$42,400
↓ $4K (7.8%)
●
House -
For Sale
402 Condit Avenue
Alton, IL 62002
2 Beds
1 Bath
925 Ft²
$310
Est. Monthly
About This Property
Great opportunity on this ranch style home. It offers approximately
925 square feet of living space with 2
bedrooms and 1 bathroom. Built in 1934 repairs and updates are needed but has potential. Property sold
"AS-IS" without contingencies, repairs, warranties, guarantees or representation as to listing accuracy,
property information, photo or other depiction included or described herein. Inspect prior bidding. Auction.
bedrooms and 1 bathroom. Built in 1934 repairs and updates are needed but has potential. Property sold
"AS-IS" without contingencies, repairs, warranties, guarantees or representation as to listing accuracy,
property information, photo or other depiction included or described herein. Inspect prior bidding. Auction.
Unit Size
925 Ft²
Days on Market
143 days
Land Size
0.22 acres
Price per sqft
$46
Property Type
House
Property Taxes
$101
HOA Dues
-
Year Built
1930
Listed By
Val Laborevitch
REALHome Services & Solutions, Inc
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 23 days ago (MARIS #MIS26038620)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Price Decreased |
$42,400
↓ $4K
(7.8%) | |
| Price Decreased | |||
| Jul 27, 2026 | Price Change | $45,990 | |
| Price Change | |||
Property Highlights
Air Conditioning
Interior Details
Full Bathrooms: 1
Rooms: 6
Basement: Partial, Unfinished
Exterior Details
Square Footage: 925
Square Footage Source: $0
Architectural Style: Ranch
Year Built Source: Appraiser
Year Built: 1934
Levels: One
Construction Materials: Aluminum Siding
Lot Features: Other
Lot Size Area: 9600.62
Lot Size Units: Square Feet
Lot Size Acres: 0.2204
Lot Size Square Feet: 9600.62
Water Source: Public
Financial Details
Tax Annual Amount: $1,210
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Closing Price
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HOA + Taxes
About Alton
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Listed by: Val Laborevitch
Listed Office: REALHome Services & Solutions, Inc - Listing courtesy of MARIS
Phone: 770-612-7326
Last Updated: 2026-10-15 15:12:32
Last Checked: 23 days
Data Source: MARIS, MLS# MIS26038620
Details provided by MARIS as Distributed by MLS Grid and may not match the public record.
Listed Office: REALHome Services & Solutions, Inc - Listing courtesy of MARIS
Phone: 770-612-7326
Last Updated: 2026-10-15 15:12:32
Last Checked: 23 days
Data Source: MARIS, MLS# MIS26038620
Based on information submitted to the MLS GRID as of Nov 07 2026. 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. IDX information provided is 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. Information is deemed reliable but is not guaranteed accurate by MLS Grid.
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