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IL
Alton
62002
3 Professional Dr

Property profile

3 Professional Dr Alton, IL 62002

FOR SALE

Office Spaces

Property ID

US28-0616393

10,000 SF 1.57 ac lot Built 1996

Entity Owned ~ Est. High Equity

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For Sale

Contact for pricing 10,000 SF

3 Professional Dr, Alton, IL 62002

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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 type Office Spaces

Use group OFFICE (GENERAL)

Year built 1996

Total area 10,000 SF

Lot 1.57 ac (68,400 SF)

APN 23-2-08-08-05-101-056

UPID US28-0616393

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Medical Clinic
Physician
Physician
Physician
Physician Medical Clinic

3 Professional Dr Alton, IL 62002

Alton metro Census 402000 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

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AI Approach AI

by Request

CAP Approach CAP

$1.50M

Comparable Approach Comparable

$1.39M

Blend (final) Blend

$495k

since 2025

Last sale

$1.5M

7 recorded transactions

2025

$1.5M

2020

Price N/A

2017

Price N/A

2005

$1.1M

1969

Price N/A

1969

Price N/A

1969

Price N/A

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6 recent transactions · within 1.5 mi

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