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Renovated Creative Space With Balcony
For Lease
$4,625/Mo

309 Wall Street, Alton, IL 62002

Commercial Lease, Alton, IL

Space SizeContact for details
Lot Size0.13 Acres
Days on Market70

Property Features for 309 Wall Street

General Information

Property type Commercial Lease
Property subtype Other
Appliances Gas Water Heater, Tankless Water Heater
Subdivision Inpenitentiary
Standard status Active
APN 23-2-07-14-06-101-017
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2185

Utilities

Cooling system Central Air

Amenities

soaring ceilings
exposed architectural elements
abundant natural light
custom metal work
flexible floor plan
updated systems
multiple stall restroom facilities

Building Details

Floors in Building 1
Building materials Brick, Stone
Roof type Metal
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: Trevor Parish · License #475.205975
Added: Jun 29 Changed: Aug 19 Last Checked: Sep 6 at 5:06AM
MLS# 26036289

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 renovated creative space provides more than 5,600 square feet of open-concept commercial area at 309 Wall Street. Soaring ceilings, exposed architectural features, custom metalwork, and extensive natural light create a distinctive interior, while the balcony adds a second level overlooking the main floor. The layout is designed for flexibility and can support concepts such as boutique retail, showrooms, creative offices, event venues, fitness studios, and coworking.

The building occupies an iconic brick street in downtown Alton, surrounded by restaurants, entertainment venues, and established businesses. Improvements include updated systems, multiple-stall restrooms, central air, brick and stone construction, and a metal roof. Gas and tankless water heaters are also in place.

Key Highlights

  • More than 5,600 square feet of open‑concept commercial space
  • Renovated interior with soaring ceilings, exposed architectural elements, and custom metalwork
  • Balcony overlooks the main floor and adds functional flexibility

Property Analytics

Current Use

Creative space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Pharmacy 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

701
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Creative space - Open-concept interiors combine historic materials, updated systems, and adaptable space in downtown Alton.
Where is this creative space located?
The property is located at 309 Wall Street Alton, IL.
What is the lease rate?
The lease rate is $4,625/Mo.
What are key features of this property?
This property features: More than 5,600 square feet of open‑concept commercial space; Renovated interior with soaring ceilings, exposed architectural elements, and custom metalwork; Balcony overlooks the main floor and adds functional flexibility
More about this property
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