Active

Listing Provided by: Cole Jones Group with Elevate Illinois Realty

Price cut: $30K (4/3)

$200,000

518 Ridge St, Alton, IL 62002

6beds

3baths

--sqft

Est.:

Multi Family

Built in 1940

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

**BACK ON MARKET - NO FAULT OF SELLER** THIS IS A MULTI-PACKAGE DEAL! 518-521 Ridge St and 600 Ridge St (These are mixed-use Commercial / Residential Units - 9 Units Total) & 2 additional, vacant lots. Additional parcel numbers included in sale: 23-2-07-12-17-304-008, 23-2-07-12-17-304-010 & 23-2-07-12-17-304-011. LISTED TAXES reflect ONLY 518-521 Ridge St. Gross Operating Income, Net Income and Total Expense reflect Jan - Dec, 2024. Seller updated all but one of the residential units. 520 1/2 Ridge St is vacant and able to be shown. DO NOT DISTURB OTHER TENANTS; Viewing of occupied unit(s) to be coordinated upon an accepted offer. Property being sold as-is, where-is. Information is assumed accurate; Buyer or Buyer's Agent to verify all information.

370 days

732

13

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Forced Air, Electric

Cooling

Central Air, Electric

Appliances

Included: Electric Water Heater
Laundry: In Unit

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: Open, Parking Lot, Unassigned
Has uncovered spaces: Yes

Lot

Size: 6,303 Square Feet
Dimensions: 76.4 x 82.5

Details

Parcel number: 232071305101003
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Low/1-2
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Hunter & Russells Add

Location

Region: Alton

Financial & listing details

Annual tax amount: $4,884
Date on market: 4/5/2025
Cumulative days on market: 370 days
Listing terms: Cash,Conventional
Inclusions: Building, Land, Other - Contact Agent
Ownership: Owner by Contract
Tenant pays: Cable TV, Electricity

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/3/2026	Price change	$200,000-13%
Source: MARIS #25010496 Report a problem
3/9/2026	Listed for sale	$230,000
Source: MARIS #25010496 Report a problem
1/13/2026	Contingent	$230,000
Source: MARIS #25010496 Report a problem
11/17/2025	Listed for sale	$230,000-4.2%
Source: MARIS #25010496 Report a problem
10/23/2025	Contingent	$240,000
Source: MARIS #25010496 Report a problem
9/19/2025	Listed for sale	$240,000
Source: MARIS #25010496 Report a problem
7/28/2025	Contingent	$240,000
Source: MARIS #25010496 Report a problem
6/18/2025	Listed for sale	$240,000+45.5%
Source: MARIS #25010496 Report a problem
5/12/2023	Sold	$165,000
Source: MARIS #23000450 Report a problem