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Two-Story Mixed-Use Property
For Sale
$399,900

538 E Broadway, Alton, IL 62002

Gutted two-story structure with a new insulated TPO roof and flexible build-out potential.

Property SizeContact for details
Days on Market28

Property Features for 538 E Broadway

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $8,012
Listing Agency: RE/MAX Alliance
Listed By: Lisa Funk · License #471000228
Source: Exprealty
Added: Jul 25 Changed: Aug 20 Last Checked: Aug 21 at 12:50PM

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 RE/MAX Alliance

Investment Insights

Based on property information with market context.

Located at 538 E Broadway in Alton’s Tiff District, this two-story masonry building offers 3,354 square feet across a configuration suited to a new interior build-out. The structure has been cleared to the studs in key areas, creating a clean starting point for redevelopment rather than requiring removal of an existing finish package.

A new insulated TPO roof, full basement with concrete flooring, and new plywood subfloor on the first level are already in place. The second floor remains open to completion and is identified for mixed-use residential or additional commercial space. The property sits opposite the pedestrian bridge leading into the amphitheater, providing a defined setting within the Broadway corridor.

Key Highlights

  • 3,354‑square‑foot two‑story masonry building
  • New insulated TPO roof
  • Full basement with concrete floor

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Pharmacy Electrical Service Storage Facility (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.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Gutted two-story structure with a new insulated TPO roof and flexible build-out potential.
Where is this mixed-use property located?
The property is located at 538 E Broadway Alton, IL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 3,354‑square‑foot two‑story masonry building; New insulated TPO roof; Full basement with concrete floor
More about this property
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