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Listed price in listed location currency (USD).
$225,000

000

MLS® 26015888

Overview

Key Facts

Type Other
Levels Residential Income
Size 2520 sqft
Garage No
Maintenance Fees 
Taxes $3,533
Days Active 11
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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1945
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

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

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