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Commercial Development Land
For Sale
$200,000

Alton, IL 62002, Alton, IL 62002

Commercial Sale, Alton, IL

Property SizeContact for details
Lot Size1.18 Acres
Days on Market69

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Not in a subdivision
Standard status Active
Lot size 1.18 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 510

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
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# 24048023

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 1.18-acre surveyed parcel in Alton is available for development. The site has completed a Phase 1 environmental assessment, and public water and sewer are available nearby. Cable is also listed as available.

The property sits within Alton’s corporate limits in a business park and industrial park setting. Fosterburg Road provides visibility, with I-255 and IL Route 140 nearby. Additional property is available.

Key Highlights

  • 1.18‑acre surveyed parcel ready for development
  • Commercial or multifamily residential rezoning flexibility
  • Completed Phase 1 environmental assessment

Property Analytics

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Current Use

Commercial land

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 - A surveyed parcel offers potential for commercial or multifamily residential rezoning, with public utilities nearby.
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 $200,000.
What are key features of this property?
This property features: 1.18‑acre surveyed parcel ready for development; Commercial or multifamily residential rezoning flexibility; Completed Phase 1 environmental assessment
More about this property
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