Mixed-Use Building with Four
For Sale
$699,000
119 W 3rd Street, Alton, IL 62002
COMMERCIAL - Alton, IL
Property SizeContact for details
Lot Size0.06 Acres
Days on Market75
Property Features for 119 W 3rd Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking features
On Street, Alley
Subdivision
Godfrey & Gilmans Add
Directions
Broadway to State St. to 3rd St.(right), Property on the Right in the middle of the street.
Standard status
Active
APN
23-2-07-14-06-103-012
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
16513
Utilities
Utilities
Cable Available
Heating system
Forced Air, Natural Gas
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1891
Floors in Building
3
Flooring type
Vinyl, Wood, Tile, Carpet
Building materials
Brick, Wood Siding
Listing Agency:
Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
(618) 465-2966
Listed By:
Rick Lauschke · License #471000992
(618) 692-7290
Added: Jun 15
Changed: Aug 4
Last Checked: Aug 28 at 9:06PM
MLS# 26036927
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Investment Insights
Based on property information with market context.
This mixed-use building combines commercial space with four residential apartments. The main level includes a restaurant and bar, along with a fenced outdoor patio. Also on the main level are a salon space and a restaurant/retail area with an outside patio. The upper levels provide four apartments, including two two-bedroom units and two one-bedroom units. An expansive storage area is also included in the property.
Located at 119 W 3rd Street in downtown Alton, the property is just blocks from the Mississippi River. The building is constructed with brick and wood siding and was built in 1891. Flooring includes tile, carpet, wood, and vinyl.
For comfort and operations, the property is served by forced-air heating with natural gas and central air cooling, with ceiling fans also noted. Parking is available via alley and on-street spaces. Utilities include cable available, and water is provided through public service.
Located at 119 W 3rd Street in downtown Alton, the property is just blocks from the Mississippi River. The building is constructed with brick and wood siding and was built in 1891. Flooring includes tile, carpet, wood, and vinyl.
For comfort and operations, the property is served by forced-air heating with natural gas and central air cooling, with ceiling fans also noted. Parking is available via alley and on-street spaces. Utilities include cable available, and water is provided through public service.
Key Highlights
- Main level restaurant and bar plus a fenced outdoor patio
- Four apartments upstairs: two two‑bedroom and two one‑bedroom units
- Salon space and restaurant/retail area on the main level with an outside patio
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
Explore this area
Business Placement
Demographics for 62002, IL
30,176
Population
14,832
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
41.3 sq mi
ZIP Area
731
Density / Sq Mi
$57,851
Median Household Income
$38,120
Median Earnings
$941
Median Rent
$114,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown mixed-use building with restaurant and bar, fenced patio, and four residential apartments.
Where is this mixed-use property located?
The property is located at 119 W 3rd Street Alton, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Main level restaurant and bar plus a fenced outdoor patio; Four apartments upstairs: two two‑bedroom and two one‑bedroom units; Salon space and restaurant/retail area on the main level with an outside patio
