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Office Building with Detached Garage
For Sale
$225,000

2216 State Street, Alton, IL 62002

A split-entry layout offers two reception windows and multiple office areas for one business or several occupants.

Property SizeContact for details
Days on Market95

Property Features for 2216 State Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Property Use Office

Taxes and HOA fees

Annual Taxes $4,158

Building Details

Buildings 2
Stories 1
Listing Agency: Flowers Home Realty
Listed By: Marletta Flowers
Source: Flowershomerealty
Added: Jul 23 Changed: Oct 23 Last Checked: Oct 23 at 1:26PM

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.

The office building has a split-entry arrangement with two reception windows and multiple office spaces. Its layout can serve one business or be configured for several businesses under one roof. A separate garage adds a private office area and substantial storage space.

The property was previously used as a residence on one side and a medical office on the other. A return to residential use may be possible, subject to approval from the city and county.

Key Highlights

  • Split entryway with two reception windows
  • Multiple office spaces can serve one business or several businesses
  • Detached garage includes a private office area and large storage space

Property Analytics

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Current Use

Norton & Rain Insurance, ... Insurance Agency Rain Jr John ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Auto Parts Store Kitchen & Bath Showroom Plumbing 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

264
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - A split-entry layout offers two reception windows and multiple office areas for one business or several occupants.
Where is this office building located?
The property is located at 2216 State Street Alton, IL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Split entryway with two reception windows; Multiple office spaces can serve one business or several businesses; Detached garage includes a private office area and large storage space
More about this property
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