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Storefront with Upper-Level Loft
For Sale
$240,000

205 State Street, Alton, IL 62002

An open ground-floor layout is paired with an upstairs loft featuring a kitchenette and bathroom.

Property Size4,000 SF
Price / SF$60
Days on Market192

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: Flowers Home Realty
Listed By: Marletta Flowers · License #2006018112
Source: Flowershomerealty
Added: Apr 17 Changed: Oct 23 Last Checked: Oct 23 at 4:18PM

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 Flowers Home Realty

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Investment Insights

Based on property information with market context.

This 4,000-square-foot storefront at 205 State Street in Alton has an open main level and a second-floor loft with an open plan, kitchenette, and bathroom. Built in 1890, the property is located in downtown Alton.

Key Highlights

  • 4,000‑square‑foot storefront
  • Open main‑level layout
  • Upper‑level loft with kitchenette and bathroom

Property Analytics

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Current Use

Storefront properties

Suggested Use

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

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

690
Businesses Nearby
3k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 100%
Morrison's Irish Pub Dining
2,177 visits/mo 0.1 miles
Ragin Cajun Dining
814 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

Similar Off Market Nearby

  • Kinzel flower shop — 723 e 5th st, alton, il 62002
  • Kinzels Flower Shop — 723 E 5th St, Alton, IL 62002

Frequently Asked Questions

What type of property is this?
Storefront property - An open ground-floor layout is paired with an upstairs loft featuring a kitchenette and bathroom.
Where is this storefront property located?
The property is located at 205 State Street Alton, IL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 4,000‑square‑foot storefront; Open main‑level layout; Upper‑level loft with kitchenette and bathroom
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