411 Sheridan ST, Bethalto, IL 62010
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411 Sheridan ST, Bethalto, IL 62010
411 Sheridan ST, Bethalto, IL 62010
411 Sheridan ST, Bethalto, IL 62010
411 Sheridan ST, Bethalto, IL 62010
Dustin Walker
Dustin Walker

Broker Associate | License ID: 2019032259

+1(573) 330-7559

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$ 200,000

$ 225,000 11.1%

Est. payment /mo
Sold on 06/10/2026

411 Sheridan ST Bethalto, IL 62010

2,520 SqFt

UPDATED:

Key Details

Sold Price $200,000

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $79

Subdivision First Add

MLS Listing ID 26015888

Sold Date 06/10/26

Style Other

Year Built 1945

Annual Tax Amount $3,533

Lot Size 9,718 Sqft

Acres 0.2231

Property Sub-Type 2-4 Units

Property Description

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.

Location

State IL

County Madison

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Window Unit(s)

Fireplace N

Exterior

View Y/N No

Building

Water Public

Structure Type Wood Siding

Schools

Elementary Schools Bethalto Dist 8

Middle Schools Bethalto Dist 8

High Schools Bethalto

School District Bethalto Dist 8

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Ginny Becker • Landmark Realty
Bought with Jennifer Farris
Dustin Walker

Dustin Walker

Broker Associate | License ID: 2019032259

+1(573) 330-7559

GET MORE INFORMATION

Name
Phone*
Message

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411 Sheridan ST