Alton Medical Office Building For
For Sale
Contact for pricing
1 Professional Drive 20120, Alton, IL 62002
64,800 SF medical office building with investment potential.
Property Size64,800 SF
Lot Size4.30 Acres
Price / SF$61.73
Days on Market492
Property Features for 1 Professional Drive 20120
General Information
Standard status
Active
Size
64,800 SF
Lot size
4.30 Acres
Property subtype
Land
Building Details
Year Built
1994
Listing Agency:
Coldwell Banker Brown Realtors
(618) 444-9182
Listed By:
Rick Lauschke · License #IL
Source:
Crexi
Added: Apr 16, 2025
Changed: Aug 14
Last Checked: Aug 14 at 7:25AM
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 Brown Realtors
Investment Insights
Based on property information with market context.
This 64,800 square foot medical office building presents an investment opportunity in a central location. The building features approximately 54,000 rentable square feet, with over half currently leased under NNN leases ranging from two to five years. The property includes two floors and a lower level. The main floor provides a common area with a lobby, bathrooms, a conference room, and two elevators servicing all three levels. Prime leasable space is available on the first floor. The lower and second levels are leased to a large St. Louis-based medical healthcare system and two other prominent medical tenants. The building's exterior is constructed of brick and glass and is situated on a 4.3-acre lot with a large asphalt parking area accommodating approximately 270 vehicles, including 10 handicap spaces. The property comprises two parcels and is zoned C2 General Commercial District, allowing for uses such as restaurants, retail stores, professional and personal services, and medical offices. Located in a business park, the property offers convenient access to major highways, including Route 3, Route 140, and College Avenue, and is near Interstates 255 and 270. Average daily vehicle counts are approximately 14,200 VPD.
Key Highlights
- Over half of the 64,800 SF building (approx. 54,000 RSF) is currently rented with 2‑5 year NNN leases, providing immediate income.
- Prime leasable space available on the first floor offers immediate opportunity for increased revenue.
- Located in a central location with easy access to major highways (Rte 3, Rte 140, College Ave) and Interstates 255 & 270.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Under-served
Demand for This Use
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 Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - 64,800 SF medical office building with investment potential.
Where is this medical office space located?
The property is located at 1 Professional Drive 20120 Alton, IL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Over half of the 64,800 SF building (approx. 54,000 RSF) is currently rented with 2‑5 year NNN leases, providing immediate income.; Prime leasable space available on the first floor offers immediate opportunity for increased revenue.; Located in a central location with easy access to major highways (Rte 3, Rte 140, College Ave) and Interstates 255 & 270.
