Income-producing 4-unit property with all units currently occupied. Three units offer 2 bedrooms and 1 bathroom, and one unit offers 1 bedroom and 1 bathroom. All units are on one level. Property includes 2 sheds and 8 parking spaces. Sheds are 17x17 and 12x12. Great opportunity to add an occupied income-producing property to your portfolio.
Multi-familyProperty Type
1968Year Built
10,001 sq ftLot Size
$55Price/Sq.Ft.
Listed by Bobby Hosfelt• Tarrant and Harman Real Estate and Auction Co
Listed by Abigail Delehanty• Tarrant and Harman Real Estate and Auction Co
Cottage Hills, located between Bethalto and East Alton, is a residential and semi-rural Alton neighborhood with wooded lots and a low-slung, small-town streetscape. The neighborhood’s character concentrates around the Cottage Hills Road corridor near the Cottage Hills VFW, where local taverns, service shops, and weekend fish-fry chatter set the tone. Housing leans toward mid-century ranches, modest cottages, and newer builds on larger parcels, with long driveways and mature trees shaping the view. The pace feels porch-forward, with backyards, garages, and open sky doing much of the social work. For a classic community night out, the Cottage Hills VFW Post 1308 and nearby local diners act as familiar anchors. Daily life orbits short drives to Alton’s riverfront and the retail strips in neighboring towns.
Provided by Walk Score and Local Logic
Offer insights
91 N Stanley Rd · $165,000
$166K and above
75% chance or better to win
Why $166K+ is a strong offer
DAYS ON MARKET
3 days
The average home goes pending in 5 days.
SALE-TO-LIST
94.5%
Most homes are selling 5% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
No basement
Bedrooms
Four rental units: three 2-bedroom units and one 1-bedroom unit
Bathrooms
Each unit includes one bathroom
Kitchen
No specific kitchen appliance details provided
Laundry & utility
No laundry or utility appliance details provided
Flooring
No flooring details provided
Heating & cooling
Forced air heating
Central air conditioning
Wall/window air conditioning units
Exterior features
Lot approximately 0.23 acre
No pool
Home design
Residential income property (2–4 units)
Parking
No parking details provided
Security
No security details provided
Construction
Vinyl siding construction
Utilities
Public water
Electric service: Single phase (Ameren)
HOA & community
No HOA information provided
Financial info
No second mortgage reported
Other
Seller may consider concessions
Electricity and solar
View estimated energy costs and solar savings for this home
Great opportunity to own a cash flowing property. This 4-plex has a 15% cap rate with the potential to rise. With great rental rates and low expenses you simply can't go wrong. Two of the units are 2 bedroom / 1 bath and Two of the units are 1 bedroom / 1 bath. There is 400 amp service available to the front two units. Long term tenants which are now paying month to month. Selling as is. Close to the interstate. Whether you want to add to your portfolio or just get started this one is a great low risk opportunity! Contact your favorite Realtor® today and schedule a tour.
Public Records
Oct 30, 2023
Sold
$113,000
$38/sq ft
MARIS as Distributed by MLS Grid #23054738
Oct 26, 2023
Pending
—
Oct 26, 2023
Sold
*
Sep 28, 2023
Contingent
—
Sep 20, 2023
Listed
$120,000
$40/sq ft
Sep 11, 2023
Coming Soon
$120,000
$40/sq ft
If you're looking to be a landlord - look no further! Live in one and rent the rest - or rent them all! This 4-plex currently has great income and low expenses. 2 of the apartments are 2 bedroom and 2 are 1 bedroom. The 2 back units don't have central air - window units. Front 2 units have 400 amp service. Private entrances for each and 1 main door for central hall entrance. Storage building and all have eat-in kitchens. Covered carport in rear of building. Conveniently located - close to I-255. Large, off street parking lot in front of building. Tenants have been long term but are currently month-to-month. No Section 8. Great opportunity!
Public Records
Nov 27, 2006
Sold
$5,000
$2/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,713 (+6.8%)
$3,820 + $23,320
$27,140
2024
$1,603 (+3.3%)
$3,820 + $23,320
$27,140
2023
$1,551 (+5.3%)
$3,530 + $21,520
$25,050
2022
$1,473 (+1.8%)
$3,040 + $18,510
$21,550
2021
$1,446 (+6.9%)
$3,040 + $18,510
$21,550
2019
$1,353 (+53.8%)
$2,830 + $17,250
$20,080
2018
$880 (+4.6%)
$2,610 + $15,280
$17,890
2017
$841 (+1.5%)
$2,480 + $14,520
$17,000
2016
$828 (+22.5%)
$2,480 + $14,520
$17,000
2015
$676 (+32.5%)
$14,290
2013
$510
$14,340
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
10,000 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,989
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,989
Year built
1968
Style
Multi-Family (2-4 Unit)
County
Madison County
APN
192080304406002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 106° expected this year, 20 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Cottage Hills, IL • 62018
Average low and high temperatures (°F)
36
19
45
27
64
40
70
49
74
55
84
67
89
72
85
65
82
59
73
49
56
39
45
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 91 N Stanley Rd
$164,656
$344 under list price of $165K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $120K to $439K.