Last Sold Price
3,691 sqft$45/sqft
702 Milton Rd, Alton, IL 62002

Description

Fantastic investment opportunity in convenient Milton area location with good visibility. This
commercial property is zoned C-2 and offers (2) 1 bedroom units, (1) 1 bedroom efficiency unit, (1) 3
bedroom unit, and all unit appliances stay. The lower level offers a large commercial office / store
front space, a workshop area, and a large storage area with (2) overhead garage doors that would be
great for an even larger workshop or could be divided into storage spaces to rent for additional
income. All
...Fantastic investment opportunity in convenient Milton area location with good visibility. This
commercial property is zoned C-2 and offers (2) 1 bedroom units, (1) 1 bedroom efficiency unit, (1) 3
bedroom unit, and all unit appliances stay. The lower level offers a large commercial office / store
front space, a workshop area, and a large storage area with (2) overhead garage doors that would be
great for an even larger workshop or could be divided into storage spaces to rent for additional
income. All units are on separate electric, gas, water, and sewer. Also, included in this sale are (2)
vacant lots which are zoned C-2. Parcel #'s for additional lots are 23-2-08-17-10-103-020 & 23-2-08-
17-10-103-021. Don't miss the opportunity to add this one to your investment portfolio!
LISTING CLOSED: 04/30/2021 12:00 AM

  1. Listed by John Kodros • Market Pro Realty, Inc
    P: (618) 251-9121

Property Details for 702 Milton Road

Status
MLS #
21009281
Days on Market
63
Taxes
$5,537 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Commercial Sale / Multi-Family 5+
Year Built
1945
Lot Size
0.56 AC / 24,481 SF

Recent comparable sales

Median sold price

$187,000

Avg days on market

183

Sale-to-list ratio

92.6%

Alton, IL

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Square Feet
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Acres
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Bedrooms
Unavailable
Bathrooms
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Square Feet
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Acres
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Bedrooms
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Acres
a front view of a house with a yard
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Sold 09/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
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Acres

Amenities

  • Air Conditioning
  • Forced Air
  • Garage
  • Parking Included
  • Unassigned Parking

Location

Listing Courtesy of Market Pro Realty, Inc

Sold By Landmark Realty

Add your commute

Building Information for 702 Milton Road

Stories-Residences5Year Built1945Building Size-Lot Size0.56 AC / 24,481 SF

Payment Calculator

$1,310 per month

30 year fixed, 6.55% Interest

Principal and Interest

$849

Property Taxes

$461

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 702 Milton Road

Summary
Location and General Information
  • City: Alton
  • County Or Parish: Madison-IL
  • Directions: Broadway to Come-in Place to Milton Rd. (at corner of Milton Rd. and Come-in Place)
  • Location: City
  • Postal Code: 62002
  • State Or Province: IL
  • Sub division Name: Curdie Heights
  • Postal Code Plus 4: 2134
Taxes and HOA Information
  • List AOR: Greater Gateway Association of Realtors
  • Parcel Number: 23-2-08-17-10-103-022
  • Tax Annual Amount: $5,537.00
  • Tax Year: 2019
Owner
  • Township: Alton
Parking
  • Attached Garage: No
  • Parking Features: 2+ Space/Unit, Unassigned, Unpaved
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
  • Lot Size Acres: 0.562
  • Lot Size Dimensions: 24481
  • Lot Size Source: County Records
  • Lot Size Square Feet: 24481.0
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 3691.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 4
  • Photos Count: 17
  • Videos Count: 0
  • Year Built: 1945
  • Disclosures: Unknown, Sellers Discl Not Av
  • Age: 76
  • Construction Materials: Vinyl Siding
  • BuyerFinancing: Conventional
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Gas
  • Cooling: Electric
  • Heating: Forced Air
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • One Bed Unit Baths: 2 or More Per Unit
  • One Bed Unit Includes: 4 Rooms
  • One Bed Unit Rent: 500
  • Bedroom number of Units: 2
  • TYPE: Apartment Complex,Other
  • Three Bed Unit Baths: 1 1/2 Per Unit
  • Three Bed Unit Includes: 6 Rooms
  • Three Bed Unit Rent: 700
  • Three Bed Unit Units: 1
Income & Expenses
  • Net Operating Income: $1,507.00
  • Total Expenses: 13918.00
Rental
Rent Information
  • Efficiency Rent: 400
  • Tenant Pays: All Utilities
  • Efficiency Baths: 1 Full
  • Efficiency Units: 1

Property History for 702 Milton Road

DateEvent & SourcePriceAppreciation
Apr 30, 2021

Closed (Public Record)

Public Record #1461121349

$167,000
Apr 30, 2021

Closed

MARIS #21009281

$167,000
Apr 16, 2021

Pending

MARIS #21009281

DateEvent & SourcePrice
04/30/2021

Closed (Public Record)

Public Record #1461121349

$167,000
04/30/2021

Closed

MARIS #21009281

$167,000
04/16/2021

Pending

MARIS #21009281

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

Public Records for 702 Milton Road

Taxable ValueLand$8,410Additions$74,940Total$83,350
Tax Record2025$6,672 ($556 / month)
Home Facts
Total Finished SqFt3,691 SqFtAbove Grade Finished SqFt3,691 SqFtStories1Lot Size15,120 SqFtStyleMulti-Family Res (5+ Units)CountyMADISONAPN23-2-08-17-10-103-022

Schools near 702 Milton Road

This home is within Alton Community Unit School District 11.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
East Elementary School
Public3 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 702 Milton Road, Alton, IL 62002
$167,000
3,691
24,481
$167,000
4,568
$43,000
2
2
1,050
29,833
$56,000
2
864
5,184
$55,000
2
800
4,922
$75,000
2
960
4,556

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Market Pro Realty, Inc

Based on information submitted to the MLS GRID as of 04/30/2021 12:58 PM. 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.