appraiser
Lot Information
Lot Size Acres: 0.21
Lot Size Source: Public Records
Financial
Tax Information
Tax Annual Amount: $531
Tax Year: 2024
Property Assessment City Tax YN: 0
Lease / Rent Details
Existing Sub Lease YN: 0
Lease Considered YN: No
Financial Information
Second Mortgage YN: 0
Utilities
Utility Information
Water Source: Public
Electric: 220 Volts
Location
School Information
Elementary School: ALTON DIST 11
Middle Or Junior High School: ALTON DIST 11
High School: Alton
High School District: Alton DIST 11
Location Information
Address Line: 983 RILEY AVE, ALTN IL 62002
Condo Information
Number Of Units In Community: 2
Public facts
Beds: 3
Baths: 0.5
Sq. Ft.: 2,018
Stories: 1.0
Lot Size: 9,148 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: —
County: Madison County
APN: 231070118301011
Home facts updated by county records on Jul 21, 2026
Other
Listing Information
Seller Consider Concession YN: 1
Home Information
Living Area: 1872
Living Area Source: Appraiser
Living Area Srch Sq Ft: 1872.00
Living Area Unknown YN: 0
Above Grade Finished Area Srch Sq Ft: 1872.00
Below Grade Finished Area Srch Sq Ft: 0.00
Public Records
Structure Type: Duplex
Levels: One
Around this home
22/100 Car-Dependent31/100 Somewhat bikeable
Schools
Places
Transit
Eunice Smith Elementary School
Public K-2 • Assigned • 0.5mi
Alton Middle School
Public 6-8 • Assigned • 0.9mi
4/10
Alton High School
Public 9-12 • Assigned • 1.7mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 106° expected this year, 20 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Alton, IL • 62002
Average low and high temperatures (°F)
36
19
45
27
64
41
70
50
74
56
85
67
89
73
86
67
83
62
73
52
56
41
44
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Sell confidently with a local market expert in Alton.