2300 Henry St Alton, IL 62002-4444
- Commercial real estate
- 20,710 SF
- 5.26 lot acres
Apr 01, 2025
Current Use by Public Records
- Supportive Healing / Massage Therapist
Property Details for 2300 Henry St
- Year built
- 1968
- Lot size
- 5.26 lot acres
- Property size
- 20,710 SF
- Property type
- Commercial real estate
- APN
- 23-1-07-02-20-401-003
- APU
- 231070220401003
Description
This exceptional 40,000 square foot facility, formerly a YMCA, is currently thriving as a health and wellness club. Ideally situated in Alton, Illinois, on Henry Street, this two-story building boasts a prime location just off Highway 67, experiencing a high average daily traffic count of 11,800 vehicles. Its proximity to OSF St. Anthony's Health Center further enhances its desirability. The property features a comprehensive array of amenities, including a 25-yard, four-lane pool; a full-court basketball court with four hoops; separate men's exclusive club shower and locker rooms, and standard men's and women's locker rooms; a large weight room with a dedicated training area; six dance studios; a cardio room; a nursery; and four lighted outdoor sand volleyball courts. Indoor pickleball and volleyball are also accommodated. Substantial capital improvements totaling over $326,000 have been made between 2017 and 2023, encompassing gym updates ($50,000), a complete roof replacement ($191,000), high-efficiency boiler installations ($60,000), and HVAC unit upgrades ($25,000). The property is zoned C-2, offering flexibility for repurposing to suit a new end-user or enhancing its current health and wellness operation. The asking price is $500,000, translating to $12.50 per square foot. The property's APN is 2 3- 1 -0 7-0 2-2 0-4 0 1 -0 0 3. Built in 1968 and renovated in 2018, this property presents a unique investment opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $650,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $953,000
Market price range: $757k - $2.87M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Madison
- State
- Illinois
- Longitude
- -90.1776
- Latitude
- 38.9105
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA