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    122 Virginia St East Alton, IL 62024

    Sponsored
    For Sale
    $175,000

    Retail - East Alton, IL

    Type:Retail
    Property size:
    2,353 SF
    Lot size:
    0.46 Acres
    Days on Market:
    197
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 122 Virginia St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    19-1-08-17-16-402-001
    Parking features
    Driveway, Paved or Surfaced
    Size
    2,353 SF
    Lot size
    0.46 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas, Varies by Unit (Heating)
    Cooling system
    Attic Fan, Central Air, Electric

    Building Details

    Year built
    1961
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

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

    Listing agent David Lauschke (618) 465-2966 License #471000341

    Listing date Jun 23, 2025

    MLS# 24040498 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

    East Alton Retail/Office Opportunity

    This 1.5-story, all-brick building in East Alton, Illinois, offers significant potential for various commercial uses. Zoned B-2 Commercial, the property is suitable for offices and other retail ventures. The building features a walkout lower level and provides over 3400 square feet of usable space. Situated in a retail center within the city, the property benefits from its location. The lot size is 0.46 acres. The property contains 2353 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    East Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.119474
    Latitude
    38.884142

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      East Alton Income Property

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    FAQs

    What type of property is this?
    Retail space - Commercial building with over 3400 SF of usable space.
    Where is this retail space located?
    The property is located at 122 Virginia St East Alton, IL.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Zoned B-2 Commercial: Ideal for office use or other business ventures; - Over 3400 sq ft of usable space: Provides ample room for various business needs; - All brick construction: Offers durability and classic aesthetic appeal
    (618) 977-7912
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    East Alton, IL 62024
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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
    122 Virginia St East Alton, IL 62024
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