1011 State St

4
Baths
3,826 Sq. Ft.
$59 / Sq. Ft.
3,826
Sq. Ft.
$59
per Sq. Ft.

Description

This charming two-story building features five well-appointed apartments, making it an excellent investment opportunity. The layout includes one cozy efficiency unit, two, one-bedroom apartments, and two spacious two-bedroom residences, catering to a variety of tenant needs. Each apartment offers comfortable living spaces, with ample natural light and modern amenities. The property is well-maintained, with a welcoming exterior and potential for strong rental income. Ideal for investors looking to...This charming two-story building features five well-appointed apartments, making it an excellent investment opportunity. The layout includes one cozy efficiency unit, two, one-bedroom apartments, and two spacious two-bedroom residences, catering to a variety of tenant needs. Each apartment offers comfortable living spaces, with ample natural light and modern amenities. The property is well-maintained, with a welcoming exterior and potential for strong rental income. Ideal for investors looking to enhance their portfolio, this building is perfectly positioned for both long-term and short-term rentals. Property to be SOLD AS IS. Seller to make no repairs. Please do not disturb tenants.
  1. Listed by Jason Jackson • Tarrant and Harman Real Estate and Auction Co

Property Details for 1011 State Street

Architectural Style
Other
Waterfront
No
LISTING UPDATED: 03/07/2026 10:03 AM

Property Details for 1011 State Street

StatusActive
MLS #26012839
Days on Market14
Taxes$3,079 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 2-4 Units
Year Built1963
Lot Size0.21 AC / 8,999 SF
CountyMadison County IL

Location

Listing Courtesy of Tarrant and Harman Real Estate and Auction Co
Add your commute

Building Information for 1011 State Street

Stories-Residences5Year Built1963Building Size-Lot Size0.21 AC / 8,999 SF

Payment Calculator

$1,349 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,092

Property Taxes

$257

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1011 State Street

Summary
Location and General Information
  • City: Alton
  • County Or Parish: Madison
  • Latitude: 38.897211
  • Longitude: -90.192045
  • Postal Code: 62002
  • State Or Province: IL
  • Sub division Name: Not in a subdivision
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 23-2-07-11-13-304-006
  • Tax Annual Amount: $3,079.00
  • Tax Year: 2023
Parking
  • Carport: No
  • Garage: No
  • Parking Features: On Street
School Information
  • Elementary School: ALTON DIST 11
  • High School: Alton
  • High School District: Alton DIST 11
  • Middle Or Junior School: ALTON DIST 11
Property
Lot Information
  • Living Area: 3826.0
  • Lot Size Acres: 0.2066
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 8999.5
  • Property Sub Type: 2-4 Units
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 3826.0
  • Above Grade Finished Area Source: Assessor
  • Documents Count: 0
  • Photos Count: 51
  • Year Built: 1963
  • Disclosures: None
  • Construction Materials: Other
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bedrooms Total: 0
  • Cooling: Wall/Window Unit(s)
  • Fireplace: No
  • Heating: Natural Gas, Forced Air
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Net Operating Income: $.00
Unit 1
  • UnitType Beds Total: 1.0
Unit 2
  • UnitType Beds Total: 1.0
Unit 3
  • UnitType Beds Total: 2.0
Unit 4
  • UnitType Beds Total: 2.0

Property History for 1011 State Street

DateEvent & SourcePriceAppreciation
Mar 6, 2026

Listed (Active)

MARIS #26012839

$225,000—
Aug 31, 2025

Expired

MARIS #24061432

$249,000—
Sep 26, 2024

Withdrawn

MARIS #24059423

$289,000—
Sep 26, 2024

Listed (Active)

MARIS #24061432

$289,000—
Sep 20, 2024

Listed (Active)

MARIS #24059423

$289,000—
Jun 29, 2018

Closed

MARIS #18011243

$132,500—
Jun 28, 2018

Closed (Public Record)

Public Record #626236774

$132,500

+2.4% / yr

Mar 1, 2018

Pending

MARIS #18011243

—
Feb 22, 2018

Listed (Active)

MARIS #18011243

$135,000—
May 2, 2006

Closed (Public Record)

Public Record #199185975

$99,000—
DateEvent & SourcePrice
03/06/2026

Listed (Active)

MARIS #26012839

$225,000
08/31/2025

Expired

MARIS #24061432

$249,000
09/26/2024

Withdrawn

MARIS #24059423

$289,000
09/26/2024

Listed (Active)

MARIS #24061432

$289,000
09/20/2024

Listed (Active)

MARIS #24059423

$289,000
06/29/2018

Closed

MARIS #18011243

$132,500
06/28/2018

Closed (Public Record)

Public Record #626236774

$132,500

+2.4% / yr

03/01/2018

Pending

MARIS #18011243

—
02/22/2018

Listed (Active)

MARIS #18011243

$135,000
05/02/2006

Closed (Public Record)

Public Record #199185975

$99,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1011 State Street

Taxable ValueLand$4,240Additions$36,060Total$40,300
Tax Record2024$3,276 ($273 / month)
Home Facts
Total Finished SqFt3,826 SqFtAbove Grade Finished SqFt3,826 SqFtLot Size9,000 SqFtStyleOffice BuildingYear Built1963CountyMADISONAPN23-2-07-11-13-304-006

Schools near 1011 State Street

This home is within Alton Community Unit School District 11.
Rating
School
Type
Grades
Distance
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
West Elementary School
Public2 to 5

Alton Middle School
Public6 to 8

Alton High School
Public9 to 12

Mark Twain School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1011 State Street is a multi-family home for sale in Alton, IL 62002. This property was listed for sale on March 6, 2026 by Tarrant and Harman Real Estate and Auction Co, it's currently listed at $225,000. It has been on the market for a total of 14 days and was last sold on June 29, 2018. This listing's school district is Alton Community Unit School District 11. Nearby schools include West Elementary School, Alton Middle School and Alton High School. 1011 State Street is a 6-bed, 4-bath, 3,826 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tarrant and Harman Real Estate and Auction Co

Based on information submitted to the MLS GRID as of 03/07/2026 10:03 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.