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3723 Franor St, Alton, IL, 62002

2beds
1baths
774sqft
$59,000
$76price/sqft
$593/moest. monthly cost
$23,720/yrincome needed

About This Home

Don’t miss this opportunity to own a home in the desirable Milton area. Whether you’re looking to expand your investment portfolio, downsize or purchase an affordable starter home, this property offers tremendous potential. Situated on a large lot, the spacious yard provides plenty of room for outdoor entertaining, recreation, or future improvements. Inside, the home presents an excellent opportunity for updates, renovations, and customization to make it your own. With great possibilities and room to add value, this is a property you won’t want to overlook. Schedule your private showing today! Property being sold as-is, seller to make no repairs.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

5/10
East Elementary SchoolGrades 3-51.3 mi
4/10
Alton Middle SchoolGrades 6-81.7 mi
3/10
Alton High SchoolGrades 9-123.3 mi

Construction

Condition

  • Year built: 1945

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom

  • Features: Floor Covering: Luxury Vinyl Plank
  • Level: Main
  • Area: 130
  • Dimensions: 13x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area above ground: 774

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 774
  • Total interior livable area: 774 sqft

Kitchen

  • Features: Floor Covering: Luxury Vinyl Plank
  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Living Room

  • Features: Floor Covering: Luxury Vinyl Plank
  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Primary Bathroom

  • Features: Floor Covering: Luxury Vinyl Plank
  • Level: Main
  • Area: 40
  • Dimensions: 8x5

Primary Bedroom

  • Features: Floor Covering: Luxury Vinyl Plank
  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Property

Details

  • Parcel number: 232080818304018
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Covered,Front Porch,Rear Porch

Lot

  • Lot size: 0.48 Acres
  • Features: Back Yard,Few Trees

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

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Earthquake
Hail
Inland Flooding
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 $298$3,576
Home Insurance *$77$924
Property Taxes $88$1,056
Electricity $130$1,569
Total$593$7,116
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$20,331/yr
40% on housing$17,790/yr
45% on housing$15,813/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

$76This 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
2026-08-14Listed for sale$59,000
2026-08-08Pending sale$59,000
2026-06-26Price change$59,000
2026-06-03Listed for sale$60,000
2026-01-02Listing removed$69,000
2025-10-28Price change$69,000
2025-07-01Listed for sale$75,000
1997-12-10Sold$25,000

For Sale by Agent

AgentShelley Elledge
BrokerageTarrant and Harman Real Estate and Auction Co

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