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Elevator-Served Office Suite
New
For Lease
$15 SF/Yr

307 Henry St., Alton, IL 62002

Commercial Lease, Alton, IL

Space Size800 SF
Days on Market2

Property Features for 307 Henry St.

General Information

Property type Commercial Lease
Property subtype Other
Parking features Driveway
Standard status Active
APN 23-2-07-14-08-204-016

Taxes and HOA fees

Tax Year 2022
Tax Description POPE & OTHERS ADD LOTS 1 - 3, 5, 6, & PART LOTS 4, 7, & 8
Legal Description POPE & OTHERS ADD LOTS 1 - 3, 5, 6, & PART LOTS 4, 7, & 8

Utilities

Utilities Cable Available
Heating system Electric (Heating), Forced Air, Natural Gas
Cooling system Electric, Central Air
Water source Public

Building Details

Floors in Building 4
Building materials Brick
Roof type Flat
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: Rick Lauschke
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 5:06PM
MLS# 26067554

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.

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Investment Insights

Based on property information with market context.

This third-floor office suite in the Honke Office Building measures approximately 800 square feet. The space previously served as a medical office, and the building provides elevator service across all four floors. Rent includes taxes, utilities, insurance, CAM, and light janitorial service.

The building is at the corner of 3rd and Henry Street in Alton, with entry available from the north parking lot. It is located in a HUB Zone.

Key Highlights

  • Approximately 800 square feet on the third floor
  • Elevator serves all four floors of the building
  • Rent includes taxes, utilities, insurance, CAM, and light janitorial service

Property Analytics

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Current Use

Chiropractic Centre Alternative Medicine Practice Heartland Hearing Centers ... Hearing Aid Store Studio210 Hair Salon Stephen G. Vincent Physician Marla Nelson LCPC, ... Family Counselor

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Pharmacy Storage Facility Electrical Service (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

874
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

Lease Benchmarks for Alton, IL

$13.12 /SF/Yr
Avg Asking Price
$12–$15.96 /SF/Yr
Price Range
4,005 SF
Avg Space Size

This space is priced 14% above the average of $13.12 /SF/Yr.

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 unit - Third-floor workspace in a full-service office building with elevator access and parking.
Where is this office unit located?
The property is located at 307 Henry St. Alton, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Approximately 800 square feet on the third floor; Elevator serves all four floors of the building; Rent includes taxes, utilities, insurance, CAM, and light janitorial service
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