Coming Soon MLS# 26046831

1411 Seminary Street, Alton, IL 62002

Subdivision: Lowes W C Hrs Sub

List Price: $40,000

3

Bedrooms

2

Baths

1,395

Area (sq.ft)

$N/A

Cost/sq.ft

1.5 Story

Type

Description

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 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, a style that emerged during the Great Depression and drew inspiration from Cape Cod and Colonial Revival homes while embracing simpler, more economical 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. 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.

Property Information

List Price $ 40,000
Original Price $ 40,000
Status Coming Soon
MLS# 26046831
Bedrooms 3
Full baths 2
Half baths 0
Main Floor Full Baths 2
Sq. Ft. Above 1,395
Lot Size 0
Acres 0
Subdivision Lowes W C Hrs Sub
Municipality Alton
School District Alton DIST 11
County Madison-IL
Property Type Residential
Style 1.5 Story
Style Description
Transaction Type
Special Conditions Standard
Type
Building Exterior Amenities
Building Style Cottage,Historic,Other,Traditional
Ownership
Special Description Standard
Appliances Some None
Miscellaneous
Disclosures Code Compliance Required,Occupancy Permit Required
Age 0
Sewer Main Size Public Sewer
Water Main Size Public
Conditions Code Compliance Required,Occupancy Permit Required

Additional Information

Elementary School ALTON DIST 11
Jr. High School ALTON DIST 11
Sr. High School Alton
Association Fee None
Architecture Cottage,Historic,Other,Traditional
Construction Aluminum Siding
Garage Spaces 0
Carport Spaces 0
Basement Description Walk-Up Access
Fireplace Type
Fireplace Location
Lot Dimensions 82.5X51.5
Special Areas
Cooling Central Air
Sewer Public Sewer Sewer
Heating Forced Air,Natural Gas
Water Public
Heat Source
Kitchen
Appliances None
Dining
Interior Decor Historic Millwork,Natural Woodwork,Master Downstairs,Separate Dining,Special Millwork
Property Tax $1,453

Map Location

Room Dimensions

Room Dimensions (sq.rt)
Living Room (Level-Main) N/A
Kitchen (Level-Main) N/A
Dining Room (Level-Main) N/A
Primary Bedroom (Level-Main) N/A
Bedroom 2 (Level-Upper) N/A
Bedroom 3 (Level-Upper) N/A
Sitting Room (Level-Upper) N/A
Bathroom (Level-Upper) N/A
Sunroom (Level-Upper) N/A
Bathroom (Level-Main) N/A
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Listing Courtesy of Worth Clark Realty - [email protected]