427 E 4th St, Alton, IL, 62002
About This Home
This multi-family property is ready for new beginnings. Located in a historic district, it offers charming surroundings and sweeping views of the Mississippi River. The building has been gutted and is primed for redevelopment, giving investors or owner-occupants a blank slate to create something truly special. With its unbeatable location and strong structural potential, this property is ideal for anyone looking to restore and revitalize in one of the area's most storied neighborhoods.
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: Other
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Finished area above ground: 2,275
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 2,275
- Total interior livable area: 2,275 sqft
Property
Details
- Parcel number: 232071408201016
- Special condition: Standard
Lot
- Lot size: 9,583 sqft
Parking
- Parking features: No Driveway
- 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 | $1,011 | $12,132 |
| Home Insurance * | $263 | $3,156 |
| Property Taxes | $298 | $3,576 |
| Electricity | $174 | $2,099 |
| Total | $1,746 | $20,952 |
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 |
|---|---|---|
| 2026-03-30 | Listed for sale | $200,000 |
| 2025-12-05 | Listing removed | $200,000 |
| 2025-06-04 | Listed for sale | $200,000 |
| 2021-09-22 | Sold | $65,000 |
| 2021-09-22 | Pending sale | $65,000 |
| 2016-09-08 | Listing removed | $79,900 |
| 2016-03-15 | Listed for sale | $79,900 |
| 2006-11-30 | Sold | $99,000 |
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