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Downtown Mixed-Use Building
For Sale
$275,000

205 State Street, Alton, IL 62002

Open commercial layout with an upstairs loft, kitchenette, and bathroom for flexible business use.

Property Size4,000 SF
Days on Market124

Property Features for 205 State Street

General Information

Standard status Active
Size 4,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,694

Building Details

Building Size 4,000 SF
Year Built 1890
Buildings 1
Stories 2
Listing Agency: RE/MAX Alliance
Listed By: Laurie Moore · License #475121969
Source: Century21laclede
Added: Apr 17 Changed: Aug 14 Last Checked: Aug 17 at 9:42PM

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 RE/MAX Alliance

Investment Insights

Based on property information with market context.

This two-level mixed-use building dates to 1890 and offers an adaptable commercial configuration. The main floor is largely open, while the upper level provides a loft-style area with its own kitchenette and bathroom. Together, the spaces support a range of business, studio, office, or retail arrangements without imposing a fixed layout.

The property is located at 205 State Street in downtown Alton, Illinois. Its combination of open ground-floor space and a separately configured upper level creates a practical setup for an owner-user or operator seeking commercial space with additional work or support areas.

Key Highlights

  • Two‑level mixed‑use building constructed in 1890
  • Open main level ready for commercial buildout
  • Upper‑floor loft with open floor plan

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Pharmacy Parking Lot & Garage Kitchen & Bath Showroom Storage Facility Electrical Service

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

362
Businesses Nearby
99k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Groceries 34% Dining 18% Home Improvements & Furnishings 3%
Schnucks Groceries
33,536 visits/mo 0.3 miles
QuikTrip Shops & Services
25,916 visits/mo 0.4 miles
Hardee's Dining
9,580 visits/mo 0.3 miles
Dollar General Shops & Services
8,535 visits/mo 0.3 miles
U.S. Bank Shops & Services
5,758 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Open commercial layout with an upstairs loft, kitchenette, and bathroom for flexible business use.
Where is this mixed-use property located?
The property is located at 205 State Street Alton, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑level mixed‑use building constructed in 1890; Open main level ready for commercial buildout; Upper‑floor loft with open floor plan
More about this property
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