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    2920 Fosterburg Rd Alton, IL 62002

    For Sale
    $400,000

    Retail - Alton, IL

    Type:Retail
    Lot size:
    3.36 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 2920 Fosterburg Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    23-2-08-04-09-101-005
    Lot size
    3.36 Acres

    Building Details

    Building materials
    Metal Siding
    Roof type
    Metal
    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# 24048032 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 Land with Metal Buildings

    Two parcels totaling approximately 3.46 acres are available, conveniently located just 0.5 miles from I-255 and Illinois Route 140 in an industrial area. The property includes a 6400-square-foot metal building and a 3200-square-foot metal building, both featuring concrete floors and electric utilities. Additionally, there is a 1344-square-foot modular building that requires repairs. The property offers 429 feet of frontage and the flexibility to be rezoned to commercial, multi-family, or single-family use. A Phase 1 environmental assessment has been completed and is clean. Public utilities are available on and near the property, offering lots of potential. PIN 23-2-08-04-09-101-006 is included in the sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alton Duct Clean ... Cleaners

    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.

    Similar Places Nearby

    Fosterburg Rd Storage

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.115341
    Latitude
    38.916762

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    FAQs

    What type of property is this?
    Warehouse - 3.46 acres near I-255 with metal buildings.
    Where is this warehouse located?
    The property is located at 2920 Fosterburg Rd Alton, IL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - 3.46 acres with flexibility to be rezoned to Commercial, multi family or single family.; - Convenient location: .5 miles to I-255 and IL Rte 140.; - Two metal buildings (6400sf and 3200sf) with concrete floors and electric.
    (618) 465-2966
    Request Owner's contact information
    2920 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

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    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
    2920 Fosterburg Rd Alton, IL 62002
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