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Renovated Four-Unit Mixed-Use Building
For Sale
$225,000

2356 State Street, Alton, IL 62002

Commercial Sale, Alton, IL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market61

Property Features for 2356 State Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Appliances Electric Water Heater
Subdivision Mouniers First Add
Standard status Active
APN 23-2-07-02-09-102-013
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4841

Utilities

Heating system Electric (Heating)
Cooling system Window Unit(s), Central Air, Wall/Window Unit(s), Electric
Water source Public

Amenities

laundry
storage
fire alarm system
off-street parking

Building Details

Year built 1942
Building materials Brick
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: Jason Jackson · License #475187519
Added: Jul 8 Changed: Sep 4 Last Checked: Sep 6 at 5:06AM
MLS# 26043299

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 brick mixed-use property contains four units, including two renovated apartments and two renovated commercial spaces. The apartments offer a two-bedroom, one-bath layout and a one-bedroom, one-bath layout, while laundry and storage are available on the property. Each unit has separate electrical service, and the building includes a whole-property fire alarm system.

Built in 1942 on 0.1267 acres, the property is located at 2356 State Street in Alton, Illinois. Off-street parking, public water, electric water heating, and window or wall/window cooling are included among the documented features. The building also has central air listed among its cooling systems.

Key Highlights

  • Four‑unit mixed‑use building with 2 renovated apartments and 2 renovated commercial spaces
  • Apartment layouts include 2 bedrooms and 1 bath, plus 1 bedroom and 1 bath
  • Each unit has its own electrical service

Property Analytics

Current Use

Mandrell Agency Inc Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Bakery 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.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

362
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick property combines renovated apartments and commercial suites with individual electrical service, storage, laundry, and off-street parking.
Where is this mixed-use property located?
The property is located at 2356 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: Four‑unit mixed‑use building with 2 renovated apartments and 2 renovated commercial spaces; Apartment layouts include 2 bedrooms and 1 bath, plus 1 bedroom and 1 bath; Each unit has its own electrical service
More about this property
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