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Retail, Warehouse, and Garage Space
For Sale
$550,000

1856 E Broadway, Alton, IL 62002

Commercial property featuring retail, warehouse, and garage spaces for sale.

Property SizeContact for details
Days on Market154

Property Features for 1856 E Broadway

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 1977
Listing Agency: Coldwell Banker Brown Realtors
Listed By: Rick Lauschke · License #471000992
Source: Cbcworldwide
Added: Apr 1 Changed: Jul 10 Last Checked: Apr 3 at 12:18PM

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 property features a commercial retail space, a warehouse, and a two-car garage. One storefront is occupied by a well-established restaurant and includes a shared storage area. The warehouse is currently rented to a long-term tenant on a month-to-month basis. The sale includes the commercial buildings and the land. Furniture and fixtures are excluded from the sale. The potential rental income from the storefronts is estimated to be $7,500 per month or more. This property is located in Alton, Illinois.

Key Highlights

  • Includes commercial retail space, warehouse, and two‑car garage.
  • Potential rental income of $7,500 per month or more from storefronts.
  • Includes the commercial buildings and land.

Property Analytics

Current Use

Jimmy the Greeks Restaurant

Suggested Use

Top Pick Dental Office Law Firm Restaurant Spa & Massage Center Hair Salon Auto Parts Store

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

198
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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial property featuring retail, warehouse, and garage spaces for sale.
Where is this retail space located?
The property is located at 1856 E Broadway Alton, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Includes commercial retail space, warehouse, and two‑car garage.; Potential rental income of $7,500 per month or more from storefronts.; Includes the commercial buildings and land.
More about this property
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