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    Mixed-Use Retail and Residential Building Title is generated by Realmo AI

    119 W 3rd Street, Alton, IL 62002

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    New
    For Sale
    $699,000

    Retail - Alton, IL

    Type:Retail
    Property size:
    10,200 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $68/SF
    Added:
    Jun 15, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 15 at 9:06 pm

    Property Features for 119 W 3rd Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Parking features
    On Street
    Exterior features
    Fencing
    Fencing
    Fenced
    Standard status
    Active
    APN
    23-2-07-14-06-103-012
    Size
    10,200 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    16513

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1891
    Flooring type
    Carpet, Tile, Vinyl, Wood
    Building materials
    Brick, Wood Siding
    Architectural style
    Other

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    Listing Contact
    Rick Lauschke
    Rick Lauschke

    Listing agent Rick Lauschke License #471.000992

    Listing office Coldwell Banker Brown Realtors 117 West 3rd, Edwardsville, IL

    Listing date Jun 15, 2026

    MLS# 26036927 Listing URL

    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.

    HighLights

    • Mixed‑use downtown Alton income property with restaurant and bar on the main level
    • Main‑level salon space plus restaurant/retail area, each with access to an outdoor patio
    • Four residential apartments above: 2 two‑bedroom units and 2 one‑bedroom units
    • Fenced outdoor patio for dining, entertainment, and special events
    • Expansive storage area offers potential for redevelopment into additional apartment units
    • Built in 1891 with brick and wood siding; forced‑air natural gas heat and central air

    Overview

    This income-producing mixed-use building includes a restaurant and bar on the main level, with a fenced outdoor patio for dining and events. The upper levels contain four residential apartments: two two-bedroom units and two one-bedroom units. In addition to the restaurant and bar space, the main level includes a salon space and a separate restaurant/retail area, also with an outside patio. The property further features an expansive storage area that may offer redevelopment flexibility for additional apartment units.

    Located in downtown Alton, the building sits just blocks from the Mississippi River. With its mix of commercial and residential space, the property is designed to support multiple revenue streams within one structure.

    For tenants, operators, and buyers seeking a combined retail and residential setup, the layout supports both walk-in/visitors-facing uses on the main level and longer-term occupancy in the apartment units above. The presence of storage space that could be repurposed provides an additional consideration for parties evaluating future use and configuration within the existing footprint.
    Property Profile Location Intelligence

    Current Use by Public Records

    Third Street Hair ... Barber Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.187477
    Latitude
    38.890954

    FAQs

    What type of property is this?
    Mixed-use property - Income-producing mixed-use building with a restaurant and bar plus four apartments and an outdoor patio.
    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: Mixed‑use downtown Alton income property with restaurant and bar on the main level; Main‑level salon space plus restaurant/retail area, each with access to an outdoor patio; Four residential apartments above: 2 two‑bedroom units and 2 one‑bedroom units
    More about this property
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