Mixed-Use Building with
For Sale
$699,000
119 W 3rd Street, Alton, IL 62002
Four apartments sit above ground-floor restaurant, bar, salon, and retail space.
Property Size10,200 SF
Price / SF$68.53
Days on Market133
Property Features for 119 W 3rd Street
General Information
Standard status
Active
Size
10,200 SF
Property subtype
Commercial
Units
Unit Mix
2 x 2BR, 2 x 1BR
Multifamily Units
4
Additional Details
Patio
Yes
Taxes and HOA fees
Annual Taxes
$16,513
Building Details
Building Size
10,200 SF
Year Built
1891
Buildings
3
Stories
3
Tenancy
Multi
Listing Agency:
Flowers Home Realty
(636) 348-0222
Listed By:
Marletta Flowers
(314) 614-8707
Source:
Flowershomerealty
Added: Jun 15
Changed: Oct 23
Last Checked: Oct 23 at 1:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flowers Home Realty
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Investment Insights
Based on property information with market context.
This downtown Alton mixed-use property combines residential units with several commercial spaces. The upper floors contain four apartments: two two-bedroom units and two one-bedroom units. Ground-floor spaces include a restaurant and bar, a salon, and an area designated for restaurant or retail use. A fenced outdoor patio serves the commercial space, and the building also includes a large storage area.
The property is in Alton’s downtown entertainment district, a few blocks from the Mississippi River. Built in 1891, it brings together residential and commercial uses in a single building.
The property is in Alton’s downtown entertainment district, a few blocks from the Mississippi River. Built in 1891, it brings together residential and commercial uses in a single building.
Key Highlights
- Four apartments: two two‑bedroom units and two one‑bedroom units
- Ground‑floor restaurant and bar, plus salon and restaurant/retail space
- Fenced outdoor patio
Property Analytics
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four apartments sit above ground-floor restaurant, bar, salon, and retail space.
Where is this mixed-use property located?
The property is located at 119 W 3rd Street Alton, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four apartments: two two‑bedroom units and two one‑bedroom units; Ground‑floor restaurant and bar, plus salon and restaurant/retail space; Fenced outdoor patio
