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29395440
29395441

2248 E Broadway, Alton, IL 62002

YR
IL 475196937
Keller Williams Marquee
Listed by Keller Williams Marquee
$220,000
149 days on market
Updated 21 days ago

Commercial Property on E Broadway

Details
Property Type Industrial, Mixed Use (+3)
Sub Type Executive Office, Storefront (+1)
Square Footage 3,062
Net Rentable (SqFt) 1,084
Tenancy Multi
Lease Type Net
Lease Options To be negotiated, tenants (sellers) would like to continue to lease apartment for up to approx 5 years.
Price per SqFt $72
Year Renovated 1952/74
Stories 2
Acreage 0.138
Investment Type Owner/User
Ground Lease No

Industrial | 3,062 SqFt

Marketing description

Prime Commercial Building with Income-Producing Apartment – Endless Possibilities! This exceptional, all-brick commercial building offers outstanding visibility in a high-traffic retail corridor, perfect for serious investors or business owners seeking versatility and built-in value. Featuring a durable tin roof and two full stories, the upper level boasts a spacious 2-bedroom apartment already occupied with reliable tenants, meaning no need to find renters. Lease agreement can be negotiated with an accepted offer. The lower level provides 2,251 sq ft of adaptable commercial space with two separate entrances, allowing you to operate one large business or easily divide it into two. Ideal for endless uses such as lash & brow studios, tattoo artists, solo estheticians, personal trainers, counselors/therapists, boutique retail, and more. Recent updates include Google Nest fire/carbon detectors, all new exterior LED lighting, electrical improvements, and various modern upgrades throughout. Property also includes a 2-bay detached garage and two parcels, offering extra room and value. This is a rare opportunity with excellent exposure, strong curb appeal, and built-in rental income. The potential here is tremendous—perfect for the right investor or entrepreneur ready to take advantage of a thriving location!

Investment highlights

Looking for a smart investment or the perfect place to grow your business?
This all-brick commercial building at 2248 E Broadway, Alton offers multiple income streams and flexible use.

✔ Upper-level 2-bedroom apartment already leased (tenant would like to stay)
2,251 sq ft commercial space on the lower level
✔ Can be one large business or divided into two units
Separate entrances for each space
✔ Ideal for:
• Salon or beauty professionals
• Accounting or law office
• Therapists, counselors, or medical services
• Personal training or wellness studio
• Small business owners or investors

This is a high-visibility location with endless potential for owner-occupants or investors looking to offset expenses with rental income.


📞 Opportunities like this don’t last.
Message me directly or call/text today to schedule a private showing and explore the possibilities this property offers.

Listing Contacts

YR
IL 475196937
Keller Williams Marquee
Listed by Keller Williams Marquee

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Zoning

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C-5 CommercialSpecial CommercialHeavy Commercial
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View all 94 uses
View all 94 uses
Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Yvonne Rushton
License
475196937
Brokerage
Keller Williams Marquee
Brokerage Phone
6185312752
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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