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    48 E Elm St Alton, IL 62002

    For Sale
    $195,000

    Business - Alton, IL

    Type:Business
    Lot size:
    0.42 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 48 E Elm St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    23-2-07-02-08-201-005
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    0.42 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1952
    Building materials
    Brick
    Architectural style
    Other

    Re/Max River Bend (618) 973-1056 [email protected]

    Listing agent Jon Blake Hoffman (618) 462-5300 License #475211328

    Listing date Dec 1, 2025

    MLS# 25053567 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

    Updated Corner Location in Alton

    This updated corner property is located on the corner of E Elm & Alby in Alton, IL. The property is suitable for an automotive business or convenience store, among other potential uses. The workspace inside features three recently replaced bay doors and has been completely redone. Shelving and storage are available in the rear of the building. Ample parking is available, and a paved space behind the building provides operating space. The steel roof was installed in 2022. The lot size is 0.4215 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Old Station Tire ... Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    U-Haul Neighborhood Dealer, U-Haul Neighborhood Dealer, Tool & Truck Rental Center at The Home Depot

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.18145642
    Latitude
    38.92064253

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    FAQs

    What type of property is this?
    Automotive property - Updated corner location suitable for automotive or convenience store.
    Where is this automotive property located?
    The property is located at 48 E Elm St Alton, IL.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - Updated and ready-to-go workspace inside.; - Three recently replaced bay doors.; - Ample parking and paved space behind the building.
    (618) 462-5300
    Request Owner's contact information
    48 E Elm St 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
    48 E Elm St Alton, IL 62002
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