Search
Open-Plan Retail Space
For Lease
$13 SF/Yr NNN

220 Regional Drive, Alton, IL 62002

COMMERCIAL - Alton, IL

Space Size4,436 SF
Lot Size0.48 Acres
Days on Market15

Property Features for 220 Regional Drive

General Information

Property type Commercial Lease
Property subtype Retail
Parking features Off Street
Subdivision Center Park South
Directions Homer Adams Parkway to Alton Square Mall Drive to Regional Drive.
Standard status Active
APN 23-2-07-01-05-101-003
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description CENTER PARK SOUTH LOT 3
Tax Annual Amount 188990
Legal Description CENTER PARK SOUTH LOT 3

Utilities

Utilities Cable Available
Heating system Forced Air, Natural Gas
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1981
Floors in Building 1
Number of units 3
Building materials Brick, Glass
Roof type Rubber
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: Rick Lauschke · License #471000992
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 29 at 1:06AM
MLS# 26052182

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 4,436-square-foot retail suite offers a broad open sales area with rear storage and a half bath. The space was previously used as a fitness retail center and is available for immediate occupancy. Building features include brick and glass construction, a rubber roof, central air, forced-air heating, and off-street parking. Public water and cable availability are also noted.

The property is positioned adjacent to Homer Adams Parkway, across from Alton Square Mall and Alton Corners retail center. Human Motion Institute and Heights Finance are identified as anchor tenants. The suite is offered under an NNN lease structure, with the tenant responsible for its prorata share of real estate taxes, common area maintenance, insurance, and utilities.

Key Highlights

  • Approximately 4,436 SF retail suite
  • Large open sales area with rear storage and a half bath
  • Across from Alton Square Mall and Alton Corners retail center

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Pharmacy Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby
425k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 28% Dining 25% Superstores 15% Home Improvements & Furnishings 13%
Target Superstores
62,425 visits/mo 0.1 miles
JCPenney Apparel
39,710 visits/mo 0.3 miles
Kohl's Apparel
30,927 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
28,785 visits/mo 0.3 miles
Five Below Shops & Services
28,255 visits/mo 0.5 miles

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

Lease Benchmarks for Alton, IL

$13 /SF/Yr
Avg Asking Price
$13–$13 /SF/Yr
Price Range
6,157 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - The suite sits across from Alton Square Mall and Alton Corners retail center.
Where is this retail space located?
The property is located at 220 Regional Drive Alton, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Approximately 4,436 SF retail suite; Large open sales area with rear storage and a half bath; Across from Alton Square Mall and Alton Corners retail center
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message