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Mixed-Use Building with Apartment
New
For Sale
$175,000

701 Henry Street, Alton, IL 62002

Commercial Sale, Alton, IL

Property Size5,216 SF
Lot Size0.10 Acres
Price / SF$33.55
Days on Market6

Property Features for 701 Henry Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 6
Subdivision Pope & Others Add
Directions Broadway to Henry.
Standard status Active
APN 23-2-07-11-20-403-023
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description POPE & OTHERS ADD LOT 4
Tax Annual Amount 6638
Legal Description POPE & OTHERS ADD LOT 4

Utilities

Cooling system Central Air

Amenities

ramp entrance
separate entrances

Building Details

Year built 1900
Floors in Building 2
Flooring type Tile, Wood, Carpet, Vinyl, Combination
Building materials Brick
Listing Agency: Landmark Realty
Listed By: Ginny Becker · License #475128555
Added: Sep 29 Changed: Sep 30 Last Checked: Oct 4 at 11:06AM
MLS# 26062757

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.

Built in 1900, this brick mixed-use property includes a basement, a main floor, and an upstairs apartment, each with a separate entrance. The basement also has ramp access. Interior finishes include carpet, tile, wood, and vinyl, with central air conditioning.

The 0.1047-acre property at 701 Henry Street in Alton, Illinois, has housed a DMV, a bookstore and church, and an insurance office. The upper-floor apartment provides a distinct residential component alongside the building’s other spaces.

Key Highlights

  • Separate entrances for the basement, main floor, and upstairs apartment
  • Basement access includes a ramp
  • Brick construction; built in 1900

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Electrical Service

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

904
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
McDonald's Dining
24,486 visits/mo 0.4 miles
Taco Bell Dining
5,387 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate entrances serve the basement, main floor, and upper-level apartment.
Where is this mixed-use property located?
The property is located at 701 Henry Street Alton, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Separate entrances for the basement, main floor, and upstairs apartment; Basement access includes a ramp; Brick construction; built in 1900
More about this property
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