Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 62002 · Alton, IL

25 completed flips in the last 12 months, $45K median gross margin, 263-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
25
Median Gross Margin
$45K
Median Hold
263 days
Median Home Value
$214K

Market snapshot

Population
30,166
Median Household Income
$55,041
Median Home Value
$213,932
Median Rent
$1,100

This report covers ZIP 62002, Alton, IL. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flipper activity in ZIP 62002

In the last 12 months, 25 properties in ZIP 62002 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $45K in gross margin before rehab, carrying, and closing costs, with a median hold time of 263 days.

Top flippers in the zip

RankFlipper / LLCFlips
1REAL VENTURE LLC2
2ARENDCO LLC2
3L & A KINGDOM INVESTMENT LLC1
4LEOS LLC1
5WICKENHAUSER BRUCE J1

Recent example

2425 LA SALLE DR, ALTON, IL, 62002 · LEOS LLC
Bought $64,000, sold $149,000 (+$85K), held 279 days.

Recent investor purchases in ZIP 62002

56 investor purchases in ZIP 62002 in the last 6 months, at a median price of $85K. 59% were all-cash. These are the investors competing for deals in this zip right now.

DatePropertyInvestorPricePaid with
Oct 14, 2026504 MARSH AVEARENDCO LLC$100KFinanced
Oct 13, 20262713 COLLEGE AVEAKI RENTS LLC$210KFinanced
Oct 13, 20261312 MILTON RDSMITH DELANCEY E$65KCash
Oct 9, 2026609 STOWELL AVEVA$76KCash
Oct 8, 20263001 EDWARDS STDIAZ BROTHERS HOLDINGS LLC SERIES 1$95KFinanced
Oct 8, 20261208 ARMSTRONG STSTPAGE PROPERTIES LLC$70KCash
Oct 8, 20262518 N RODGERS AVEKUMO LLC$46KCash
Oct 1, 2026414 MAIN STSOURCE REAL ESTATE GROUP LLC$35KFinanced
Oct 1, 2026723 ALBY STKUMO LLC$60KFinanced
Sep 30, 2026605 NORTHDALE DRAGS HOME SOLUTIONS LLC$100KFinanced

See all 56 investor purchases in 62002

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Nearby markets in IL

Same-state markets near ZIP 62002. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
3 days
Typical close
No
Interior appraisal or inspection
17
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.