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3407 Leo St, Alton, IL, 62002

2beds
2baths
752sqft
$70,000
$93price/sqft
$679/moest. monthly cost
$27,160/yrincome needed

About This Home

Investor Special or Handyman Opportunity! Bring your vision to this spacious 2-bedroom, 2-bath home with a partially finished basement and endless potential. This solid home has great bones and is ready for someone to add their personal touch with a little TLC. Major updates have already been completed, including a metal roof that's only 5 years old, gutters with gutter guards installed 5 years ago, and a furnace, hot water heater, and paved driveway that are approximately 10 years old. Whether you're an investor looking for your next project or a buyer wanting to build instant equity, this property offers an excellent opportunity. With its strong structural foundation and big ticket improvements already in place, all that's needed is your creativity to make this home shine again. Buyer is responsible for verifing all information.

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

3/10
West Elementary SchoolGrades 2-53.4 mi
4/10
Alton Middle SchoolGrades 6-81.5 mi
3/10
Alton High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1945

Materials

  • Foundation: Permanent
  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Portable Dishwasher,Dryer,Oven,Gas Range,Free-Standing Refrigerator,Washer,Water Heater
  • Laundry features: In Basement,Gas Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Bath/Stubbed,Block,Partially Finished,Storage Space,Sump Pump

Bedroom

  • Features: Floor Covering: Carpeting
  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Bedroom2

  • Features: Floor Covering: Carpeting
  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

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

Dining Room

  • Features: Floor Covering: Laminate
  • Level: Main
  • Area: 88
  • Dimensions: 11x8

Features

  • Ceiling Fan(s),Eat-in Kitchen,Kitchen/Dining Room Combo,Shower,Tub
  • Door features: Panel Door(s),Storm Door(s)
  • Window features: ENERGY STAR Qualified Windows,Screens,Window Coverings
  • Flooring: Carpet,Laminate
  • Number of fireplaces: 1
  • Fireplace features: Basement,Decorative,Recreation Room
  • Fireplace: Yes
  • Finished area below ground: 752
  • Finished area above ground: 752

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 752
  • Total interior livable area: 752 sqft

Kitchen

  • Features: Floor Covering: Laminate
  • Level: Main
  • Area: 80
  • Dimensions: 10x8

Living Room

  • Features: Floor Covering: Carpeting
  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Property

Details

  • Parcel number: 232081705104004
  • Special condition: Listing As Is

Features

  • Levels: One
  • Patio & porch: Deck,Front Porch,Rear Porch
  • Exterior features: Entry Steps/Stairs,Private Entrance,Private Yard,Rain Gutters
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Neighborhood
  • Frontage length: 50

Lot

  • Lot size: 5,000 sqft
  • Features: Adjoins Common Ground,Back Yard,Front Yard,Level,Near Public Transit,Paved,Private
  • Lot size dimensions: 50 x 100

Parking

  • Total spaces: 1
  • Parking features: Detached,Driveway,Garage,Garage Faces Side,On Street,Paved,Private
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

  • 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 $353$4,236
Home Insurance *$92$1,104
Property Taxes $104$1,248
Electricity $130$1,569
Total$679$8,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,280/yr
40% on housing$20,370/yr
45% on housing$18,106/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

$93This 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)

Price History

DateEventPrice
2026-08-07Price change$67,500
2026-06-27Listed for sale$70,000
2021-04-26Sold$60,000
2021-04-22Pending sale$60,000
2021-03-12Contingent$60,000
2021-03-03Listed for sale$60,000

For Sale by Agent

AgentValeria Martin
BrokerageNettwork Global

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