Alton, IL 62002 518 Ridge Street
$240,000
9 more
Presented By: Keller Williams Marquee
Beds • 6
Beds • 6Home Details
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.
Information is assumed accurate; Buyer or Buyer’s Agent to verify all information.
Presented By: Keller Williams Marquee
Interior Features for 518 Ridge Street
Bedrooms
Total Bedrooms
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Basement (Y/N)No
Fireplace Y/NNo
Laundry FeaturesIn Unit
General for 518 Ridge Street
AppliancesElectric Water Heater
Architectural StyleLow/1-2
Carport Y/NNo
CityAlton
Construction MaterialsBrick
CoolingCentral Air, Electric
CountyMadison
DirectionsGPS Friendly
DisclosuresUnknown
Elementary SchoolALTON DIST 11
Full Baths
Garage Y/NNo
Gross Income42302
HeatingForced Air, Electric
High SchoolAlton
High School DistrictAlton DIST 11
Legal DescriptionHUNTER & RUSSELLS ADD NORTH 1/2 LOT 9 & 10 76.40 X 82.5
Lot Size UnitsAcres
Middle/Junior High SchoolALTON DIST 11
ModificationTimestamp2025-07-28T19:05:38.558Z
Net Operating Income8055
New ConstructionNo
Number Of Units Total9
Operating Expense34216
Ownership TypeOwner by Contract
PossessionSubject To Tenant Rights
Property Subtype5 Family or More
Property TypeResidential Income
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Subdivision NameHunter & Russells Add
Tax Annual Amount4884
Tax Year2023
Tenant PaysCable TV, Electricity
TownshipAlton
Year Built1940
Exterior for 518 Ridge Street
InclusionsBuilding, Land, Other – Contact Agent
Lot Dimensions76.4 X 82.5
Number of Buildings2
Parking FeaturesOpen, Parking Lot, Unassigned
Total Parking0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Alton Dist 11 Elementary School
Middle School
Alton Dist 11 Middle School
High School
Alton High School
Craig Ziegel
Realtor
