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Multi-Office Building
For Sale
$209,900

344 W Saint Louis Avenue, East Alton, IL 62024

The flexible interior includes private offices, shared meeting space, reception, a kitchen and five restrooms.

Property Size4,658 SF
Price / SF$45.06
Days on Market276

Property Features for 344 W Saint Louis Avenue

General Information

Standard status Active
Size 4,658 SF
Total Parking Spaces 16
Property subtype Commercial

Additional Details

Road Access Yes
Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $10,062

Building Details

Building Size 4,658 SF
Year Built 1930
Buildings 1
Stories 1
Listing Agency: Flowers Home Realty
Listed By: Marletta Flowers · License #2006018112
Source: Flowershomerealty
Added: Jan 23 Changed: Oct 25 Last Checked: Oct 23 at 1:26PM

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 Flowers Home Realty

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Investment Insights

Based on property information with market context.

This 4,658-square-foot office building contains 11 offices, a conference room, reception area, kitchen and five restrooms. Two offices are rented, and those tenants have expressed interest in staying under new ownership. Recent work includes a new roof in 2022, front-office HVAC updates in 2021 and 2024, and a rear-office air conditioner and furnace installed in 2025.

The property sits at West St. Louis Avenue and Smith Street in East Alton, with a reported daily traffic count of 8,300. Two parking lots serve the building, and a storage shed is included. The site comprises two parcels, identified as 19-2-08-16-17-302-006 and 19-2-08-16-17-302-005.

Key Highlights

  • 4,658‑square‑foot office building with 11 offices
  • Conference room, reception area, kitchen and 5 restrooms
  • Two offices are rented; tenants wish to remain if terms are agreeable

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Electrical Service Kitchen & Bath Showroom

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - The flexible interior includes private offices, shared meeting space, reception, a kitchen and five restrooms.
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; Two offices are rented; tenants wish to remain if terms are agreeable
More about this property
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