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411 Sheridan Street, 
Bethalto, IL 62010

$239,999


Bed


Bath


2,520

Sq Ft


Multi-Family

Active

Listed by

Ginny L Becker

Landmark Realty

Last updated:

March 21, 2026, 02:54 PM

MLS#

26015888

Source:

MO MARIS

About This Home

411 Sheridan Street

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.

Home Facts

Multi-Family

Built in 1945

Price Summary

239,999

$95 per Sq. Ft.

MLS #:

26015888

Last Updated:

March 21, 2026, 02:54 PM


Rooms & Interior

Interior

Living Area:

2,520 Sq. Ft.


Structure

Structure

Building Area:

2,520 Sq. Ft.

Year Built:

1945


Lot

Lot Size (Sq. Ft):

9,718


Finances & Disclosures

Finances

Price:

$239,999

Price per Sq. Ft:

$95 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.