845 Danforth St Alton, IL 62002
- Commercial real estate
- 26.00 lot acres
Current Use by Public Records
- Nunemaker LLC / Air Conditioning Store
Property Details for 845 Danforth St
- Lot size
- 26.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property in Alton, Illinois presents a unique investment opportunity encompassing 26 acres of largely level to gently rolling land. The property is conveniently located and includes two parcels: 23-2-07-10-08-201-026.001 and 23-2-07-10-08-201-003. The land has already been platted, simplifying future development plans. In addition to the expansive acreage, the property features a substantial 35,000 square foot building, previously utilized as the Ursuline Convent. This three-story structure boasts a diverse layout including a chapel, classrooms, dorm rooms, gathering areas, and a fully equipped kitchen. Further enhancing the property's versatility are several ancillary buildings: a garage, laundry facility, boiler building, and a smaller residential structure. The property's size, existing infrastructure, and prime Alton location offer significant potential for a variety of commercial ventures. This is a rare opportunity to acquire a substantial property with considerable development potential in a desirable location. The asking price is $775,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alton
- County
- Madison-IL
- State
- Illinois
- Longitude
- -90.19788
- Latitude
- 38.9068
