Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2900 Fosterburg Rd Alton, IL 62035

    Sponsored
    For Sale
    $200,000

    Residential - Alton, IL

    Lot size:
    1.07 Acres
    Days on Market:
    145
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 2900 Fosterburg Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Industrial
    APN
    23-2-08-04-09-101-003
    Lot size
    1.07 Acres

    Building Details

    Architectural style
    Other

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

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

    Listing date Aug 14, 2025

    MLS# 24048015 Listing URL

    Copyright © 2026 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

    Alton Land Ready to Develop

    This 1.07-acre lot is located within the Alton corporate limits and offers flexibility to be rezoned to commercial or multifamily residential. The surveyed lot is ready to be developed and has good visibility on Fosterburg Road with 130 feet of frontage. A clean Phase 1 environmental assessment has been completed. All public utilities are available nearby. The property is located in an industrial area, at a corner location within a business park, and is close to I-255 and Illinois Route 140. Additional property is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Pharmacy Department Store Storage Facility HVAC Service Bar & Pub Garden Center Discount Store Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.113297
    Latitude
    38.917272

    Nearby Similar for Sale

    • $225,000
      3,062 SF

      Commercial Building with Income Apartment

      All-brick commercial building with income-producing apartment in high-traffic area.
      2248 E Broadway, Alton, IL 62002
      View Details
    • $350,000
      0.04 Acres

      Turnkey Bar with Income Potential

      Established bar in downtown Alton with gaming and apartment.
      314 State St, Alton, IL 62002
      View Details
    • $340,000
      19,534 SF

      Former Bank Building in Alton

      Versatile commercial property with ample parking and finished lower level.
      1520 Washington Ave, Alton, IL 62002
      View Details
    • $220,000
      1,443 SF

      Alton Multifamily Property with Cottage

      Multifamily property featuring a main residence and separate cottage.
      3302 College Ave, Alton, IL 62002
      View Details
    • $4,000,000
      64,800 SF

      Medical Office Building For Sale

      64,800 SF medical office building on 4.3 acres.
      1 Professional Dr, Alton, IL 62002
      View Details
    • $589,000
      3,000 SF

      Turnkey Irish Pub in Alton

      Established Irish pub for sale in historic downtown Alton, Illinois.
      200 State St, Alton, IL 62002
      View Details
    • $285,000
      33,150 SF

      Former School with Redevelopment Potential

      Former school building suitable for redevelopment in Alton, Illinois.
      121 W Elm St, Alton, IL 62002
      View Details
    • $550,000
      2,900 SF

      Turn-Key Automotive Shop Opportunity

      Fully equipped automotive shop in high-traffic Alton location.
      808 E Broadway, Alton, IL 62002
      View Details
    • $110,000
      0.11 Acres

      Alton, IL Investment Duplex

      Duplex in Christian Hill, walking distance to downtown Alton.
      314 W 4Th St, Alton, IL 62002
      View Details
    • $79,900
      984 SF

      Alton Commercial Building For Sale

      Commercial building in Alton, Illinois, suitable for various applications.
      2201 State St, Alton, IL 62002
      View Details
    • $175,000
      4,687 SF

      Mixed-Use Building with Warehouse Space

      Two-story building with retail, office, and warehouse potential.
      1850 E Broadway, Alton, IL 62002
      View Details
    • $89,000
      1,980 SF

      Alton Commercial Building For Sale

      Commercial building in Alton, IL, suitable for various business uses.
      1117 Milton Rd, Alton, IL 62002
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.07 acre lot with development potential in Alton, Illinois.
    Where is this commercial land located?
    The property is located at 2900 Fosterburg Rd Alton, IL.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Flexibility to be rezoned to commercial or multifamily residential.; - Great location close to I255 and IL Rte 140.; - 130' of frontage on Fosterburg Road with good visibility.
    (618) 977-7912
    Request Owner's contact information
    2900 Fosterburg Rd Alton, IL 62035
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2900 Fosterburg Rd
    Alton, IL 62035
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2900 Fosterburg Rd Alton, IL 62035
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.