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Investment Opportunity in Alton IL 1 Retail Properties Offered at $200,000 in Alton, IL



Executive Summary
**ATTENTION INVESTORS – INCOME-PRODUCING MULTI-PROPERTY PACKAGE!**
Exceptional opportunity to acquire a multi-property investment portfolio consisting of **518-521 Ridge St and 600 Ridge St**, featuring a total of **9 mixed-use commercial and residential units**, plus **2 additional vacant lots** included in the sale.
Additional parcel numbers included:
* 23-2-07-12-17-304-008
* 23-2-07-12-17-304-010
* 23-2-07-12-17-304-011
The seller has extensively updated all but one of the residential units, providing investors with a largely improved asset and strong income potential. Financial information including Gross Operating Income, Net Income, and Total Expenses reflects operations from **January–December 2024**.
**520 1/2 Ridge St is currently vacant and available for showings.** Please do not disturb tenants. Access to occupied units will be coordinated upon acceptance of an offer.
Property is being sold **As-Is, Where-Is**. Listed property taxes reflect **518-521 Ridge St only**. All information is believed to be accurate but should be independently verified by Buyer and/or Buyer's Agent.
Expand your portfolio with this rare mixed-use investment opportunity offering multiple income streams and future development potential through the included vacant lots.
Exceptional opportunity to acquire a multi-property investment portfolio consisting of **518-521 Ridge St and 600 Ridge St**, featuring a total of **9 mixed-use commercial and residential units**, plus **2 additional vacant lots** included in the sale.
Additional parcel numbers included:
* 23-2-07-12-17-304-008
* 23-2-07-12-17-304-010
* 23-2-07-12-17-304-011
The seller has extensively updated all but one of the residential units, providing investors with a largely improved asset and strong income potential. Financial information including Gross Operating Income, Net Income, and Total Expenses reflects operations from **January–December 2024**.
**520 1/2 Ridge St is currently vacant and available for showings.** Please do not disturb tenants. Access to occupied units will be coordinated upon acceptance of an offer.
Property is being sold **As-Is, Where-Is**. Listed property taxes reflect **518-521 Ridge St only**. All information is believed to be accurate but should be independently verified by Buyer and/or Buyer's Agent.
Expand your portfolio with this rare mixed-use investment opportunity offering multiple income streams and future development potential through the included vacant lots.
Property Facts
| Price | $200,000 | Number of Properties | 2 |
| Price / SF | $27.97 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 7,151 SF |
| Status | Active | Total Land Area | 0.14 AC |
| Price | $200,000 |
| Price / SF | $27.97 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 7,151 SF |
| Total Land Area | 0.14 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 518-528 Ridge St, Alton, IL 62002 | Retail | 7,151 SF | 1940 | - |
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Investment Opportunity in Alton IL
