Mixed-Use Building with
For Sale
$300,000
215 W 3rd Street, Alton, IL 62002
The second floor contains three apartments, including two that remain unfinished.
Property Size7,200 SF
Price / SF$41.67
Days on Market111
Property Features for 215 W 3rd Street
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Commercial
Additional Details
Mixed-Use Components
retail, residential
Multifamily Units
3
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) 466-1513
Listed By:
Nicholas Schranck · License #475194759
(618) 978-1619
Source:
Eaglerealtygroup
Added: Jul 7
Changed: Oct 23
Last Checked: Oct 23 at 3:16PM
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
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Investment Insights
Based on property information with market context.
This mixed-use property in downtown Alton combines three ground-floor storefronts with three apartments on the second floor. One apartment was occupied recently and is now vacant; the other two require completion. The commercial spaces include a former bar and restaurant alongside two additional retail spaces. Built in 1880, the building is offered in as-is condition.
The property is at 215 W 3rd Street, near downtown shops, restaurants, entertainment, and the Mississippi River. The City of Alton offers TIF incentives for qualifying residential improvements.
The property is at 215 W 3rd Street, near downtown shops, restaurants, entertainment, and the Mississippi River. The City of Alton offers TIF incentives for qualifying residential improvements.
Key Highlights
- Three ground‑floor storefront spaces
- Three second‑floor apartments; two are unfinished
- One apartment was occupied recently and is now vacant
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The second floor contains three apartments, including two that remain unfinished.
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 $300,000.
What are key features of this property?
This property features: Three ground‑floor storefront spaces; Three second‑floor apartments; two are unfinished; One apartment was occupied recently and is now vacant
