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Updated Multi-Office Building
For Sale
$209,900

344 W Saint Louis Avenue, East Alton, IL 62024

Commercial Sale, East Alton, IL

Property Size4,658 SF
Lot Size0.40 Acres
Price / SF$45.06
Days on Market85

Property Features for 344 W Saint Louis Avenue

General Information

Property type Commercial Sale
Property subtype Other
Parking 16
Subdivision Smiths Geo F Third Add
Standard status Active
APN 19-2-08-16-17-302-006
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10062

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air, Electric

Building Details

Year built 1930
Floors in Building 1
Flooring type Tile - Ceramic, Carpet, Vinyl
Building materials Block, Brick
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: John Hoefert · License #475.207904
Added: Jun 16 Changed: Sep 4 Last Checked: Sep 8 at 9:06AM
MLS# 26004189

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 1930 office building is configured with 11 offices, a conference room, reception area, kitchen, and 5 restrooms. The property has served as a law office and accounting firm, and two offices are currently rented with existing tenants interested in remaining subject to agreement with the new owner. Interior finishes include vinyl, ceramic tile, and carpet, with natural-gas forced-air heating and central electric air conditioning.

Located at the corner of West St. Louis Avenue and Smith Street, the property records a daily traffic count of 8,300. Recent improvements include a rear office air conditioner and furnace installed in 2025, a front office furnace installed in 2024, air conditioning updated in 2021, and a new roof completed in 2022. Two sealed parking lots and a storage shed are included, and the property consists of two parcel IDs.

Key Highlights

  • 11 offices, conference room, reception area, kitchen, and 5 restrooms
  • Daily traffic count of 8,300 at West St. Louis Avenue and Smith Street
  • Rear office A/C and furnace installed in 2025; front office furnace installed in 2024

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Kitchen & Bath Showroom Skin Care Clinic Hair Salon

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

11
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

332
Businesses Nearby

Demographics for 62024, IL

9,337
Population
4,719
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
1,729
Density / Sq Mi
$60,775
Median Household Income
$43,330
Median Earnings
$851
Median Rent
$112,500
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office configuration with recent mechanical and roof improvements, multiple restrooms, parking, and a storage shed.
Where is this office building located?
The property is located at 344 W Saint Louis Avenue East Alton, IL.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: 11 offices, conference room, reception area, kitchen, and 5 restrooms; Daily traffic count of 8,300 at West St. Louis Avenue and Smith Street; Rear office A/C and furnace installed in 2025; front office furnace installed in 2024
More about this property
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