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1 Professional Drive, 20120, Alton, IL, 62002

Excellent investment opportunity & great central location! Medical office building w/64,800 sf w/approx. 54,000 rsf with over 1/2 of the building rented w/2-5yr NNN leases. The building consists of 2 floors & lwr level. The main floor offers a common area including a lobby, bathrooms, conference room & 2 elevators that service all 3 levels. There is prime space available on the 1st floor for lease. The lower & 2nd level are leased to a large St. Louis based medical healthcare system & 2 other prominent medical tenants. The exterior of the building is brick & glass & sits on 4.3 acres w/ a large asphalt parking area that has approx. 270 parking spaces, w/ 10 handicap. The property has 2 parcels & is zoned C2 General Commercial Dist. Uses include restaurant, retail stores professional/personal services and medical offices. Updates in 2026 include new roof and update elevator systems. This property has easy access to major hwys (Rte 3, Rte 140 & College Ave) & close to Interstates 255 & 270. Avg. daily vehicle counts are approx. 14,200 VPD. Location: Business Park

Subdivision: Parkway Professional Plaza #1

List Price

$ 4,000,000

Status

Active

Days on market

698

MLS#

24060478

Bedrooms

0

Full baths

0

Sq. Ft. Above

64,800

Subdivision

Parkway Professional Plaza #1

County

Madison-IL

Property Type

Commercial Sale

Transaction Type

Sale

Type

Commercial Sale

Age

31

Additional Information

Property Tax (2023)

$140,590

Recent Nearby Sales in 62002

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
5212 Wick Way Drive, Alton, IL 62002 3/2 1,170 $205,000 $205,000
100% of ask
Sep 4, 2026
3208 Batson Drive, Alton, IL 62002 0/0 1,072 $98,500 $87,500
88.8% of ask
Sep 3, 2026
48 E Woodfield Drive, Alton, IL 62002 0/0 -- $40,000 $40,000
100% of ask
Sep 2, 2026
3501 Bloomer Drive, Alton, IL 62002 4/2 932 $110,000 $110,000
100% of ask
Sep 1, 2026
3219 Duco Street, Alton, IL 62002 2/1 625 $59,000 $55,000
93.2% of ask
Aug 31, 2026
1238 Brown Street, Alton, IL 62002 0/0 2,442 $165,000 $155,000
93.9% of ask
Aug 31, 2026

Price & Listing History

Listed for sale
Oct 7, 2024 at $6,000,000
Price reduced by $2,000,000 (33.3%)
From $6,000,000 to $4,000,000
Current status: Active
As of Aug 22, 2026 · $4,000,000

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