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Former School with Redevelopment Potential
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121 W Elm Street, Alton, IL 62002

Former school building suitable for redevelopment or community use.

Property Size33,150 SF
Price / SF$8.60
Days on Market786

Property Features for 121 W Elm Street

General Information

Standard status Active
Size 33,150 SF
Property subtype Industrial

Building Details

Year Built 1907
Listing Agency: Coldwell Banker Commercial Brown, Realtors Godfrey
Listed By: David Lauschke · License #IL
Source: Crexi
Added: Jun 27, 2024 Changed: Aug 8 Last Checked: Aug 20 at 6:06PM

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 Coldwell Banker Commercial Brown, Realtors Godfrey

Investment Insights

Based on property information with market context.

This former school building presents a blend of historic charm and modern adaptability. The property offers potential for visionary developers, entrepreneurs, or community leaders. The building features classic architectural elements, high ceilings, and large windows that provide natural light. The layout includes multiple classrooms, a gymnasium, an auditorium, a kitchen, and administrative offices. The property also features a spacious outdoor area suitable for recreational activities or expansion. Potential uses include loft apartments, a condominium complex, a private school, a daycare center, or a vocational training center.

Key Highlights

  • Adaptable space suitable for residential, commercial, or community use.
  • Spacious outdoor area for recreation or expansion.
  • Classic architectural features, high ceilings, and large windows.

Property Analytics

Current Use

McKinley Elementary School High School

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Kitchen & Bath Showroom Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
School - Former school building suitable for redevelopment or community use.
Where is this school located?
The property is located at 121 W Elm Street Alton, IL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Adaptable space suitable for residential, commercial, or community use.; Spacious outdoor area for recreation or expansion.; Classic architectural features, high ceilings, and large windows.
(618) 977-7912 Call to check price and availability
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