# 2248 E Broadway, Alton, IL 62002

> **TL;DR:** commercial, $225,000 ($73/sqft), built 1952, 3,062 sqft. Est. $975/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $225,000 |
| Price/sqft | $73 |
| Square Feet | 3,062 |
| Year Built | 1952 |
| Lot Size | 5,998 sqft (0.14 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $975 |
| **Total** | **$975** |

## Property Highlights

- Built in 1952
- 0.14 acre lot

## Description

### 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!

## Location

- **Address:** 2248 E Broadway, Alton, IL 62002
- **County:** Madison
- **Coordinates:** 38.888189, -90.154093
- **Google Maps:** https://www.google.com/maps?q=38.888189,-90.154093

## Listing Agent

- **Name:** Yvonne Rushton
- **Brokerage:** Keller Williams Marquee
- **Phone:** 6183075616
- **Email:** yvonnerushton@yahoo.com

## Primary Photo

![2248 E Broadway - Primary Photo](http://lh.rdcpix.com/8224ccad49c0711b4daab750148dde67l-f4074305663r.jpg)

*90 total photos available on [listing page](https://www.propertysimple.com/listing/2248-e-broadway-alton-il-62002-25078882)*

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**MLS#:** 25078882 | **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/2248-e-broadway-alton-il-62002-25078882)

---

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