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Office Building with Detached Garage

2216 State Street, Alton, IL 62002

For Sale
$225,000
Under Contract

Commercial Sale, Alton, IL

Property SizeContact for details
Lot Size0.39 Acres
Days on Market109

Property Features for 2216 State Street

General Information

Property type Commercial Sale
Property subtype Office
Subdivision Krug Jos Sub
Standard status Active Under Contract
APN 23-2-07-02-13-301-017
Lot size 0.39 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4158

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Flooring type Vinyl, Carpet
Building materials Brick
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: Nicholas Cain · License #471019359
Added: Jul 24 Changed: Oct 26 Last Checked: Nov 9 at 6:06AM
MLS# 26046734

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.

This brick office building includes a divided entry arrangement with two reception windows and multiple office areas. The configuration can support one occupant or separate businesses within the same structure. Interior finishes include vinyl and carpet flooring, with forced-air heating and central air conditioning. A detached garage adds a private office and substantial storage area. The property occupies 0.3874 acres and is served by public water. Its prior configuration included a residence on one side and a medical office on the other; conversion to residential use would require permission from the city and county.

Key Highlights

  • Brick office building with a split entry and two reception windows
  • Multiple office areas that can accommodate one business or separate occupants
  • Detached garage includes a private office and large storage area

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

Average Price Trend$/SF for Office buildings in Madison County, IL

$124 Jul
$129 Aug
$157 Sep
$139 Oct

Properties on Market for Office buildings in Madison County

Jul
Aug
Sep
Oct

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 - Brick office property with multiple workspaces and a detached garage.
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: Brick office building with a split entry and two reception windows; Multiple office areas that can accommodate one business or separate occupants; Detached garage includes a private office and large storage area
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