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    1 Professional Dr Alton, IL 62002

    For Sale
    $4,000,000

    Unimproved Land - Alton, IL

    Type:Unimproved Land
    Property size:
    64,800 SF
    Lot size:
    4.33 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 1 Professional Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    Security features
    Security System, Smoke Detector(s)
    APN
    23-2-08-08-05-101-054
    Parking features
    Paved or Surfaced
    Size
    64,800 SF
    Lot size
    4.33 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1994
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Coldwell Banker Brown Realtors (618) 692-7290 [email protected]

    Listing agent Tricia Sisk (618) 465-2966 License #475126803

    Listing date Oct 7, 2025

    MLS# 24060478 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Building For Sale

    This 64,800 square foot medical office building offers an excellent investment opportunity in a central location. The building features approximately 54,000 square feet of rentable space, with over half of the building currently leased under 2 to 5-year NNN leases. The property consists of two floors and a lower level. The main floor includes a common area with a lobby, bathrooms, a conference room, and two elevators servicing all three levels. Prime space is available for lease on the first floor. The lower and second levels are leased to a large St. Louis-based medical healthcare system and two other prominent medical tenants. The building's exterior is constructed of brick and glass and sits on a 4.3-acre lot with a large asphalt parking area providing approximately 270 parking spaces, including 10 handicap spaces. The property comprises two parcels and is zoned C2 General Commercial District, allowing for uses such as restaurants, retail stores, professional and personal services, and medical offices. The location provides easy access to major highways, including Route 3, Route 140, and College Avenue, and is close to Interstates 255 and 270. Average daily vehicle counts are approximately 14,200 VPD. The property is located in a business park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shields Family Pharmacy Pharmacy Dr. Daniel P. ... Ophthalmologist Dr. Matthew A. Thomas, ... Doctor B & D Pharmacy Pharmacy Kelly J Lindsey, ... Pediatrician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.131648
    Latitude
    38.905811

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    FAQs

    What type of property is this?
    Medical office - 64,800 SF medical office building on 4.3 acres.
    Where is this medical office located?
    The property is located at 1 Professional Dr Alton, IL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - Over half of the 64,800 SF building (approx. 54,000 RSF) is currently rented with 2-5 year NNN leases, providing immediate income.; - Located in a central location with easy access to major highways (Rte 3, Rte 140, College Ave) and Interstates 255 & 270.; - Zoned C2 General Commercial District, allowing for diverse uses including restaurant, retail, professional services, and medical offices.
    (618) 465-2966
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    1 Professional Dr Alton, IL 62002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Professional Dr Alton, IL 62002
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