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504 Marsh Ave, Alton, IL, 62002

--beds
1baths
--sqft
$119,000
--price/sqft
$1,064/moest. monthly cost
$42,560/yrincome needed

About This Home

GOOD ALTON INVESTMENT PROPERTY. THIS 2 UNIT 2 BEDROOM DUPLEX BUILT IN 2001. ROOF HAS NEW SHINGLES, NEW WATER HEATER, AND NEWER HVAC. LONG TIME TENANTS. PROPERTY HAS GOOD CASH FLOW AND IS TURN KEY. DUPLEX IS IN VERY GOOD CONDITION. PROPERTY INCLUDES 504 & 506 MARSH.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

3/10
West Elementary SchoolGrades 2-52.8 mi
4/10
Alton Middle SchoolGrades 6-81.1 mi
3/10
Alton High SchoolGrades 9-123.1 mi

Construction

Condition

  • Year built: 2001

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater

Bedrooms & Bathrooms

  • Bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Property

Details

  • Parcel number: 232081807201029
  • Special condition: Standard

Parking

  • Parking features: Off Street

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

  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Tornado
Cold Wave
Earthquake
Hail
Lightning
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood

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

MonthlyAnnual
Mortgage $601$7,212
Home Insurance *$156$1,872
Property Taxes $177$2,124
Electricity $130$1,569
Total$1,064$12,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,480/yr
40% on housing$31,920/yr
45% on housing$28,373/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

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.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 62002$121
Madison County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 62002$99
Madison County$119

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

DateEventPrice
2026-07-27Price change$119,000
2026-07-14Price change$124,000
2026-06-16Listed for sale$129,000
2025-02-03Listing removed$114,000
2025-01-16Contingent$114,000
2024-11-25Price change$114,000
2024-11-07Listed for sale$119,000
2024-10-28Contingent$130,000
2024-10-17Price change$130,000
2024-09-23Price change$135,000
2024-06-29Listed for sale$145,000
2003-10-31Sold$43,000

For Sale by Agent

AgentMatt G Horn
BrokerageLandmark Realty

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