Commercial Land for Sale in Alton, Illinois
121 W Elm St, Alton, IL 62002
This former school offers a rare blend of historic charm and modern adaptability, making it an excellent investment for visionary developers, entrepreneurs, or community leaders. Whether you're looking to create a residential haven or a community cornerstone, this property provides the perfect canvas. This building boasts classic architectural features, high ceilings, and large windows that flood the space with natural light. Multiple classrooms, a gymnasium, an auditorium, kitchen and administrative offices provide a variety of layout options. Spacious outdoor area is perfect for recreational activities or expansion. The property could be transformed into trendy loft apartments or a unique condominium complex with plenty of room for communal spaces, gardens, and outdoor recreation areas. Perfect for a private school, daycare center, or vocational training center.
Location
- Street address
- 121 W Elm St
- County
- Madison County
- Elevation
- 643 feet
Property details
- Acreage
- 2.18 acres
- MLS #
- MARIS 24035610
- Posted
Parcels
- 23-2-07-02-06-105-004
Legal description
MOUNIERS 2ND SUBD HAWLEY & LOWE SUBD LT 14 & 15 LT PT 14-1 THRU 7 & VAC ALLEY
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Coldwell Banker Real Estate
Exterior
- Parking
- Paved or Surfaced
- Fencing
- Fenced
- Features
- Fencing
Structure
- Heating
- Hot Water, Natural Gas
- Materials
- Block, Brick, Concrete, Glass
- Roof
- Asphalt, Shingle
Interior
- Security
- Security System, Smoke Detector(s)
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 17, 2025 | Relisted | $285,000 | — | MARIS |
| June 3, 2025 | Listing removed | $285,000 | — | Listing agent |
| June 10, 2024 | New listing | $285,000 | — | MARIS |