Real Estate Investment Properties for Sale in Alton, IL

Looking for investment property in Alton, IL with high ROI ?

Explore a variety of short-term homes & houses in Alton, IL. Invest wisely with VRBO & Alton, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Alton, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1011 State Street Alton, IL This charming two-story building features five well-appointed apartments, making it an exc...	6 beds \| 4 baths \| 3,826 sq.ft.	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.11% Airbnb Rental Income: $null Traditional Rental Income: $1469 Airbnb ROI: N/A Traditional ROI: 4.11%
2705 College Avenue Alton, IL INVESTMENT OPPURTUNITY....... very near Dental College. Corner property comprised of 2-bui...	3 beds \| 2 baths \| N/A	$980,000	Airbnb cash on cash: -1.67% Traditional cash on cash: -1.63% Airbnb Rental Income: $1471 Traditional Rental Income: $1069 Airbnb ROI: -1.67% Traditional ROI: -1.63%
5014 Alicia Drive Alton, IL Tucked away in a private setting, this tri-level home offers 3 bedrooms and stylish update...	3 beds \| 2 baths \| 1,312 sq.ft.	$169,000	Airbnb cash on cash: 3.68% Traditional cash on cash: 5.24% Airbnb Rental Income: $1471 Traditional Rental Income: $1288 Airbnb ROI: 3.68% Traditional ROI: 5.24%
427 E 4th Street Alton, IL This multi-family property is ready for new beginnings. Located in a historic district, it...	4 beds \| 2 baths \| 2,275 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $1589 Airbnb ROI: N/A Traditional ROI: 5.4%
202 Wisconsin Avenue Alton, IL 2 bedrooms, 1 bath, new windows, flooring, lighting, paint, kitchen with granite tops, all...	2 beds \| 1 baths \| 1,128 sq.ft.	$149,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 8.61% Airbnb Rental Income: $1113 Traditional Rental Income: $1691 Airbnb ROI: 1.97% Traditional ROI: 8.61%
809 Logan Street Alton, IL Charming and spacious 1+ bedroom, 1+ bath two-story home featuring a wonderful living room...	1 beds \| 2 baths \| 1,634 sq.ft.	$148,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 9.49% Airbnb Rental Income: $1299 Traditional Rental Income: $1862 Airbnb ROI: 2.66% Traditional ROI: 9.49%
436 E 3rd Street #A Alton, IL Experience the perfect blend of historic charm and modern comfort in this stylish 1 bedroo...	1 beds \| 2 baths \| 1,500 sq.ft.	$193,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 9.97% Airbnb Rental Income: $1299 Traditional Rental Income: $2298 Airbnb ROI: 2.31% Traditional ROI: 9.97%
612 Mechanic Street Alton, IL Investment Opportunity - 4-Unit Multi-Family Property. Each unit features 1 bedroom and 1 ...	4 beds \| 4 baths \| 1,594 sq.ft.	$139,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.64% Airbnb Rental Income: $null Traditional Rental Income: $1584 Airbnb ROI: N/A Traditional ROI: 8.64%
4715 Richland Woods Ct Alton, IL STUNNING GODFREY HOME ! THIS LUXURIOUS CUSTOM BUILT 4 BEDROOM, 5 BATH HOME WILL BE SURE TO...	4 beds \| 4 baths \| 4,346 sq.ft.	$950,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.63% Airbnb Rental Income: $null Traditional Rental Income: $4742 Airbnb ROI: N/A Traditional ROI: 2.63%
437 E 4th Street Alton, IL Motivated Seller.- Beautiful 3-bedroom, 2-bath historic home overlooking the river, situat...	3 beds \| 2 baths \| 1,841 sq.ft.	$240,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 4.64% Airbnb Rental Income: $1471 Traditional Rental Income: $1768 Airbnb ROI: 1.42% Traditional ROI: 4.64%
615 Central Avenue Alton, IL Fully renovated and income-producing! This spacious 2 bed, 1 bath home offers over 1,200 s...	2 beds \| 1 baths \| 1,284 sq.ft.	$95,000	Airbnb cash on cash: 4.48% Traditional cash on cash: 10.16% Airbnb Rental Income: $1113 Traditional Rental Income: $1265 Airbnb ROI: 4.48% Traditional ROI: 10.16%
1000 Marie Avenue Alton, IL This spacious home sits on a corner lot and features 3 bedrooms, walk-up attic, full walk-...	3 beds \| 1 baths \| 1,388 sq.ft.	$125,000	Airbnb cash on cash: 5.58% Traditional cash on cash: 10.38% Airbnb Rental Income: $1471 Traditional Rental Income: $1615 Airbnb ROI: 5.58% Traditional ROI: 10.38%
2241 Alby Street Alton, IL Back on the Market!!! No fault to seller. Come put in an offer today!! Welcome to this bea...	3 beds \| 2 baths \| 2,136 sq.ft.	$178,900	Airbnb cash on cash: 3.86% Traditional cash on cash: 11.09% Airbnb Rental Income: $1471 Traditional Rental Income: $2269 Airbnb ROI: 3.86% Traditional ROI: 11.09%
2416 Arthur Street Alton, IL Welcome to 2416 Arthur Street - a beautifully brought-back-to-life 3-bedroom, 2-bath ranch...	3 beds \| 2 baths \| 1,500 sq.ft.	$134,900	Airbnb cash on cash: 4.72% Traditional cash on cash: 11.99% Airbnb Rental Income: $1471 Traditional Rental Income: $1978 Airbnb ROI: 4.72% Traditional ROI: 11.99%
5419 Wenzel Road Alton, IL Beautiful setting and very well maintained multi-level home! This home sits on just over a...	4 beds \| 2 baths \| 2,014 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.37% Airbnb Rental Income: $null Traditional Rental Income: $2380 Airbnb ROI: N/A Traditional ROI: 6.37%
3201 Charlotte Court Alton, IL Welcome home to this beautifully updated charmer situated on a spacious corner lot in Alto...	2 beds \| 1 baths \| 832 sq.ft.	$125,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 4.51% Airbnb Rental Income: $1113 Traditional Rental Income: $966 Airbnb ROI: 2.62% Traditional ROI: 4.51%
1011 Danforth Street Alton, IL Extremely well kept home in a excellent location of one of Alton's most sought after neigh...	3 beds \| 2 baths \| 1,350 sq.ft.	$199,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 7.08% Airbnb Rental Income: $1471 Traditional Rental Income: $1886 Airbnb ROI: 2.61% Traditional ROI: 7.08%
1104 Danforth Street Alton, IL Charming 2 bedroom, 1 bath bungalow. Hardwood floors. Freshly painted. Must see the garden...	2 beds \| 1 baths \| 925 sq.ft.	$130,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 8.29% Airbnb Rental Income: $1113 Traditional Rental Income: $1541 Airbnb ROI: 1.87% Traditional ROI: 8.29%
2417 Sylvan Alton, IL This full brick home with attached one car garage and breezeway on over a quarter acre lot...	2 beds \| 1 baths \| 1,140 sq.ft.	$165,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 6.46% Airbnb Rental Income: $1113 Traditional Rental Income: $1594 Airbnb ROI: 1.03% Traditional ROI: 6.46%

