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    Roxana, IL East Alton, IL Hartford, IL Alton, IL Cottage Hills, IL South Roxana, IL Bethalto, IL Edwardsville, IL
    Free-Standing Brick Office Building
    Updated: Jul 22
    Free-Standing Brick Office Building

    263 Madison Avenue, Wood River, IL 62095

    $350,000
    1,563 sqft 0.60 AC lot
    0.6‑acre corner lot with a free‑standing full brick office building
    1,563 SF building with office space and meeting room(s)
    Lower level is partially finished for additional space
    Outbuilding can serve as a workshop or extra storage
    Heating: forced air; cooling: gas (cooling) with central air
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    263 Madison Avenue, Wood River, IL 62095

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $354K
      Above asking

    • Property Type

      Commercial (General)
      Built 1996
    View Property Analytics
    Freestanding Office and Meeting Building
    Updated: Sep 9, 2025
    Freestanding Office and Meeting Building

    263 E Madison Ave, Wood River, IL 62095

    Contact for pricing
    1,563 sqft 0.50 AC lot
    Full‑brick, free‑standing building on a 1/2‑acre corner lot
    Includes office space and meeting room(s)
    Partially finished lower level provides additional room
    On‑site outbuilding for workshop use or extra storage
    Currently used as a meeting hall and office space
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Wood River, 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.

    Medical Office Building with Parking
    Medical Office Building with Parking

    1 Professional Drive, Alton, IL 62002

    $4,000,000
    64,800 sqft 4.33 AC lot

    Three-level medical office property with shared amenities, elevator service, leased medical space, and additional first-floor availability.

    View details
    One-Story Office Building
    One-Story Office Building

    3505 College Avenue, Alton, IL 62002

    $675,000
    0.57 AC lot

    One-story office building is split into two occupied spaces with newer HVAC and a large parking lot.

    View details
    Office Building on Busy Corner
    Office Building on Busy Corner

    344 W Saint Louis Avenue, East Alton, IL 62024

    $209,900
    0.40 AC lot

    Commercial office building on a high-traffic corner with multiple offices, conference room, and recent HVAC and roof updates.

    View details
    Brick Office Building with Conference Room
    Brick Office Building with Conference Room

    2 Terminal Dr Ste 13, East Alton, IL 62024

    Contact for pricing
    2,400 sqft

    Move-in ready brick office building with nine offices, a large conference room, and parking in front and side lots.

    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.

    Medical Office Building with Vault Rooms
    Medical Office Building with Vault Rooms

    203 S 6th Street, Wood River, IL 62095

    $399,900
    8,000 sqft

    Brick medical office building on a corner with 26+ parking spaces and multiple enclosed rooms with vault door.

    View details
    Commercial Land on Major Road
    Commercial Land on Major Road

    560 Lewis and Clark Boulevard, East Alton, IL 62024

    $150,000
    2.68 AC lot

    Commercial-zoned 2.68-acre parcel on Lewis and Clark Blvd with approximately 20,000 vehicles per day exposure.

    View details
    Commercial Land with Intersection Access
    Commercial Land with Intersection Access

    NE New Poag Road - Lot 6, Edwardsville, IL 62025

    $554,083
    1.59 AC lot

    Commercial land offering wide-area views and planned access at a lighted four-way intersection for retail or office use.

    View details
    Commercial Land Parcel with Lighted Access
    Commercial Land Parcel with Lighted Access

    NE New Poag Road - Lot 2, Edwardsville, IL 62025

    $658,624
    1.89 AC lot

    Views overlooking the American Bottoms with access to a 4-way lighted intersection for retail or office development.

    View details

    Wood River, IL Office Buildings Market Trends and Statistics

    Explore 2 office buildings for sale in Wood River, IL on our real estate platform. These investment opportunities span a total of 3,126 square feet of properties for sale, with an estimated market value of $350,000.

    Sale prices for office properties in Wood River, IL average $350,000 — 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 5
    Medical Office Space 2
    Office buildings 2

    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.1%
    Median Household Income $66,641
    College Educated 22.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62095 $350K

    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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