Search
Retail Suite Near Alton Square Mall
For Lease
$13 SF/Yr NNN

237 E Center Drive, Alton, IL 62002

Commercial Lease, Alton, IL

Space Size1,820 SF
Lot Size2.12 Acres
Days on Market125

Property Features for 237 E Center Drive

General Information

Property type Commercial Lease
Property subtype Retail
Parking 10
Parking features Parking Lot
Directions Homer Adams Pkwy to Alton Square Mall to E. Center Drive
Standard status Active
APN 23-1-01-36-17-301-006
Lot size 2.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description E PT SW SW
Tax Annual Amount 24169
Legal Description E PT SW SW

Utilities

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

Amenities

reception area
handicap bathroom
office space
storage area

Building Details

Year built 1992
Floors in Building 1
Building materials Brick, Glass
Roof type Rubber, Membrane
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: Rick Lauschke · License #471000992
Added: May 8 Changed: Sep 4 Last Checked: Sep 9 at 2:06PM
MLS# 26017407

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 retail suite is configured with a reception area, office space, storage, and a handicap bathroom. The prior salon use provides a relevant fit for personal-service or other retail-oriented occupancy. Brick and glass construction, forced-air heating, central air, electric cooling, and a membrane roof serve the space, with a parking lot available on the property.

The property is located at 237 E Center Drive in Alton, adjacent to Homer Adams Parkway and across from Alton Square Mall. On-site anchor tenants include Quest Diagnostics, Jackson Hewitt, C.J. Schlosser, Great Rivers Animal Hospital, and Southwester Hearing Center. The lease is structured as NNN, with tenant responsibility for applicable operating costs and utilities.

Key Highlights

  • Approximately 1,820 SF retail/office suite
  • Adjacent to Homer Adams Parkway and across from Alton Square Mall
  • Reception area, office space, storage, and handicap bathroom

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

GlamR'us Salon Suite Hair Salon Quest Diagnostics Medical Clinic Southwestern Hearing Centers Hearing Aid Store Edward Jones Financial Advisor

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Bakery

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Alton, IL

$12.98 /SF/Yr
Avg Asking Price
$12.82–$13 /SF/Yr
Price Range
4,666 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 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 - Available for immediate occupancy with reception, office, storage, and a handicap bathroom.
Where is this retail space located?
The property is located at 237 E Center 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 1,820 SF retail/office suite; Adjacent to Homer Adams Parkway and across from Alton Square Mall; Reception area, office space, storage, and handicap bathroom
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