This multi-family property is ready for new beginnings. Located in a historic district, it offers charming surroundings and sweeping views of the Mississippi River. The building has been gutted and is primed for redevelopment, giving investors or owner-occupants a blank slate to create something truly special.
With its unbeatable location and strong structural potential, this property is ideal for anyone looking to restore and revitalize in one of the area's most storied neighborhoods.
Active
Listed by: Landmark Realty
$200,000
427 E 4th St, Alton, IL 62002
4beds
2baths
2,275sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$88/sqft
$-- HOA
What's special
- 90 days |
- 367 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Nicholas Schranck 618-978-1619,
Landmark Realty
Source: MARIS,MLS#: 26018482
Originating MLS: Southwestern Illinois Board of REALTORS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,275
- Total interior livable area: 2,275 sqft
- Finished area above ground: 2,275
Property
Parking
- Parking features: No Driveway
- Has uncovered spaces: Yes
Lot
- Size: 9,583 Square Feet
Details
- Parcel number: 232071408201016
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1940
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Alton
HOA
- Has HOA: No
Location
- Region: Alton
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $126,630
- Annual tax amount: $2,998
- Date on market: 3/30/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Listed for sale | $200,000$88/sqft |
Source: | ||
| 12/5/2025 | Listing removed | $200,000$88/sqft |
Source: | ||
| 6/4/2025 | Listed for sale | $200,000+207.7%$88/sqft |
Source: | ||
| 9/22/2021 | Sold | $65,000$29/sqft |
Source: | ||
| 9/22/2021 | Pending sale | $65,000-18.6%$29/sqft |
Source: | ||
| 9/8/2016 | Listing removed | $79,900$35/sqft |
Source: Re/Max River Bend #16012892 Report a problem | ||
| 3/15/2016 | Listed for sale | $79,900-19.3%$35/sqft |
Source: Re/Max River Bend #16012892 Report a problem | ||
| 11/30/2006 | Sold | $99,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,431 +6.4% | $42,210 +10.7% |
| 2023 | $3,224 +6.7% | $38,120 +10.6% |
| 2022 | $3,023 +1.9% | $34,460 +6.4% |
| 2021 | $2,967 +2.4% | $32,390 +3.7% |
| 2020 | $2,899 -3.3% | $31,240 +2.3% |
| 2019 | $2,998 | $30,530 +2.7% |
| 2018 | -- | $29,740 -2.9% |
| 2017 | $2,962 +7.4% | $30,620 |
| 2016 | $2,759 | $30,620 |
| 2015 | $2,759 | $30,620 |
| 2014 | $2,759 | $30,620 -2.6% |
| 2013 | $2,759 | $31,450 -2% |
| 2012 | -- | $32,100 -3% |
| 2011 | -- | $33,080 -2.6% |
| 2010 | -- | $33,960 +1.7% |
| 2009 | -- | $33,380 +24.8% |
| 2007 | -- | $26,740 +8.4% |
| 2005 | -- | $24,670 +10.8% |
| 2004 | $1,697 +4.7% | $22,260 +5.7% |
| 2003 | $1,621 +1.3% | $21,060 +0.8% |
| 2002 | $1,601 | $20,900 +5.4% |
| 2001 | -- | $19,820 +3.6% |
| 2000 | $1,501 | $19,140 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 62002
Nearby schools
GreatSchools rating
- 3/10West Elementary SchoolGrades: 2-5Distance: 1.3 mi
- 4/10Alton Middle SchoolGrades: 6-8Distance: 1.7 mi
- 3/10Alton High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Alton Dist 11
- Middle: Alton Dist 11
- High: Alton
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Madison County
- Alton
- 62002
- 427 E 4th St







