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Office Building on Busy Corner
For Sale
$209,900

344 W Saint Louis Avenue, East Alton, IL 62024

COMMERCIAL - East Alton, IL

Property Size4,658 SF
Lot Size0.40 Acres
Price / SF$45.06
Days on Market64

Property Features for 344 W Saint Louis Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking 16
Subdivision Smiths Geo F Third Add
Standard status Active
APN 19-2-08-16-17-302-006
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10062

Utilities

Heating system Forced Air, Natural Gas
Cooling system Electric, Central Air

Building Details

Year built 1930
Floors in Building 1
Flooring type Vinyl, Carpet, Tile - Ceramic
Building materials Block, Brick
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: John Hoefert · License #475.207904
Added: Jun 16 Changed: Aug 4 Last Checked: Aug 18 at 10:06AM
MLS# 26004189

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 office building offers 4,658 SF and is currently arranged with 11 offices, a conference room, reception area, kitchen, and 5 restrooms. The building could support multiple businesses, or be reconfigured as a workspace for a single operator. Construction includes block and brick, with ceramic tile, carpet, and vinyl flooring. Heating is provided by natural gas forced air, and cooling includes electric central air.

Located on the busy corner of West St. Louis Avenue and Smith Street, the property is described as a high-traffic location with a daily traffic count of 8,300. The building is served by two included parking lots that have been sealed and provide ample parking. A storage shed will be conveyed with the sale.

Recent updates include a rear office A/C and furnace new in 2025, front office furnace new in 2024, A/C in 2021, and a new roof in 2022. Two offices are currently rented, and the tenants wish to remain if agreeable to the new owners.

Key Highlights

  • 4,658 SF commercial office building with 11 offices, conference room, reception, kitchen, and 5 restrooms
  • Busy corner location on West St. Louis Avenue and Smith Street with 8,300 daily traffic count
  • Two included parking lots sealed and described as providing ample parking

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Kitchen & Bath Showroom Skin Care Clinic Hair Salon

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

11
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby

Demographics for 62024, IL

9,337
Population
4,719
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
1,729
Density / Sq Mi
$60,775
Median Household Income
$43,330
Median Earnings
$851
Median Rent
$112,500
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Commercial office building on a high-traffic corner with multiple offices, conference room, and recent HVAC and roof updates.
Where is this office building located?
The property is located at 344 W Saint Louis Avenue East Alton, IL.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: 4,658 SF commercial office building with 11 offices, conference room, reception, kitchen, and 5 restrooms; Busy corner location on West St. Louis Avenue and Smith Street with 8,300 daily traffic count; Two included parking lots sealed and described as providing ample parking
More about this property
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