Real Estate investment in Alton, IL

There are 33 properties for sale in the city of Alton . The median list price in Alton is $119,928 and the average price per square foot is $60. In August 2026, the average monthly cash on cash return in Alton is 10.00%. The average monthly rental income in Alton is $1,687.

Alton, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 33 investment properties available for sale in Alton.

In 2026, the best neighborhood to buy investment property is Alton.

The ROI for Short-Term is higher than the Long-Term in Alton with average rental income of $1,299.

Your search for investment property begins and ends here

Investment Property for Sale in Alton, IL

1011 State Street

Alton, IL

6 beds | 4 baths | 3,826 sq.ft.

$225,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.11%

Airbnb Rental Income: $null

Traditional Rental Income: $1469

Airbnb ROI: N/A

Traditional ROI: 4.11%

2705 College Avenue

Alton, IL

3 beds | 2 baths | N/A

$980,000

Airbnb cash on cash: -1.67%

Traditional cash on cash: -1.63%

Airbnb Rental Income: $1471

Traditional Rental Income: $1069

Airbnb ROI: -1.67%

Traditional ROI: -1.63%

5014 Alicia Drive

Alton, IL

3 beds | 2 baths | 1,312 sq.ft.

$169,000

Airbnb cash on cash: 3.68%

Traditional cash on cash: 5.24%

Airbnb Rental Income: $1471

Traditional Rental Income: $1288

Airbnb ROI: 3.68%

Traditional ROI: 5.24%

427 E 4th Street

Alton, IL

4 beds | 2 baths | 2,275 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.4%

Airbnb Rental Income: $null

Traditional Rental Income: $1589

Airbnb ROI: N/A

Traditional ROI: 5.4%

202 Wisconsin Avenue

Alton, IL

2 beds | 1 baths | 1,128 sq.ft.

$149,900

Airbnb cash on cash: 1.97%

Traditional cash on cash: 8.61%

Airbnb Rental Income: $1113

Traditional Rental Income: $1691

Airbnb ROI: 1.97%

Traditional ROI: 8.61%

809 Logan Street

Alton, IL

1 beds | 2 baths | 1,634 sq.ft.

$148,000

Airbnb cash on cash: 2.66%

Traditional cash on cash: 9.49%

Airbnb Rental Income: $1299

Traditional Rental Income: $1862

Airbnb ROI: 2.66%

Traditional ROI: 9.49%

436 E 3rd Street #A

Alton, IL

1 beds | 2 baths | 1,500 sq.ft.

$193,000

Airbnb cash on cash: 2.31%

Traditional cash on cash: 9.97%

Airbnb Rental Income: $1299

Traditional Rental Income: $2298

Airbnb ROI: 2.31%

Traditional ROI: 9.97%

612 Mechanic Street

Alton, IL

4 beds | 4 baths | 1,594 sq.ft.

$139,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.64%

Airbnb Rental Income: $null

Traditional Rental Income: $1584

Airbnb ROI: N/A