215 W 3rd Street, Alton, IL 62002
Godfrey & Gilmans Add · Madison County
Key Facts
Description
Mixed-use commercial building located in the heart of downtown Alton. Comprised of three storefront spaces, including a former bar/restaurant and two additional retail storefronts. The second floor features three apartment units—one recently occupied and now vacant, plus two units ready to be completed. The City of Alton offers TIF incentives for qualifying residential improvements, creating additional redevelopment potential. Conveniently located near downtown shops, restaurants, entertainment, and the Mississippi River. Property is being sold as-is and offers a great opportunity for investors, business owners, or developers looking to add value.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1880
Stories
2
Living Area
7,200 sq ft
Lot Size
0.13 acres
MLS® Listing#
26043229
Property Features
Cooling
Heating
Construction
Financial Details
Annual Taxes
$6,765
Tax year 2024
Parcel Number
23-2-07-14-06-103-017
Affordability Calculator
$73,000
Estimated monthly payment
$1,943/mo
Principal $292,000 · Est. interest $407,366 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Alton, IL
- 50
- Median Days on Market
- 1,439
- Median Sq Ft
- $101
- Median Price / Sq Ft
- 106
- Active Listings
- Its price per sq ft is 50% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Alton, IL.
Location
Getting Around
Points of Interest in Alton, IL
Showing the Alton area map.
Nearby Schools
Marquette Catholic High School
Secondary · 0.3 mi away
St Peter & Paul Elementary School
Elementary · 0.3 mi away
Alton Community Unit School District
School · 0.5 mi away
St Mary School
School · 0.5 mi away
West Elementary School
Elementary · 1.1 mi away
Lovejoy Elementary School
Elementary · 1.5 mi away
Eunice Smith Elementary School
Elementary · 1.5 mi away
Head Start
School · 1.6 mi away
East Elementary School
Elementary · 2.0 mi away
Alton Middle School
Secondary · 2.0 mi away
Motivational Achievemnt Center
School · 2.4 mi away
St. Ambrose Catholic Church
School · 2.6 mi away
Mississippi Valley Christian School
School · 2.6 mi away
Evangelical Elementary School
Elementary · 2.6 mi away
St Mary's Middle School
School · 3.0 mi away
Mark Twain School
School · 3.1 mi away
Gilson Brown Elementary School
Elementary · 3.2 mi away
Alton High School
Secondary · 3.4 mi away
Alternative School
School · 3.4 mi away
North Elementary School
Elementary · 3.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 205 State Street, Alton, IL | $275,000 | — | — | 4,000 |
| 720 Henry Street, Alton, IL | $275,000 | — | — | 20,000 |
| 720 Henry Street, Alton, IL | $275,000 | 2 | 8 | 10,000 |
| 121 W Elm Street, Alton, IL | $285,000 | — | — | 33,150 |
| 4365 Alby Street, Alton, IL | $300,000 | — | — | 7,340 |
| 269 Westwood Place, East Alton, IL | $300,000 | 4 | 3 | 2,504 |
Moving Cost Estimate
EXIT Agents in Alton
Listing Courtesy: Landmark Realty - 6184661513
Presented by: Nicholas Schranck