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Multi-Office Building with Recent Updates
For Sale
$209,900

344 W Saint Louis Avenue, East Alton, IL 62024

Corner property with a flexible professional office layout, on-site parking, and space for multiple businesses.

Property Size4,658 SF
Price / SF$45.06
Days on Market35

Property Features for 344 W Saint Louis Avenue

General Information

Standard status Active
Size 4,658 SF
Property subtype Commercial

Additional Details

Road Access Yes
Office Units 11

Taxes and HOA fees

Annual Taxes $10,062

Amenities

conference room
reception area
kitchen
restrooms
storage shed

Building Details

Building Size 4,658 SF
Year Built 1930
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Tarrant and Harman Real Estate and Auction Co
Listed By: John Hoefert · License #475.207904
Source: Nesterrealty
Added: Jul 27 Changed: Aug 29 Last Checked: Aug 29 at 8:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tarrant and Harman Real Estate and Auction Co

Investment Insights

Based on property information with market context.

Built in 1930, this 4,658-square-foot office building includes 11 offices, a conference room, reception area, kitchen, and 5 restrooms. The layout has supported law and accounting practices and can accommodate multiple businesses. Two offices are currently rented, with existing tenants interested in remaining subject to agreement with the new owner.

The property occupies the corner of West St. Louis Avenue and Smith Street in East Alton, with a reported daily traffic count of 8,300. Recent improvements include a new roof completed in 2022, a front-office A/C installed in 2021, a front-office furnace added in 2024, and a rear-office A/C and furnace installed in 2025. Two parking lots serve the building, and a storage shed is included. The property consists of two parcels.

Key Highlights

  • 4,658‑square‑foot office building with 11 offices, conference room, reception area, kitchen, and 5 restrooms
  • Corner location at West St. Louis Avenue and Smith Street with a daily traffic count of 8,300
  • Recent improvements include a 2022 roof, 2021 front‑office A/C, 2024 front‑office furnace, and 2025 rear‑office A/C and furnace

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

340
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
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Frequently Asked Questions

What type of property is this?
Office building - Corner property with a flexible professional office layout, on-site parking, and space for multiple businesses.
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: 4,658‑square‑foot office building with 11 offices, conference room, reception area, kitchen, and 5 restrooms; Corner location at West St. Louis Avenue and Smith Street with a daily traffic count of 8,300; Recent improvements include a 2022 roof, 2021 front‑office A/C, 2024 front‑office furnace, and 2025 rear‑office A/C and furnace
More about this property
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