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Two-Story Mixed-Use Building
For Sale
$220,000

2248 E Broadway, Alton, IL 62002

Commercial Sale, Alton, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market100

Property Features for 2248 E Broadway

General Information

Property type Commercial Sale
Property subtype Other
Security features Security System
Appliances Gas Cooktop, Microwave, Refrigerator
Subdivision Alton
Directions GPS
Standard status Active
APN 23-2-08-18-09-201-021
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description MC CLURE PLACCE LOT 3, 4 OF BLK 12, 50X120
Tax Annual Amount 3231
Legal Description MC CLURE PLACCE LOT 3, 4 OF BLK 12, 50X120

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Amenities

two separate entrances
2-bay detached garage
Google Nest fire/carbon detectors
new exterior LED lighting
electrical improvements

Building Details

Year built 1952
Floors in Building 2
Building materials Brick
Listing Agency: Keller Williams Marquee · Keller Williams Realty
Listed By: Yvonne Rushton · License #475.196937
Added: May 19 Changed: Aug 24 Last Checked: Aug 26 at 8:06AM
MLS# 25078882

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.

Investment Insights

Based on property information with market context.

This two-story mixed-use property at 2248 E Broadway combines commercial space with residential occupancy. The lower level contains 2,251 square feet and has two separate entrances, supporting either a single operation or division into separate areas. The upper floor includes an occupied two-bedroom apartment. The building was constructed in 1952 with brick exterior construction, a tin roof, forced-air heating, central air, and cable availability.

Recent work includes electrical improvements, exterior LED lighting, and updated Google Nest fire and carbon monoxide detectors. The property also includes a detached two-bay garage and consists of two parcels. Kitchen appliances in the apartment include a gas cooktop, microwave, and refrigerator. Located in Alton, Illinois, the property offers a combination of commercial and residential components within an established corridor along E Broadway.

Key Highlights

  • 2,251‑square‑foot commercial level with two separate entrances
  • Occupied two‑bedroom apartment on the upper floor
  • Detached two‑bay garage included

Property Analytics

Current Use

Strategic BJJ - Alton Training Center

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Spa & Massage Center Nail Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Alton #3 Shops & Services
6,899 visits/mo 0.3 miles
Dollar General Shops & Services
6,396 visits/mo 0.2 miles
Phillips 66 Shops & Services
3,580 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial property with an occupied two-bedroom apartment, flexible business space, and a detached two-bay garage.
Where is this mixed-use property located?
The property is located at 2248 E Broadway Alton, IL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 2,251‑square‑foot commercial level with two separate entrances; Occupied two‑bedroom apartment on the upper floor; Detached two‑bay garage included
More about this property
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