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Medical Office Building with Parking
For Sale
$4,000,000

1 Professional Drive, Alton, IL 62002

LAND - Alton, IL

Property Size64,800 SF
Lot Size4.33 Acres
Price / SF$61.73
Days on Market36

Property Features for 1 Professional Drive

General Information

Property type Land
Property subtype Other
Security features Security System
Subdivision Parkway Professional Plaza #1
Lot features Sprinklers In Front, Sprinklers In Rear
Directions Route 3 North to Route 140(west) to Professional Drive and building is second on the right.
Standard status Active
APN 23-2-08-08-05-101-054
Size 64,800 SF
Lot size 4.33 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Parkway Professional Plaza Addn. No 1 Lot 3
Tax Annual Amount 140590
Legal Description Parkway Professional Plaza Addn. No 1 Lot 3

Utilities

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

Amenities

lobby
conference room

Building Details

Year built 1994
Floors in Building 3
Building materials Brick
Roof type Flat
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: Tricia Sisk · License #475126803
Added: Jul 11 Changed: Aug 12 Last Checked: Aug 15 at 10:06PM
MLS# 24060478

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 medical office property contains 64,800 square feet across two floors and a lower level, with approximately 54,000 rentable square feet. The main level includes a lobby, restrooms, conference room, and two elevators serving all three levels. Brick-and-glass construction, a flat roof, central air, and public water and sewer support the building’s existing configuration. First-floor space is available for lease, while more than half of the property is occupied under 2–5-year NNN leases by medical tenants.

The property occupies 4.33 acres across two parcels and includes an asphalt parking area with approximately 270 spaces, including 10 handicap spaces. It is zoned C2 General Commercial District, which supports restaurant, retail, professional and personal service, and medical office uses. Access is available to Rte 3, Rte 140, and College Ave, with proximity to Interstates 255 and 270. Average daily traffic is approximately 14,200 VPD. A new roof and elevator system updates are identified for 2026.

Key Highlights

  • 64,800‑square‑foot medical office building with approximately 54,000 rentable square feet
  • Two floors plus a lower level, with two elevators serving all three levels
  • Approximately 270 asphalt parking spaces, including 10 handicap spaces

Property Analytics

Current Use

Shields Family Pharmacy Pharmacy Dr. Daniel P. ... Ophthalmologist Dr. Matthew A. Thomas, ... Physician B & D Pharmacy Pharmacy Kelly J Lindsey, ... Pediatrician

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Restaurant HVAC Service Building Supply Spa & Massage Center

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby
Under-served
Demand for This Use

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

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Three-level medical office property with shared amenities, elevator service, leased medical space, and additional first-floor availability.
Where is this medical office space located?
The property is located at 1 Professional Drive Alton, IL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 64,800‑square‑foot medical office building with approximately 54,000 rentable square feet; Two floors plus a lower level, with two elevators serving all three levels; Approximately 270 asphalt parking spaces, including 10 handicap spaces
More about this property
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