122 Virginia St, East Alton, IL 62024
For Sale
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This exceptional commercial property located at 122 Virginia Street, East Alton, IL 62024, presents a significant investment opportunity. The property, identified by APN 19-1-08-17-16-402-001, encompasses a substantial 20,038 square foot lot and features a 1.5-story all-brick building. The building offers over 3400 square feet of usable space, including a walkout lower level, making it highly versatile. Currently zoned B-2 Commercial, this property is ideally suited for a variety of office or commercial uses. The asking price is $175,000, translating to a price per square foot of $74.37. This property is a single building, two stories in height, and presents a rare opportunity to acquire a well-located commercial space in East Alton, Illinois. The property's size and zoning make it an attractive prospect for businesses seeking a flexible and functional workspace. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.