1 Professional Dr Alton, IL 62002

Property Details for 1 Professional Dr

Year built

1994

Lot size

2.04 lot acres

Property size

64,260 SF

Property type

Office Properties & Spaces

APN

23-2-08-08-05-101-054

APU

232080805101054

Description

This exceptional investment opportunity presents a 64,800 square foot medical office building situated on a 4.33-acre lot in Alton, Illinois. The building boasts approximately 54,000 rentable square feet, with over half currently leased under 2-5 year NNN leases to a major St. Louis-based healthcare system and two other prominent medical tenants. The two-story building, including a lower level, features a spacious lobby, restrooms, a conference room, and two elevators servicing all three levels. Significant first-floor space is available for lease, presenting immediate income potential. The exterior is attractive brick and glass construction. Ample parking is provided with approximately 270 spaces, including 10 handicap-accessible spots. The property comprises two parcels and is zoned C2 General Commercial District, allowing for diverse uses including restaurants, retail, professional services, and medical offices. Its strategic location offers easy access to major highways (Routes 3, 140, and College Avenue), and proximity to Interstates 255 and 270. The high average daily traffic count of approximately 14,200 vehicles per day further enhances its desirability. This property represents a strong investment opportunity in a thriving medical corridor. The asking price is $6,000,000.

Location Insight

City

Alton

County

Madison

State

Illinois

Longitude

-90.1316

Latitude

38.9058

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments