518 Ridge St, Alton, IL, 62002
About This Home
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. Property being sold as-is, where-is. Information is assumed accurate; Buyer or Buyer's Agent to verify all information.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Low/1-2
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating & Cooling
- Heating features: Forced Air,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 232071305101003
- Special condition: Standard
Lot
- Lot size: 6,303 sqft
- Lot size dimensions: 76.4 x 82.5
Parking
- Parking features: Open,Parking Lot,Unassigned
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Hail
- Heat Wave
- Inland Flooding
- Tornado
- Cold Wave
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $986 | $11,832 |
| Home Insurance * | $256 | $3,072 |
| Property Taxes | $290 | $3,480 |
| Electricity | $130 | $1,569 |
| Total | $1,662 | $19,944 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Price change | $195,000 |
| 2026-04-03 | Price change | $200,000 |
| 2026-03-09 | Listed for sale | $230,000 |
| 2026-01-13 | Contingent | $230,000 |
| 2025-11-17 | Listed for sale | $230,000 |
| 2025-10-23 | Contingent | $240,000 |
| 2025-09-19 | Listed for sale | $240,000 |
| 2025-07-28 | Contingent | $240,000 |
| 2025-06-18 | Listed for sale | $240,000 |
| 2023-05-12 | Sold | $165,000 |
For Sale by Agent
View on Zillow