Search
Mixed-Use Building with Radiant Heat
For Sale
$225,000

2356 State Street, Alton, IL 62002

COMMERCIAL - Alton, IL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market35

Property Features for 2356 State Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Appliances Electric Water Heater
Subdivision Mouniers First Add
Standard status Active
APN 23-2-07-02-09-102-013
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4841

Utilities

Heating system Electric (Heating)
Cooling system Central Air, Window Unit(s), Wall/Window Unit(s), Electric
Water source Public

Amenities

laundry
storage
fire alarm system
parking

Building Details

Year built 1942
Building materials Brick
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: Jason Jackson · License #475187519
Added: Jul 8 Changed: Aug 4 Last Checked: Aug 11 at 10:06AM
MLS# 26043299

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 mixed-use, four-unit brick building includes two renovated apartments and two renovated commercial spaces. The property provides laundry and storage available on-site, with each unit having its own electrical service. Heating is radiant throughout the building, supported by a boiler replacement in 2021. A fire alarm system serves the entire building, and an electric water heater is included.

The building offers off-street parking and is supported by public water service. Constructed in 1942 and situated on a 0.1267-acre lot in Alton, Illinois, it combines residential and commercial space in one manageable property.

With its combination of renovated unit interiors, separate electrical service, radiant heat, and building-wide life-safety systems, the property is designed to support both residential tenancy and commercial occupancy under one ownership structure.

Key Highlights

  • Brick mixed‑use building on a 0.1267‑acre lot
  • Four‑unit configuration with two renovated apartments and two renovated commercial spaces
  • Boiler replaced in 2021 to provide radiant heat throughout the building

Property Analytics

Current Use

Mandrell Agency Inc Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Bakery Kitchen & Bath Showroom Plumbing Service

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

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

362
Businesses Nearby
99k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Groceries 34% Dining 18% Home Improvements & Furnishings 3%
Schnucks Groceries
33,536 visits/mo 0.3 miles
QuikTrip Shops & Services
25,916 visits/mo 0.4 miles
Hardee's Dining
9,580 visits/mo 0.3 miles
Dollar General Shops & Services
8,535 visits/mo 0.3 miles
U.S. Bank Shops & Services
5,758 visits/mo 0.2 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

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?
Mixed-use property - Four-unit mixed-use building with renovated apartments and commercial spaces in brick construction, with radiant heat via a replacement boiler.
Where is this mixed-use property located?
The property is located at 2356 State Street Alton, IL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Brick mixed‑use building on a 0.1267‑acre lot; Four‑unit configuration with two renovated apartments and two renovated commercial spaces; Boiler replaced in 2021 to provide radiant heat throughout the building
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