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    Tbd Alton, IL 62002

    For Sale
    $910,000

    Farm - Alton, IL

    Type:Farm
    Lot size:
    45.50 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 7 at 9:06 am

    Property Features for Tbd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    APN
    23-1-08-05-00-000-017
    Lot size
    45.50 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Brown Realtors (618) 692-7290 [email protected]

    Listing agent David Lauschke (618) 465-2966 License #471000341

    Listing date Sep 18, 2025

    MLS# 24052983 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 Development Potential

    This property features 45.5 acres of gently rolling ground, comprising both tillable and wooded areas. It is currently zoned M-2, but offers flexibility for rezoning to M-1, commercial, multifamily, or single-family residential use, according to city ordinance. The site benefits from the availability of a 15" sewer main. The seller is open to dividing the acreage into smaller tracts, and additional land may also be available. The property has easy access to Fosterburg Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.118889
    Latitude
    38.920406

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    FAQs

    What type of property is this?
    Commercial land - 45.5 acres of land with development and rezoning possibilities.
    Where is this commercial land located?
    The property is located at Tbd Alton, IL.
    What is the asking price?
    The asking price for this property is $910,000.
    What are key features of this property?
    This property features: - 45.5 acres of land with development flexibility due to potential rezoning options.; - Zoned M-2 with existing sewer access and easy access to Fosterburg Rd.; - Serviced by a 15" sewer main.
    (618) 465-2966
    Request Owner's contact information
    Tbd 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
    Tbd Alton, IL 62002
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