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Third-Floor Office Unit
For Lease
$700/Mo

307 Henry St., Alton, IL 62002

Commercial Lease, Alton, IL

Space Size390 SF - 580 SF
Days on Market61

Property Features for 307 Henry St.

General Information

Property type Commercial Lease
Property subtype Office
Parking features On Street, Parking Lot
Accessibility Accessible Elevator Installed
Directions Broadway to Henry St.(north), building on the right at the corner of 3rd St. and Henry St.
Standard status Active
APN 23-2-07-14-08-204-016

Taxes and HOA fees

Tax Year 2023
Tax Description POPE & OTHERS ADD LOTS 1 - 3, 5, 6, & PART LOTS 4, 7, & 8
Legal Description POPE & OTHERS ADD LOTS 1 - 3, 5, 6, & PART LOTS 4, 7, & 8

Utilities

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

Amenities

restaurant

Building Details

Year built 1950
Floors in Building 4
Building materials Brick
Roof type Flat, Membrane
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: Rick Lauschke · License #471000992
Added: Jul 11 Changed: Sep 4 Last Checked: Sep 9 at 1:06PM
MLS# 25039286

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.

Approximately 560 square feet of office space occupies the third floor of the Honke Office Building. The suite was previously configured for medical office use and may accommodate medical, legal, or other professional and personal services. Building features include brick construction, central air conditioning, forced-air natural gas heat, and a membrane roof.

Located at 307 Henry St. in Alton, the property is positioned at 3rd and Henry Street. Access is available from the north parking lot, with both parking-lot and on-street parking. An accessible elevator serves all four floors, and Decaro's restaurant occupies the ground floor. The building was constructed in 1950 and is located within a HUB Zone.

Key Highlights

  • Approximately 560 SF of third‑floor office space
  • Previously configured for medical office use
  • Accessible elevator serves all four floors

Property Analytics

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Current Use

Chiropractic Centre Alternative Medicine Practice Heartland Hearing Centers ... Hearing Aid Store Studio210 Hair Salon Stephen G. Vincent Physician Marla Nelson LCPC, ... Family Counselor

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Pharmacy Storage Facility Electrical Service (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

874
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
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Market

Lease Benchmarks for Alton, IL

$13.22 /SF/Yr
Avg Asking Price
$12.82–$15.96 /SF/Yr
Price Range
4,225 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
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Frequently Asked Questions

What type of property is this?
Office units - Professional office suite with elevator access, parking, and central air conditioning.
Where is this office units located?
The property is located at 307 Henry St. Alton, IL.
What is the lease rate?
The lease rate is $700/Mo.
What are key features of this property?
This property features: Approximately 560 SF of third‑floor office space; Previously configured for medical office use; Accessible elevator serves all four floors
More about this property
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