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121 W Elm Street, Alton, IL, 62002

This former school offers a rare blend of historic charm and modern adaptability, making it an excellent investment for visionary developers, entrepreneurs, or community leaders. Whether you're looking to create a residential haven or a community cornerstone, this property provides the perfect canvas. This building boasts classic architectural features, high ceilings, and large windows that flood the space with natural light. Multiple classrooms, a gymnasium, an auditorium, kitchen and administrative offices provide a variety of layout options. Spacious outdoor area is perfect for recreational activities or expansion. The property could be transformed into trendy loft apartments or a unique condominium complex with plenty of room for communal spaces, gardens, and outdoor recreation areas. Perfect for a private school, daycare center, or vocational training center.

Subdivision: Not in a subdivision

List Price

$ 285,000

Status

Active

Days on market

791

MLS#

24035610

Bedrooms

0

Full baths

0

Sq. Ft. Above

33,150

Subdivision

Not in a subdivision

Municipality

Alton

County

Madison-IL

Property Type

Commercial Sale

Transaction Type

Sale

Type

Commercial Sale

Age

117

Additional Information

Property Tax (23)

$15,562

Recent Nearby Sales in 62002

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
6302 Wenzel Road, Alton, IL 62002 4/3 2,726 $325,000 $340,000
104.6% of ask
Aug 10, 2026
0 Woodland Hills Drive, Alton, IL 62002 0/0 -- $60,000 $55,000
91.7% of ask
Aug 8, 2026
224 Hy Vista Drive, Alton, IL 62002 3/2 1,560 $180,000 $180,000
100% of ask
Aug 7, 2026
2114 Orchard Boulevard, Alton, IL 62002 2/1 825 $79,900 $79,900
100% of ask
Aug 6, 2026
5203 Black Oak Road, Godfrey, IL 62002 3/2 1,486 $135,000 $123,000
91.1% of ask
Aug 5, 2026
3704 Aberdeen Avenue, Alton, IL 62002 4/3 2,279 $189,000 $196,000
103.7% of ask
Aug 4, 2026

Price & Listing History

Listed for sale
Jun 10, 2024 at $285,000
Current status: Active
As of Jun 9, 2026 · $285,000

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