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$175,000 Active

202 State Street, Alton, IL, 62002

0 ba
Subdivision: Penitentiary/Alton
Commercial investment opportunity in a highly visible location along State Street in Alton, just off the River Road! This multi-level building is currently occupied by a cigar shop tenant, who has the option to remain and continue renting or relocate within 60 days of closing. The second floor offers living quarters, while the partially finished third level provides additional space and potential for added income. Both upper levels present opportunities to expand the property's income potential. Whether you're looking to add to your investment portfolio or occupy the commercial space yourself, this property offers excellent visibility, flexibility, and plenty of possibilities!

Status: Active · MLS# 26071387 · Listing Courtesy of Tarrant and Harman Real Estate and Auction Co

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Facts and features

List Price

$ 175,000

Status

Active

Days on market

0

MLS#

26071387

Bedrooms

0

Full baths

0

Subdivision

Penitentiary/Alton

County

Madison-IL

Property Type

Commercial Sale

Type

Commercial Sale

Additional Information

Property Tax (2025)

$5,632

Recent Nearby Sales in 62002

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
701 Henry Street, Alton, IL 62002 0/0 -- $149,900 $105,000
70% of ask
Nov 13, 2026
3407 Leo Street, Alton, IL 62002 2/2 752 $60,000 $60,000
100% of ask
Nov 12, 2026
814 E 5th Street, Alton, IL 62002 2/1 1,378 $1,250 $1,250
100% of ask
Nov 10, 2026
2216 State Street, Alton, IL 62002 0/0 -- $225,000 $189,000
84% of ask
Nov 10, 2026
510 Summit Street, Alton, IL 62002 2/1 900 $125,000 $120,000
96% of ask
Nov 10, 2026
4305 Briarcliff Drive, Godfrey, IL 62002 3/2 1,396 $250,000 $245,000
98% of ask
Nov 9, 2026

Price & Listing History

Listed for sale at $175,000
Nov 9, 2026
Current status: Active
As of Nov 9, 2026 · $175,000

Every time this home was on the market

Prior listings, expired and canceled listings, days on market, price changes and sold prices from MARIS MLS records.

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Most MLS-recorded sales near this home

Most closed sales in the last 12 months around this address, listing side and buyer side, plus this listing agent's record.

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