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518 Ridge Street

Alton, IL 62002

– beds
– baths
– sqft
1940 build
– on site

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. DO NOT DISTURB TENANTS. Viewing of occupied unit(s) to be coordinated upon an accepted offer. 520 1/2 is a vacant unit and can be scheduled for showings. Information is assumed accurate; Buyer or Buyer's Agent to verify all information.

Listing courtesy of MARIS / Keller Williams Marquee

Last checked: Checking… • Last updated Jun 30, 2025 •

MLS# 25010496 —

The Building

Year Built:

1940
Number Of Buildings:

2
New Construction:

false
Construction Materials:

Brick
Architectural Style:

Low/1-2
Unit Count:

3
Number Of Units Total:

9
Basement:

false

Interior

Fireplace:

false
Laundry Features:

In Unit

Financial & Terms

Listing Terms:

Cash, Conventional
Ownership Type:

Owner by Contract
Possession:

Subject To Tenant Rights

Location

Longitude:

-90.173964
Latitude:

38.892649

The Property

Property Sub Type:

5 Family or More
Property Type:

Residential Income
Parcel Number:

23-2-07-13-05-101-003
Lot Size Units:

Acres
Lot Size Dimensions:

76.4 X 82.5
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$4,884

Heating & Cooling

Cooling:

Central Air, Electric
Heating:

Forced Air, Electric

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Electric Water Heater

Schools

Elementary School:

Alton Dist 11
Middle School:

Alton Dist 11
High School:

Alton
High School District:

Alton Dist 11

The Community

Subdivision Name:

Hunter & Russells Add
Pool:

No

Parking

Parking Features:

Open, Parking Lot, Unassigned
Garage:

false
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/18/25 Jun 18, 2025	Listed / Active	MARIS	$240,000	45.5% (21.6% / YR)
5/12/23 May 12, 2023		MARIS	$165,000

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This multifamily located in Alton, IL 62002 is currently for sale for $240,000. 518 Ridge Street is a – square foot multifamily with – beds and – baths that has been on Estately for 14 days. This multifamily is in the attendance area of Alton Middle School, North Elementary School, and Alton High School.

Listing Courtesy of: MARIS and Keller Williams Marquee.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Information from Third Parties, Deemed Reliable but Not Verified.