# 121 W Elm Street, Alton, IL 62002

> **TL;DR:** commercial, $285,000 ($9/sqft), built 1907, 33,150 sqft. Est. $1,235/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $285,000 |
| Price/sqft | $9 |
| Square Feet | 33,150 |
| Year Built | 1907 |
| Lot Size | 94,961 sqft (2.18 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,235 |
| **Total** | **$1,235** |

## Property Highlights

- Built in 1907
- 2.18 acre lot

## Description

### Agent Description
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

- **Address:** 121 W Elm Street, Alton, IL 62002
- **County:** Madison
- **Neighborhood:** Not in a subdivision
- **Coordinates:** 38.920375, -90.187101
- **Google Maps:** https://www.google.com/maps?q=38.920375,-90.187101

## Listing Agent

- **Name:** David Lauschke
- **Brokerage:** Coldwell Banker Brown Realtors
- **Phone:** 6189777912
- **Email:** dlauschke@cbbrownrealtors.com

## Primary Photo

![121 W Elm Street - Primary Photo](http://lh.rdcpix.com/95c1b0fa23e53075156301da8a2c53c4l-f963474518r.jpg)

*41 total photos available on [listing page](https://www.propertysimple.com/listing/121-w-elm-street-alton-il-62002-24035610)*

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**MLS#:** 24035610 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/121-w-elm-street-alton-il-62002-24035610)

---

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