Flex Space With Multiple
New
For Sale
$400,000
2920 Fosterburg Road, Alton, IL 62002
COMMERCIAL - Alton, IL
Property SizeContact for details
Lot Size3.36 Acres
Days on Market4
Property Features for 2920 Fosterburg Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Subdivision
Not in a subdivision
Directions
IL State Rte 140 to Fosterburg Road
Standard status
Active
APN
23-2-08-04-09-101-005
Lot size
3.36 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
Alton Commerce Park 1 Lot 5 & 6
Tax Annual Amount
3049
Legal Description
Alton Commerce Park 1 Lot 5 & 6
Utilities
Utilities
Electricity Available
Water source
Public
Building Details
Floors in Building
1
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
(618) 465-2966
Listed By:
David Lauschke · License #471000341
(618) 692-7290
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 6 at 1:06AM
MLS# 24048032
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 flex-space property comprises two parcels with three existing structures. The improvements include a 6,400-square-foot metal building and a 3,200-square-foot metal building, both with concrete floors and electric service. A separate 1,344-square-foot modular building is also present and requires repairs. Metal siding and metal roofing are featured on the property improvements.
The site is approximately 0.5 miles from I-255 and IL Rte 140, with 429 feet of frontage. Public utilities are on and near the property, with electricity available and public water identified. A Phase 1 environmental assessment is complete with clean results. The source information also indicates potential rezoning to commercial, multifamily, or single-family use.
The site is approximately 0.5 miles from I-255 and IL Rte 140, with 429 feet of frontage. Public utilities are on and near the property, with electricity available and public water identified. A Phase 1 environmental assessment is complete with clean results. The source information also indicates potential rezoning to commercial, multifamily, or single-family use.
Key Highlights
- Two parcels with approximately 429 feet of frontage
- 6,400‑square‑foot metal building with concrete floors and electric
- 3,200‑square‑foot metal building with concrete floors and electric
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two parcels combine industrial buildings, a repair-needed modular structure, utilities, and access near I-255 and IL Rte 140.
Where is this flex space located?
The property is located at 2920 Fosterburg Road Alton, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two parcels with approximately 429 feet of frontage; 6,400‑square‑foot metal building with concrete floors and electric; 3,200‑square‑foot metal building with concrete floors and electric
