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Downtown Mixed-Use Building

208 E Broadway, Alton, IL 62002

For Sale
$195,000

Commercial Sale, Alton, IL

Property Size12,000 SF
Lot Size0.16 Acres
Price / SF$16.25
Days on Market49

Property Features for 208 E Broadway

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Original Town/Alton
Standard status Active
APN 23-2-07-14-07-202-015
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4523

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

independently heated and cooled

Building Details

Year built 1910
Floors in Building 2
Building materials Brick
Buildings 1
Listing Agency: Landmark Realty
Listed By: Matt Horn · License IL #2023007773
Added: Sep 24 Changed: Nov 8 Last Checked: Nov 11 at 8:06PM
MLS# 26059413

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1910, this brick mixed-use building contains over 12,000 square feet arranged for varied commercial and residential use. The main level includes retail space and a warehouse area, while the second floor provides a residential apartment along with additional storage. Each level has its own heating and cooling system, with forced-air heat and central air conditioning identified for the property. The building is offered in as-is condition only.

Located in the Downtown Alton Business District, the property is positioned within a commercial setting described as experiencing high traffic. Its combination of storefront, warehouse, apartment, and storage components supports a range of potential occupancy arrangements within one building.

Key Highlights

  • Over 12,000 SQ. FT of combined commercial, residential, and storage space
  • Main level includes retail space and a warehouse area
  • Second level features a residential apartment and additional storage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sam's Pawn Shop Discount Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Pharmacy Storage Facility Locksmith

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

845
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial property combining retail, warehouse, apartment, and storage areas across independently climate-controlled levels.
Where is this mixed-use property located?
The property is located at 208 E Broadway Alton, IL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Over 12,000 SQ. FT of combined commercial, residential, and storage space; Main level includes retail space and a warehouse area; Second level features a residential apartment and additional storage
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