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Mixed-Use Downtown Building

119 W 3rd Street Alton, IL 62002

119 W 3rd Street, Alton, IL, 62002
$699,000
For Sale
$699,000

COMMERCIAL - Alton, IL

Lot Size0.06 Acres
Days on Market39

Property Features for 119 W 3rd Street

General Information

Property type
Commercial Sale
Property subtype
Retail
Parking features
Alley, On 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
Ceiling Fan(s), Central Air
Water source
Public

Building Details

Year built
1891
Floors in Building
3
Flooring type
Tile, Carpet, Vinyl, Wood
Building materials
Brick, Wood Siding
Listing agency Coldwell Banker Brown Realtors
Listed by Rick Lauschke · License #471000992
Added: Jun 15 Updated: Jul 22 at 4:35PM Checked: Jul 23 at 2:06AM
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 mixed-use property includes commercial and residential components across multiple levels. The main level features a restaurant and bar, along with a fenced outdoor patio. Also on the main level is a salon space and a restaurant/retail area with an outside patio. The upper levels comprise four residential apartments, including two two-bedroom units and two one-bedroom units. An expansive storage area is also included, offering space that could be repurposed.

The building is located in downtown Alton, within blocks of the Mississippi River, and is described as part of the downtown entertainment district.

The configuration combines income-producing commercial space with recurring residential rent from four apartments, plus storage area that may support future redevelopment into additional units, subject to applicable approvals.

Key Highlights

  • Mixed‑use downtown Alton building with restaurant/bar on the main level and four residential apartments above
  • Apartment mix includes 2 two‑bedroom and 2 one‑bedroom units
  • Main‑level amenities include a fenced outdoor patio and separate salon space plus restaurant/retail area with an outside patio

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Third Street Hair ... Barber Shop

Suggested Use

Real Estate Agency Pharmacy Parking Lot & Garage Storage Facility Electrical Service Kitchen & Bath Showroom Auto Repair Shop HVAC Service Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Mixed-use property - Mixed-use building with restaurant and bar space plus four apartments and additional salon and restaurant/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: Mixed‑use downtown Alton building with restaurant/bar on the main level and four residential apartments above; Apartment mix includes 2 two‑bedroom and 2 one‑bedroom units; Main‑level amenities include a fenced outdoor patio and separate salon space plus restaurant/retail area with an outside patio
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