Three-Storefront Mixed-Use
For Sale
$365,000
215 W 3rd Street, Alton, IL 62002
As-is property combines commercial storefronts with upstairs apartment units at different stages of completion.
Property Size7,200 SF
Days on Market34
Property Features for 215 W 3rd Street
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,765
Building Details
Building Size
7,200 SF
Year Built
1880
Buildings
1
Stories
2
Listing Agency:
Landmark Realty
(618) 978-1619
Listed By:
Nicholas Schranck · License #475.194759
(618) 978-1619
Source:
Exit2newbeginningz
Added: Jul 7
Changed: Aug 7
Last Checked: Aug 8 at 12:14PM
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 Landmark Realty
Investment Insights
Based on property information with market context.
Constructed in 1880, this mixed-use building at 215 W 3rd Street includes three ground-floor storefronts. One space formerly operated as a bar and restaurant, while the other two are configured as retail storefronts. The second level contains three apartment units: one was recently occupied and is now vacant, and two require completion before use.
The property is positioned in downtown Alton near shops, restaurants, entertainment, and the Mississippi River. The City of Alton offers TIF incentives for qualifying residential improvements. The building is offered as-is, with its combination of existing commercial space and unfinished residential units providing a range of redevelopment considerations.
The property is positioned in downtown Alton near shops, restaurants, entertainment, and the Mississippi River. The City of Alton offers TIF incentives for qualifying residential improvements. The building is offered as-is, with its combination of existing commercial space and unfinished residential units providing a range of redevelopment considerations.
Key Highlights
- Three ground‑floor storefront spaces
- Three second‑floor apartment units
- One apartment was recently occupied and is now vacant
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - As-is property combines commercial storefronts with upstairs apartment units at different stages of completion.
Where is this mixed-use property located?
The property is located at 215 W 3rd Street Alton, IL.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Three ground‑floor storefront spaces; Three second‑floor apartment units; One apartment was recently occupied and is now vacant
