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Commercial Land Development Site
For Sale
$200,000

2910 Fosterburg Road, Alton, IL 62002

Commercial Sale, Alton, IL

Property SizeContact for details
Lot Size1.18 Acres
Days on Market23

Property Features for 2910 Fosterburg Road

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Not in a subdivision
Directions Il Rte 140 to Fosterburg Rd.
Standard status Active
APN 23-2-08-04-09-101-004
Lot size 1.18 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Alton Commerce Park 1 Lot 4
Tax Annual Amount 510
Legal Description Alton Commerce Park 1 Lot 4

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: David Lauschke · License #471000341
Added: Aug 3 Changed: Aug 24 Last Checked: Aug 25 at 10:06AM
MLS# 24048023

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 1.18-acre commercial land parcel is surveyed and positioned for future development. The property lies within Alton’s corporate limits and offers visibility along Fosterburg Road. Public water and public sewer are available, with cable service also identified for the site. A completed Phase 1 environmental study provides additional due diligence for prospective users.

The parcel is located near I-255 and IL Rte 140 within a business park and industrial park setting. The property information identifies potential flexibility for rezoning to commercial or multifamily residential use. Additional property is available, offering a larger land configuration for consideration.

Key Highlights

  • 1.18‑acre surveyed commercial land parcel
  • Visible location along Fosterburg Road
  • Near I‑255 and IL Rte 140

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Pharmacy Storage Facility Garden Center Grocery & Convenience Store

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

49
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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Surveyed development parcel with road visibility, public water and sewer, and potential for commercial or multifamily rezoning.
Where is this commercial land located?
The property is located at 2910 Fosterburg Road Alton, IL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1.18‑acre surveyed commercial land parcel; Visible location along Fosterburg Road; Near I‑255 and IL Rte 140
More about this property
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