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$225,000

For Sale

A month ago

411 Sheridan St, Bethalto, IL

House

MLS® 26015888

0 Bed

0 Bath

2520 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2520 sqft
Garage 
Taxes $3,533
Days Active 29
Lot Size 
Approx. Age 1945
Avg. Price Per Sqft $89
MLS® Number 26015888

Property Address: 411 Sheridan St, Bethalto, IL, 62010-1807

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26015888
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1945
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$225,000List Price
  • Commute

Commute

Starting Address
Destination Address
411 Sheridan St, Bethalto, IL

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