Financial
Distress signals
Property profile

2510 College Ave Alton, IL 62002

FOR SALE
Other commercial real estate
Property ID
US28-1207663
3,900 SF 0.46 ac lot
Last sale Nov 2024 · $48,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Commercial property located in Alton, Illinois, configured as a two-level building and situated in a developed commercial area near retail shops, schools, a hospital, and the SIUE Dental School. The property contains approximately 3,090 square feet of building area and sits on a lot of approximately 0.0461 acres.

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?
$3k
Tax billed · 2022
Assessed value$29k
Assessed land$4k
Assessed improvement$25k
Effective rate8.77%

Value estimate

· Sep 2026
$155k
$140k – $171k

Realmo valuation models over county records and 6 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 comparables6

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 agency12.2
HVAC Service11.1
Parking Facility11.1

Location

2510 College Ave Alton, IL 62002
County assessor Recorded deeds · 1 transfer 6 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
2400 Broadway, Alton, IL 62002-1763 $150,000 May 2025 5,205 SF
901 Brown, Alton, IL 62002-2706 $72,500 May 2025 2,496 SF
2712 Cor, Alton, IL 62002-5328 $646,000 May 2025 4,800 SF
235 Ctr, Alton, IL 62002-5931 $550,000 May 2025 4,531 SF
2708 Cor, Alton, IL 62002-5328 $646,000 Feb 2025 4,800 SF
617 Broadway, Alton, IL 62002-6306 $391,500 Nov 2024 2,709 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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