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119 W 3rd Street
Alton IL 62002 US

$699,000

Active Listing ID 26036927
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Lot: 0.06 Acres
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Retail

$699,000

Active Listing ID 26036927
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119 W 3rd Street 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.

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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Cooling System: Ceiling Fan(s), Central Air
  • Exterior Finish: Fencing
  • Floor Covering: Carpet, Tile, Vinyl, Wood
  • Heating Fuels: Forced Air, Natural Gas

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 699000
  • unparsedaddress: 119 W 3rd Street
  • postalcity: Alton
  • stateorprovince: IL
  • country: US
  • postalcode: 62002
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0559
  • lotsizeunits: Acres
  • lotsizearea: 0.0559
  • livingarea: 10200
  • livingareaunits: Square Feet
  • latitude: 38.890954
  • longitude: -90.187477
  • listagentfullname: Rick Lauschke
  • listagentemail: rlauschke@cbbrownrealtors.com
  • listagentkey: 3yd-MARISMO-LAUSR
  • listagentmlsid: LAUSR
  • listagentpreferredphone: 6184449182
  • listagentofficephone: 6184652966
  • listofficekey: 3yd-MARISMO-CBBR06
  • listagentstatelicense: 471.000992
  • listofficemlsid: CBBR06
  • disclaimer: 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.
  • sourcesystemid: MARISMO
  • yearbuilt: 1891
  • listagenturl: http://www.brownrealtors.com
  • countyorparish: Madison
  • parcelnumber: 23-2-07-14-06-103-012
  • cooling: Ceiling Fan(s), Central Air
  • constructionmaterials: Brick, Wood Siding
  • flooring: Carpet, Tile, Vinyl, Wood
  • heating: Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • exteriorfeatures: Fencing
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.18748, 38.890953
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker Brown Realtors", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rlauschke@cbbrownrealtors.com", "ListBrokerageCity":"Edwardsville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"amcgarr@cbbrownrealtors.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Coldwell Banker Brown Realtors", "ListBrokeragePhone":"(618) 692-7290", "ListBrokeragePostalCode":"62025", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2205 South State Route 157", "ListBrokerageWebsiteUrl":"http://www.brownrealtors.com", "ListOfficeAddress1":"117 West 3rd", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"LAUSD", "ListOfficeCity":"Alton", "ListOfficeCountry":"US", "ListOfficeEmail":"dlauschke@cbbrownrealtors.com", "ListOfficePostalCode":"62002", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Retail - Alton, IL", "ListingURL":"https://listings.listhub.net/pages/MARISMO/26036927/?channel=rexren", "MLSModificationTimestamp":"2026-06-15T19:55:38Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Retail", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16513, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/15/2026 10:04:46 PM GMT
Source Updated Date: 6/20/2026 12:30:50 PM GMT

Courtesy of: Rick Lauschke, Coldwell Banker Brown Realtors, rlauschke@cbbrownrealtors.com

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.