Search
Commercial Land With Metal Buildings
For Sale
$400,000

2920 Fosterburg Road, Alton, IL 62002

Commercial Sale, Alton, IL

Property SizeContact for details
Lot Size3.36 Acres
Days on Market38

Property Features for 2920 Fosterburg Road

General Information

Property type Commercial Sale
Property subtype Retail
Subdivision Not in a subdivision
Directions IL State Rte 140 to Fosterburg Road
Standard status Active
APN 23-2-08-04-09-101-005
Lot size 3.36 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Alton Commerce Park 1 Lot 5 & 6
Tax Annual Amount 3049
Legal Description Alton Commerce Park 1 Lot 5 & 6

Utilities

Utilities Electricity Available
Water source Public

Building Details

Floors in Building 1
Building materials Metal Siding
Roof type Metal
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: David Lauschke · License #471000341
Added: Aug 3 Changed: Sep 4 Last Checked: Sep 9 at 1:06PM
MLS# 24048032

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 commercial land offering includes two parcels with existing improvements suited to industrial-area use. The larger metal buildings measure 6,400 SF and 3,200 SF, each with concrete floors and electric service. A separate 1,344 SF modular building is also present and requires repairs. Metal roofing and metal siding are among the property improvements.

The site provides 429 feet of frontage and sits approximately 0.5 miles from I-255 and IL Rte 140. Public utilities are available on and near the property, with public water identified and electricity available. A completed Phase 1 environmental assessment is described as clean. The property may be considered for rezoning to commercial, multifamily, or single-family use.

Key Highlights

  • Two parcels with 6,400 SF and 3,200 SF metal buildings
  • Separate 1,344 SF modular building requiring repairs
  • 429 feet of frontage

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Alton Duct Clean ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Pharmacy Storage Facility Garden Center Grocery & Convenience Store

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

49
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

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 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?
Commercial land - Improved commercial land with two metal buildings, concrete floors, and electric service.
Where is this commercial land located?
The property is located at 2920 Fosterburg Road 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: Two parcels with 6,400 SF and 3,200 SF metal buildings; Separate 1,344 SF modular building requiring repairs; 429 feet of frontage
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