Improved Commercial Land for Sale in Alton, Illinois
1 Professional Dr, Alton, IL 62002
Excellent investment opportunity & great central location! Medical office building w/64,800 sf w/approx. 54,000 rsf with over 1/2 of the building rented w/2-5yr NNN leases. The building consists of 2 floors & lwr level. The main floor offers a common area including a lobby, bathrooms, conference room & 2 elevators that service all 3 levels. There is prime space available on the 1st floor for lease. The lower & 2nd level are leased to a large St. Louis based medical healthcare system & 2 other prominent medical tenants. The exterior of the building is brick & glass & sits on 4.3 acres w/ a large asphalt parking area that has approx. 270 parking spaces, w/ 10 handicap. The property has 2 parcels & is zoned C2 General Commercial Dist. Uses include restaurant, retail stores professional/personal services and medical offices. This property has easy access to major hwys (Rte 3, Rte 140 & College Ave) & close to Interstates 255 & 270. Avg. daily vehicle counts are approx. 14,200 VPD. Location: Business Park
Location
- Street address
- 1 Professional Dr, Unit : 20120
- County
- Madison County
- Community
- Parkway Professional Plaza #1
- Elevation
- 479 feet
Directions
Route 3 North to Route 140(west) to Professional Drive and building is second on the right.
Property details
- Acreage
- 4.33 acres
- MLS #
- MARIS 24060478
- Posted
Property taxes
- 2023
- $140,590
Parcels
- 23-2-08-08-05-101-054
Legal description
Parkway Professional Plaza Addn. No 1 Lot 3
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Unimproved Land
- Franchise
- Coldwell Banker Real Estate
Exterior
- Parking
- Paved or Surfaced
Structure
- Heating
- Electric, Forced Air, Natural Gas
- Cooling
- Central Air
- Materials
- Brick
- Roof
- Flat
Interior
- Security
- Security System, Smoke Detector(s)
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 7, 2025 | Price drop | $4,000,000 | $2,000,000 -33.3% | MARIS |
| Apr 8, 2025 | Back on market | $6,000,000 | — | MARIS |
| Apr 5, 2025 | Under contract | $6,000,000 | — | MARIS |
| Oct 8, 2024 | New listing | $6,000,000 | — | MARIS |