Mixed-Use Building with
For Sale
$699,000
119 W 3rd Street, Alton, IL 62002
Commercial Sale, Alton, IL
Property SizeContact for details
Lot Size0.06 Acres
Days on Market84
Property Features for 119 W 3rd Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking features
Alley, On Street
Subdivision
Godfrey & Gilmans Add
Directions
Broadway to State St. to 3rd St.(right), Property on the Right in the middle of the street.
Standard status
Active
APN
23-2-07-14-06-103-012
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
16513
Utilities
Utilities
Cable Available
Heating system
Natural Gas, Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1891
Floors in Building
3
Flooring type
Tile, Vinyl, Wood, Carpet
Building materials
Brick, Wood Siding
Listing Agency:
Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
(618) 465-2966
Listed By:
Rick Lauschke · License #471000992
(618) 692-7290
Added: Jun 15
Changed: Sep 4
Last Checked: Sep 6 at 6:06AM
MLS# 26036927
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 1891 mixed-use building includes a restaurant and bar on the main level, along with salon space and a separate restaurant or retail area. A fenced outdoor patio serves the main-level commercial uses. The upper floors contain four apartments, comprising two two-bedroom units and two one-bedroom units. An expansive storage area is also part of the property. Construction includes brick and wood siding, with tile, vinyl, wood, and carpet flooring. Heating is provided by natural gas and forced air, while cooling includes central air and ceiling fans.
The property is located in downtown Alton’s entertainment district, a few blocks from the Mississippi River. Access and parking features include an alley and on-street parking. Public water and cable availability are reported for the property, which occupies 0.0559 acres.
The property is located in downtown Alton’s entertainment district, a few blocks from the Mississippi River. Access and parking features include an alley and on-street parking. Public water and cable availability are reported for the property, which occupies 0.0559 acres.
Key Highlights
- Four apartments: 2 two‑bedroom units and 2 one‑bedroom units
- Main‑level restaurant and bar with a fenced outdoor patio
- Additional salon space and restaurant or retail area
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick property combines commercial space with four residential apartments.
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: 2 two‑bedroom units and 2 one‑bedroom units; Main‑level restaurant and bar with a fenced outdoor patio; Additional salon space and restaurant or retail area
