411 Sheridan Street, Bethalto, IL 62010
Local realty services provided by:CENTURY 21 CopperKey Realty
411 Sheridan Street,Bethalto, IL 62010
$225,000
- - Beds
- - Baths
- 2,520 sq. ft.
- Multi-family
- Active
Listed by: ginny l becker
Office: landmark realty
MLS#:26015888
Source:MO_MARIS
Price summary
- Price:$225,000
- Price per sq. ft.:$89.29
About this home
Turnkey income-producing opportunity in Bethalto, IL with immediate cash flow and value-add upside. This well-maintained 3-unit property is ideal for investors seeking a mix of stability and growth. The main house features durable updates including newer siding and windows, and is thoughtfully divided into two units: a spacious 2-bedroom, 1-bath main level unit, and a 1-bedroom, 1-bath upper unit with a bonus room—perfect for increasing rental appeal and flexibility. A full basement provides additional storage and utility space, enhancing tenant convenience The standout feature is the detached carriage house—a fully remodeled, two-level unit offering 1 bedroom and 2 bathrooms. This unique layout commands strong rental interest and premium potential compared to typical 1-bedroom units. All units include private laundry—a highly desirable amenity that supports tenant retention and higher rents. Appliances are included as noted, minimizing upfront costs for a new owner. With two units already occupied, you’ll benefit from immediate income while retaining the opportunity to optimize rents or owner-occupy one unit. The expense structure is straightforward: owner covers water, sewer, and trash, while tenants pay gas and electric, helping maintain predictable operating costs. Whether you’re expanding your portfolio or entering the multifamily market, this property offers a compelling combination of current returns, tenant-friendly features, and long-term upside....
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Home facts
- Year built:1945
- Listing ID #:26015888
- Added:15 day(s) ago
- Updated:April 03, 2026 at 03:04 PM
Rooms and interior
- Basement:Yes
- Basement Description:Full
- Living area:2,520 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Unit(s)
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1945
- Building area:2,520 sq. ft.
- Lot area:0.22 Acres
Schools
- High school:Bethalto
- Middle school:BETHALTO DIST 8
- Elementary school:BETHALTO DIST 8
Utilities
- Water:Public
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$89.29
- Tax amount:$3,533 (2024)
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