Financial
Distress signals
Property profile

1117 Milton Rd Alton, IL 62002

OFF-MARKET
Other commercial real estate
Property ID
US28-2087656
1,980 SF 0.16 ac lot Built 1974
Last sale Mar 2026 · $89,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial building is zoned C-2 and has historically been used as a small mechanics and car enthusiast workshop. The front portion features two 12-foot garage doors and a 14-foot ceiling over an open work area measuring approximately 35 by 28 feet, which connects to a second open space measuring approximately 35 by 25 feet with a 10-foot ceiling. The front space includes a vehicle lift that remains with the property; the lift is not currently functional. The building totals approximately

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value$19k
Assessed land$6k
Assessed improvement$13k
Effective rate8.77%

Value estimate

· Sep 2026
$50k
$45k – $55k
AI approach$50k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$77/SF
ZIP average, outlier-cleaned · 138 recorded sales of this use type
Observed band · Q1–Q3$37 – $139
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.8
Parking Facility10.6
Nail Salon10.1

Location

1117 Milton Rd Alton, IL 62002-3153
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2004 State, Alton, IL 62002-3371 $100,000 Dec 2025 2,348 SF
4 4th, Alton, IL 62002 $839,000 Jul 2025 1,950 SF
901 Brown, Alton, IL 62002-2706 $72,500 May 2025 2,496 SF
617 Broadway, Alton, IL 62002-6306 $391,500 Nov 2024 2,709 SF
2775 Broadway, Alton, IL 62002-1859 $150,000 Nov 2024 1,372 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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