This spacious historic home offers a rare opportunity to complete a renovation that is already well underway. Much of the demolition has been completed, exposing the home's original framing and allowing the next owner to focus on rebuilding rather than tear-out. Electrical updates have already begun, providing a valuable head… Read More start while leaving the finish selections and final design to the next owner. Originally constructed in 1935, the home reflects the clean lines and practical craftsmanship of the Minimal Traditional movement, blending the timeless character of Cape Cod and Colonial Revival architecture with a simpler, more refined approach to residential design. Its steep rooflines, original staircase, substantial wood doors, oversized windows, and thoughtfully proportioned living spaces remain as reminders of that enduring, beautiful architectural character of its era. Unlike many historic homes that have lost their defining character over time, this home still retains many of the architectural elements that make restoration both rewarding and worthwhile. Many of the home's original architectural details remain intact and are ready to become part of its next chapter. The awe-inspiring original divided-light wood front door has welcomed generations of visitors and remains one of the home's defining architectural features, offering a glimpse of the craftsmanship that continues throughout the interior. Original five-panel wood doors, exposed brick, tall ceilings, oversized windows, and a substantial staircase further reflect the quality of craftsmanship that defines historic homes. The original trim has been carefully removed, labeled, and preserved, ready to be reinstalled as the home's restoration continues. The enclosed second-floor sleeping porch—an increasingly rare hallmark of many homes from this era—offers a unique space that could once again become a light-filled office, reading room, studio, or private retreat. Large original windows fill the home with natural light, further highlighting the proportions and craftsmanship that make historic homes so enduringly appealing. The generous room sizes and flexible floor plan provide numerous possibilities depending on your goals. Whether restoring the home for resale, adding it to a long-term rental portfolio, or creating a personal residence, much of the discovery work has already been completed, allowing renovation plans to move forward more efficiently. The home's original layout and architectural integrity remain remarkably intact, providing an excellent foundation for restoration. Its location adds to the investment appeal. Situated just minutes from the Southern Illinois University School of Dental Medicine, Alton Memorial Hospital, OSF Saint Anthony's Health Center, and the surrounding medical corridor, the property is well positioned for long-term rental demand from students, faculty, healthcare professionals, and traveling nurses. Owner-occupants may also wish to explore renovation financing options, including FHA 203(k) and Fannie Mae HomeStyle® loans, which can allow qualified buyers to finance both the purchase and renovation through a single mortgage. Whether your plans involve restoring its historic character, creating a quality rental property, or completing a renovation for resale, this property offers the space, character, architectural integrity, and solid foundation to bring that vision to life. Selected as part of the Penthouse Restoration Collection for its exceptional opportunity, untapped potential, and distinctive character, this home invites investors, renovators, and future homeowners to create lasting value through thoughtful restoration, strategic renovation, and inspired design. Read Less
Listing courtesy of Worth Clark Realty.
Listing Snapshot
Days Online
8
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,395
Lot Size
0.09 Acres
Year Built
1935
MLS Number
26046831
30 Days Snapshot Of 62002
$146k
-13%
(avg) sold price
30
+7%
homes sold
43
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: City Street, Road Surface Type: Paved
Appliances & Equipment
None
Basement
Basement: Walk-Up Access, Basement
Building
Above Grade Finished Area: 1395 Sq.Ft., Above Grade Finished Area Source: Public Records, Architectural Style: Cottage, Historic, Other, Traditional, Below Grade Finished Area: 0 Sq.Ft., Below Grade Finished Area Source: Public Records, Construction Materials: Aluminum Siding, Levels: One and One Half, Living Area: 1395 Sq. Ft., Other Structures: Equipment Shed, Shed(s), 10 total rooms, Year Built: 1935
Features: Historic Millwork, Natural Woodwork, Master Downstairs, Separate Dining, Special Millwork
Laundry
Features: In Basement
Lot
Features: Back Yard, Front Yard, Some Trees, Lot Size Acres: 0.0947, Lot Size Dimensions: 82.5X51.5, Lot Size Source: Public Records, Lot Size Square Feet: 4125.13 Sq.Ft.
Parking
Features: Driveway
Property
Property Condition: Fixer, Property Sub Type: Single Family Residence
Sewer
Public Sewer
Taxes
Annual Tax Amount: 1453, Tax Legal Description: LOWES W C HRS SUBD LOT PT 4 50X82.5, Tax Year: 2024
Utilities
Electricity Available: Ameren, Utilities: Sewer Connected, Water Connected, Water Source: Public
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