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1 Professional Drive 20120 Alton, IL 62002

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For Sale
$4,000,000

64,800 SF medical office building with investment potential.

Type:Land
Property size:
64,800 SF
Lot size:
4.30 Acres
Added:
Apr 16, 2025
Days on Market:
351
Last Refresh:
Mar 17 at 1:17 pm

Property Features for 1 Professional Drive 20120

General Information

Standard status
Active
Size
64,800 SF
Lot size
4.30 Acres
Property subtype
Land

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Listing Contact
Rick Lauschke

Listing agent Rick Lauschke License #IL

Listing office Coldwell Banker Brown Realtors

Listing date Apr 16, 2025

Source Crexi

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


Overview

Alton Medical Office Building For Sale

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.
Location Intelligence

Current Use by Public Records

Shields Family Pharmacy Pharmacy Dr. Daniel P. ... Ophthalmologist Dr. Matthew A. Thomas, ... Physician B & D Pharmacy Pharmacy Kelly J Lindsey, ... Pediatrician

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Alton
County
Madison
State
Illinois
Longitude
-90.133087
Latitude
38.904774

FAQs

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.
More about this property
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