Property summary
This exceptional medical office space, located at 3 Professional Dr, Alton, IL 62002, presents a unique investment opportunity. The single-story, Class B building, constructed in 1996, offers 2,080 square feet of readily available space within a multi-tenant property. Situated on a 1.57-acre lot, this property boasts convenient access and ample parking. The building features modern amenities including 24-hour access, high ceilings, air conditioning, and a fully integrated security system. The interior is comprised of spacious, partitioned offices, ideal for a variety of healthcare practices. Zoned for commercial use (APN: 23-2-08-08-05-101-056), this NNN property is leased at a competitive annual rate of $13.00 per square foot. Its strategic location offers unparalleled convenience, being a short 34-minute drive from Lambert-St. Louis International Airport. This well-maintained property provides a prime location with flexibility and accessibility, making it an ideal choice for healthcare professionals seeking a thriving market. The property is ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Physician
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Physician
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Physician
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Physician Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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