Commercial for Sale: 119 W 3rd Street, Alton, IL 62002

$699,000
$699,000
119 W 3rd Street, Alton, IL 62002
$699,000
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Price:
$699,000

Type Commercial
Lot Size 0.06 acres
Year Built 1891
Taxes Paid $16,513

City Alton
County Madison
Subdivision Godfrey & Gilmans Add

MLS 26036927
Status Active
DOM 85 days
Excellent investment opportunity to own a mixed-use commercial property in the heart of downtown Alton's entertainment district, just blocks from the Mississippi River. This income producing building features a restaurant and bar on the main level, complete with a fenced outdoor patio perfect for dining, entertainment, and special events. The upper levels include four residential apartments(2-two bedroom and 2-one bedroom apartments), providing consistent rental income. An expansive storage area offers great potential for redevelopment into additional apartment units, creating upside for future cash flow. Also located on the main level is a salon space and restaurant/retail area with outside patio, adding additional income streams and enhancing the property's diverse investment income mix. With its combination of commercial, residential, and redevelopment potential, this unique property offers a rare chance to invest in one of Alton's desirable downtown locations.

Lot & Building Features

Construction Wood Siding, Other, Brick
Cooling Ceiling Fan(s), Central Air
Heating Natural Gas, Forced Air
Parking Description Asphalt, Alley Access, On Street
Tax Year 2024
Taxes Paid $16,513
Water Public

Price History of 119 W 3rd Street, Alton, IL

Date Name Price Difference
06/15/2026 Listing Price $699,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 119 W 3rd Street, Alton, IL

Location Map Street View
Photo of Roy Doskal, SRES
Roy Doskal, SRES
Owner/Broker
Direct: 314-709-2456
Office
7 Weldon Spring Heights
Weldon Spring, MO 63304
314-709-2456
Listed by Coldwell Banker Brown Realtors, Rick Lauschke
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20%
2.3623748211731%
6.75%
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Principal & Interest
Monthly Taxes
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119 W 3rd Street (MLS #26036927) is a commercial listing located in Alton, IL. This is a commercial listing with a lot of 2,435 sqft (or 0.06 acres). This property was listed on 06/15/2026 and has been priced for sale at $699,000.

Nearby zip codes are 62010, 62024, 62035, 63138 and 63386. This property neighbors other cities such as East Alton, Godfrey, St Louis, West Alton and Wood River.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Coldwell Banker Brown Realtors

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Maris

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