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    2910 Fosterburg Rd Alton, IL 62002

    Picture of Land at Fosterburg Rd 2910, Alton, IL
    For Sale
    $200,000

    Commercial Sale - Alton, IL

    Lot size:
    1.18 Acres
    Days on Market:
    120
    Last Refresh:
    Dec 11 at 2:06 am

    Property Features for 2910 Fosterburg Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    23-2-08-04-09-101-004
    Lot size
    1.18 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# 24048023 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

    Alton Commercial Land For Sale

    This 1.18-acre commercial land is located in Alton, Illinois, offering flexibility for rezoning to commercial or multifamily residential use. The surveyed lot is ready to be developed and features good visibility on Fosterburg Road. It is situated in a location with high traffic, within a business park and industrial park area. The property is located within the Alton corporate limits and is close to I-255 and Illinois Route 140. A clean Phase 1 environmental assessment has been completed. All public utilities are available nearby.
    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
    -90.115658
    Latitude
    38.916261

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    FAQs

    What type of property is this?
    Land - Commercial land with high visibility, ready for development.
    Where is this land located?
    The property is located at 2910 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.; - Good visibility on Fosterburg Road.
    (618) 465-2966
    Request Owner's contact information
    2910 Fosterburg Rd Alton, IL 62002
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    Alton, IL 62002
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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
    2910 Fosterburg Rd Alton, IL 62002
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