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Commercial Land with Existing Buildings
For Sale
$400,000

Alton, IL 62002, Alton, IL 62002

Commercial Sale, Alton, IL

Property SizeContact for details
Lot Size3.36 Acres
Days on Market69

Property Features

General Information

Property type Commercial Sale
Property subtype Retail
Subdivision Not in a subdivision
Standard status Active
Lot size 3.36 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 3049

Utilities

Utilities Electricity Available
Water source Public

Building Details

Floors in Building 1
Building materials Metal Siding
Roof type Metal
Listing Agency: Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
Listed By: David Lauschke · License #471000341
Added: Aug 3 Changed: Oct 7 Last Checked: Oct 10 at 12:06AM
MLS# 24048032

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.

The property consists of two parcels with three buildings: a 6,400-square-foot metal building and a 3,200-square-foot metal building, each with concrete floors and electricity, plus a 1,344-square-foot modular building that needs repairs. A Phase I assessment is complete and reported clean. Public utilities are on or near the site, and public water is listed among the property details.

The parcels have 429 feet of frontage and are approximately 0.5 miles from I-255 and IL Route 140. The listing indicates the property may be considered for rezoning to commercial, multifamily, or single-family use.

Key Highlights

  • Two parcels with 429 feet of frontage
  • Approximately 0.5 miles from I‑255 and IL Route 140
  • 6,400‑square‑foot metal building with concrete floor and electricity

Property Analytics

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Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

10
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Three on-site structures include two metal buildings with concrete floors and electricity.
Where is this commercial land located?
The property is located at Alton, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two parcels with 429 feet of frontage; Approximately 0.5 miles from I‑255 and IL Route 140; 6,400‑square‑foot metal building with concrete floor and electricity
More about this property
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