615 Atwood St, Alton, IL 62002

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Sold Price
$119,900
List Price
$10,000
Status
CLOSED
Days on Market
55
Closing Date
Dec 01, 2025
MLS#
25068185
Subtype
Commercial Sale
Year Built
1920
Lot Size
102,056
Acres
2.34
Subdivision
Gambrills Sub
Neighborhood
Gambrills Sub
MLS Area Major
Alton

Property Description

Price listed is Starting Bid Only. Bidding starts closing 10/30/2025 @ 3 p.m. This 16,641± square foot commercial building in the heart of Alton, Illinois, presents a compelling investment opportunity. Originally constructed in 1920 as a public school, a small engine repair shop most recently occupied the building. It currently falls under R2-Single Family zoning within the city of Alton’s authority however, a Special Use Variance could allow it to revert to commercial classification. The building sits on a generous 2.25± acre lot, fully enclosed with commercial grade fencing and a security access gate. All public utilities are available for reactivation by the new owner. While the structure is in various stages of disrepair and would require significant updates before occupancy, its location offers strong potential. The building is centrally located just minutes from downtown Alton, IL-3, and Highway 67, with nearby schools and established neighborhoods adding to its appeal. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.

Additional Information

Taxes
$606
Heating
None
Air Conditioning
None

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Listing courtesy of Adams Auction & Real Estate Services Inc.. Selling Office: Adams Auction & Real Estate Services Inc..

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