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    Alton, IL
    Medical Premises

    Alton, IL Medical Office Space for Sale

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    Godfrey, IL East Alton, IL Wood River, IL Bethalto, IL Roxana, IL Cottage Hills, IL Hartford, IL Saint Louis, MO
    Single-Story Medical Office Building
    Updated: Jun 29
    Single-Story Medical Office Building

    3505 College Ave, Alton, IL 62002

    $675,000
    3,600 sqft
    One‑story commercial building divided into two spaces; both are currently occupied
    Nearly 3,600 sq ft of finished interior space
    Large parking lot included
    Convenient access from College Avenue, near Homer Adams Pkwy and I‑255
    Newer HVAC system
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    This listing looks promising.

    Here's a quick look at some key insights for

    3505 College Ave, Alton, IL

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $57K
      Annual

    • Mortgage

      $192K
      Sep 2018

    • Last Sold

      Apr 2005
      $555K

    • Property Type

      Commercial Office (General)
      Built 2000
    View Property Analytics
    Medical Office Building on 4 Acres
    Updated: Jan 21
    Medical Office Building on 4 Acres

    1 Professional Drive, Alton, IL 62002

    $4,000,000
    64,800 sqft 4.33 AC lot
    64,800 SF medical office building on 4.3 acres with ~54,000 RSF
    Over 1/2 of the building is rented; lower level and 2nd level leased under ~2–5 yr NNN leases
    Two‑floor building with lower level; main floor includes lobby, bathrooms, conference room, and 2 elevators serving all levels
    Brick‑and‑glass exterior with large asphalt parking area for ~270 spaces including 10 handicap spaces
    Zoned C2 General Commercial Dist.; uses include medical offices, professional/personal services, retail, and restaurant
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    Two-Story Retail/Medical Office
    Two-Story Retail/Medical Office

    2375 Homer M Adams Pkwy, Alton, IL 62002

    Contact for pricing

    Two-story retail/office/medical building with paved parking lot and open interior prepared for new finishes.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Alton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Office Building with Vaulted Rooms
    Office Building with Vaulted Rooms

    203 S 6th Street, Wood River, IL 62095

    $399,900
    8,000 sqft

    Multi-level office space with patient rooms, enclosed vault rooms, and 26+ parking spaces plus covered rear parking.

    View details
    Dentist Office in Brick Building
    Dentist Office in Brick Building

    2161 Pontoon Road, Granite City, IL 62040

    $185,000
    0.46 AC lot

    Well-maintained brick office with three dental stations, dual HVAC, and six dedicated parking spaces.

    View details
    Office Building with Patient Rooms
    Office Building with Patient Rooms

    203 S 6th St, Wood River, IL 62095

    $399,900
    8,000 sqft

    Configured for medical or professional use with main-level exam/offices, enclosed vault rooms, and 26+ parking spaces.

    View details
    Single-Story Office Building
    Single-Story Office Building

    3307 Wabash Avenue, Granite City, IL 62040

    Contact for pricing

    Single-story office building with common waiting area, separate side entrances, and 27 parking spaces plus an additional lot.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Building Lot with Highway Access
    Commercial Building Lot with Highway Access

    2 Cedric Station, Cedar Hill, MO 63016

    $291,740
    0.80 AC lot

    Build-to-suit commercial site near Highway 30, offering convenient access and visibility for retail, restaurant, or medical use.

    View details
    Springfield Commercial Land Opportunity
    Springfield Commercial Land Opportunity

    W WABASH Avenue, Springfield, IL 62711

    $7,900,000
    28.79 AC lot

    28+ acres of commercial land ready for development.

    View details
    Glen Avenue Commercial Development Opportunity
    Glen Avenue Commercial Development Opportunity

    1105 W Glen Ave, Peoria, IL 61614

    Contact for pricing
    0.80 AC lot

    Prime commercial land for development in Peoria's retail corridor.

    View details
    Commercial Development Land Site
    Commercial Development Land Site

    103 Grove Estates, Sikeston, MO 63801

    $144,000
    1.01 AC lot

    Commercially zoned tract with Highway 61 frontage for office, medical, and professional services near Sikeston residential areas.

    View details

    Alton, IL Medical Office Space Market Trends and Statistics

    Explore 3 medical office space for sale in Alton, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 68,400 square feet of properties for sale, with an estimated market value of $4,675,000.

    Sale prices for medical spaces in Alton, IL start at $675,000, averaging $2,337,500, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 22
    Medical Office Space 9
    Office buildings 9
    Coworking space 2
    Creative space 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) -3.3%
    Median Household Income $57,851
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

    Identify Alton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62002 $4M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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