$10,000

615 Atwood Street, Alton, IL 62002

  • 16,641 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon2.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Pending
Date Added:
October 7, 2025 at 05:00AM
Listing Office:
Adams Auction & Real Estate Services Inc. : 618-234-8751
MLS ID:
25068185
  • A/C: None
  • Heating: None
  • General: Brick
  • Originating MLS: maris2
  • County: Madison
  • Topography: FlatRolling
  • Zoning: GAMBRILLS SUBD PT TR 20 & 2123-2-07-11-06-101-001.001
  • Current Use: CommercialOtherWarehouse
  • Utilities: Electricity ConnectedSewer AvailableWater Available220 Volts
  • Source: maris2
  • Ownership: Private

This listing courtesy of Adams Auction & Real Estate Services Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

West Elementary School

1513 State St, Alton, IL, 62002

Grades KG-5

0.23 miles away

A

Alton Middle School

2200 College Ave, Alton, IL, 62002

Grades 6-8

1.91 miles away

A

Alton High School

4200 Humbert Rd, Alton, IL, 62002

Grades 9-12

2.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.