Gutted Two-Story Mixed-Use
For Sale
$399,900
538 E Broadway Street, Alton, IL 62002
LAND - Alton, IL
Property Size3,354 SF
Lot Size0.07 Acres
Price / SF$119.23
Days on Market28
Property Features for 538 E Broadway Street
General Information
Property type
Land
Property subtype
Other
Subdivision
Edwards Ninian Sub
Standard status
Active
APN
23-2-07-14-08-203-008.001
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
8012
Utilities
Utilities
Water Available
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Building materials
Brick, Concrete, Block, Wood Siding
Listing Agency:
RE/MAX Alliance · RE/MAX International
(618) 466-7100
Listed By:
Lisa Funk · License #471000228
(618) 975-6043
Added: Jul 25
Last Checked: Aug 21 at 4:06PM
MLS# 26047742
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 two-story masonry building offers 3,354 square feet and has been completely gutted, providing a clean foundation for a new build-out. A new insulated TPO roof has been installed, and the property includes a full basement with a concrete floor. The first floor has a new plywood subfloor, while the second floor is gutted to the studs and can be configured as mixed-use residential or additional commercial space.
Situated in Alton, the property is described as being on Broadway and across from a pedestrian bridge that enters an amphitheater. It is also noted as being located in the Alton TIF District.
With the existing structure and selected areas already prepped for construction, this offering is well-suited for an owner or builder planning a tailored interior build-out.
Situated in Alton, the property is described as being on Broadway and across from a pedestrian bridge that enters an amphitheater. It is also noted as being located in the Alton TIF District.
With the existing structure and selected areas already prepped for construction, this offering is well-suited for an owner or builder planning a tailored interior build-out.
Key Highlights
- Two‑story masonry structure with 3,354 SF and lot size 28 x 113
- New insulated TPO roof
- Completely gutted interior and ready for new build‑out
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
874
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-story masonry structure with new TPO roof, full basement, and floors ready for new build-out.
Where is this office building located?
The property is located at 538 E Broadway Street 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: Two‑story masonry structure with 3,354 SF and lot size 28 x 113; New insulated TPO roof; Completely gutted interior and ready for new build‑out
