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About This Home

This 0-bedroom, 0-bathroom commercial at 2248 E Broadway in Alton, IL is listed for $225,000 ($73 per sqft). Built in 1952, the home offers 3,062 sqft of living space on a 0.14 acres lot.

Agent 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!

Key Features

  • Built in 1952
  • 0.14 acre lot

Property Details

1952

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

2248 E Broadway

Alton, IL 62002

Property Details

Construction

Brick

Heating

Forced Air

Cooling

Central Air

Appliances

CooktopCooktop - GasMicrowaveRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2248 E Broadway is listed at $225,000 ($73/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.

Key features include: Built in 1952, 0.14 acre lot.

This property is listed by Yvonne Rushton and can be reached at 6183075616 or yvonnerushton@yahoo.com.

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YR

Yvonne Rushton

Agent at Keller Williams Marquee

(618) 307-5616

Listed by Keller Williams Marquee · View on Broker Site

MLS# 25078882· Source: listhub· Updated today

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2248 E Broadway, Alton, IL 62002

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