617 State St, Alton, IL, 62002
About This Home
Live in one unit and rent out the others in this fully furnished historic 4-unit property. Rental income from the additional units offers strong potential to significantly offset, or potentially cover, your mortgage. Welcome to the historic Häagen Haus, a rare opportunity to own a four-unit property in the heart of downtown Alton. Each of the four units offers its own distinct character, featuring vaulted ceilings, fireplaces, and thoughtfully designed interiors that blend historic charm with modern comfort. Two of the units include private patios, adding valuable outdoor living space. All units are fully furnished! They are also equipped with smart TVs and convenient keypad entry, providing ease, security, and a seamless guest experience. This property has a strong history of successful short-term and many long-term rentals, with consistent demand and reliable occupancy. A property manager is already in place and willing to continue managing rentals for the new owner, making this a truly turnkey opportunity. Whether operated as a full rental portfolio, a long-term investment, or an owner-occupied property with additional income, Häagen Haus offers exceptional flexibility and strong income potential.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1861
Materials
- Roof: Shake / Shingle
Type & Style
- Home type: SingleFamily
Interior
Appliances
- Appliances included: Dryer,Freezer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer
Basement
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Tile,Hardwood
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced air,Other,Gas
- Cooling features: Central
Interior Area
- Total interior livable area: 4,200 sqft
Property
Details
- Parcel number: 232071118303025
Features
- Exterior features: Brick
- Has view: Yes
- View description: Water,City
- Has water view: Yes
- Water view: Water
Lot
- Lot size: 9,042 sqft
Parking
- Parking features: On-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
- Cold Wave
- Hail
- Heat Wave
- Inland Flooding
- Tornado
- 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 | $2,502 | $30,024 |
| Home Insurance * | $651 | $7,812 |
| Property Taxes | $738 | $8,856 |
| Electricity | $323 | $3,876 |
| Total | $4,214 | $50,568 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-16 | Listed for sale | $519,900 |
| 2024-01-03 | Listing removed | -- |
| 2023-02-07 | Listed for sale | $545,000 |
| 2020-01-06 | Sold | $275,000 |
View on Zillow