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1856 E Broadway, Alton, IL, 62002

This property includes the commercial retail space, warehouse and two car garage. The one storefront is a well established restaurant and shares a common storage area. There is a long time tenant renting the warehouse on a month-to-month basis. The commercial buildings and land are included in the sale. Furniture and fixtures are not included in the sale. Potential rental income from the storefronts could be $7,500 per month or more.

Subdivision: Not in a Subdivision

List Price

$ 550,000

Status

Active

Days on market

683

MLS#

24063235

Bedrooms

0

Full baths

0

Sq. Ft. Above

7,126

Subdivision

Not in a Subdivision

Municipality

Alton

County

Madison-IL

Property Type

Commercial Sale

Transaction Type

Sale

Type

Commercial Sale

Age

47

Additional Information

Property Tax (2025)

$3,463

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 24, 2024 at $659,900
Price reduced by $109,900 (16.7%)
From $659,900 to $550,000
Current status: Active
As of Aug 24, 2026 · $550,000

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