Available
$21,990(ARV: $100,000)22% of ARV

Madison County, Alton, IL 62002

2 bd1 ba870 sfBuilt 1891

5 days ago

Gross spread$78,010

Description

Property Overview: Type: Single Family Home Size: Approx. 870 sqft Bedrooms/Bathrooms: 2 Bed / 1 Bath HomeOccupancy: Vacant Lot Size: Approx 6000 SQFT + addional lot next to it 4000 sqft Property Highlights: Includes the adjacent 4,000± sq ft lot, currently being used as additional parking, providing added value and future potential. Features a dirt basement with the furnace installed on a concrete slab. Great fix-and-flip opportunity with an estimated ARV of approximately $100,000. Solid layout with excellent value-add potential after renovation. Located in an established neighborhood with renovated comparable homes supporting strong resale values. Ideal opportunity for fix-and-flip investors or buy-and-hold landlords. Repairs Needed Roof replacement needed. Cosmetic updates throughout, including paint and flooring. Kitchen renovation recommended (cabinets, countertops, fixtures, appliances). Bathroom updates to maximize resale value. General repairs and deferred maintenance typical of an older home. Repair Estimate $30,000-$35,000 ARV $95,000-$100,000 Based on the comps 612 E 9th St, Alton, IL 62002 -- 2 bed - 1 bath 768 sqft sold for 99k in March 2026 1122 Vernie Ave, Alton, IL 62002 -- 2 bed 1 bath 708 sqft sold for 90k in Sept 2025 Remember, you miss 100% of the shots you don't take, so don't hesitate to submit your offer! Call Bilal Today at [contact details hidden]!

$/sqft vs market

This deal$25/sqft
Market median$100/sqft
Difference75% below

Median of 10 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms2
Bathrooms1
Square feet870
Lot size6,011 sf
Year built1891
ConditionMajor Repair
OccupancyVacant
ParkingOn street

Systems & condition

HeatingFurnace · 6-10 yrs
Air conditioningWindow units
FoundationOther
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing51
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