Mixed-Use

Alton, IL Mixed-use Properties 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
Mixed-Use Downtown Building
Updated: Jun 15
Mixed-Use Downtown Building

119 W 3rd Street, Alton, IL 62002

$699,000
0.06 AC lot
Mixed‑use downtown Alton building with restaurant/bar on the main level and four residential apartments above
Apartment mix includes 2 two‑bedroom and 2 one‑bedroom units
Main‑level amenities include a fenced outdoor patio and separate salon space plus restaurant/retail area with an outside patio
Expandable storage area on‑site that could be redeveloped into additional apartment units
Year built 1891 with brick and wood siding, plus tile, carpet, vinyl, and wood flooring
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4-Unit Mixed-Use Building
Updated: Jul 8
4-Unit Mixed-Use Building

2356 State Street, Alton, IL 62002

$225,000
0.13 AC lot
4‑unit mixed commercial building in Alton with 2 renovated apartments and 2 renovated commercial spaces
Unit 1: 2BD/1BA apartment rents for $900/month; Unit 2: 1BD/1BA apartment rents for $850/month
Commercial rents: Unit 3 $850/month and Unit 4 $650/month
Heating system replaced in 2021 with a boiler providing radiant heat throughout the building
Each unit has its own electrical service; electric water heater and public water supply
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

Duplex Style Office/Mixed-Use Building
Duplex Style Office/Mixed-Use Building

2350 Chambers Rd, Saint Louis, MO 63136

$52,000
3,500 sqft

Office or mixed-use building with multiple entrances and possibilities.

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Downtown St. Louis Investment Opportunity
Downtown St. Louis Investment Opportunity

1100 S 6th Street, St, Louis, MO 63104

$650,000
16,200 sqft 0.37 AC lot

Mixed-use building near Busch Stadium with redevelopment potential.

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Downtown St. Louis Mixed-Use Building
Downtown St. Louis Mixed-Use Building

318 N 8th St, St., Louis, MO 63101

$699,000
4,428 sqft

Rehabbed mixed-use building with restaurant and office space for sale.

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Stone-Faced Multi-Unit Property
Stone-Faced Multi-Unit Property

4122 N Kingshighway Blvd, Saint Louis, MO 63115

$150,000

Vacant multi-unit property in St. Louis, ready for renovation.

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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.

Corner Commercial Land Tract
Corner Commercial Land Tract

7735 State Route 143, Edwardsville, IL 62025

$11,340,000
84.67 AC lot

84+ acre corner parcel in the I-55 corridor with utilities available at the property line.

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Mixed-Use Conversion Land Parcel
Mixed-Use Conversion Land Parcel

3733 Blackburn Road, Edwardsville, IL 62025

$950,000
11.00 AC lot

An 11-acre land parcel with approximately 758 feet of road frontage and included as-is buildings.

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Two-Story Historic Building
Two-Story Historic Building

1907 Locust Street, St, Louis, MO 63103

$300,000
5,040 sqft 0.10 AC lot

Built in 1925, this two-story building offers approximately 5,040 sf with flexible retail, office, or multifamily redevelopment use.

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Shovel-Ready PUD Development Land
Shovel-Ready PUD Development Land

2117 Yale Avenue, St, Louis, MO 63143

$450,000
0.17 AC lot

Approved for four energy-efficient units, with commercial or residential flexibility built into one first-floor space.

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Alton, IL Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Alton, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $924,000.

Sale prices for multi use buildings in Alton, IL start at $225,000, averaging $462,000, and reaching up to $699,000 — 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

Live-work 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 $424.5K

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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