Alton, Illinois Commercial Real Estate 17 Listings

Alton, Illinois: A Premier Destination for Commercial Real Estate

Introduction

Alton, Illinois, located on the Mississippi River, offers a strategic location for commercial real estate (CRE) investment. With a population of approximately 27,000, the city serves as a key economic hub in the Greater St. Louis Metropolitan Area. Alton's diverse economy is bolstered by sectors such as healthcare, manufacturing, and logistics, making it an attractive destination for various CRE asset classes.

Economic and Industry Overview

Alton's economy is driven by a blend of manufacturing, healthcare, and logistics industries. The presence of major healthcare institutions and manufacturing facilities creates a steady demand for office and industrial properties. The city's economic growth is supported by Illinois Department of Commerce & Economic Opportunity initiatives aimed at fostering business development and investment.

Strategic Location and Transportation Infrastructure

Alton's strategic position near major transportation routes enhances its appeal to commercial real estate investors. Key infrastructure includes:

Highways: Proximity to I-255 and I-270, providing seamless connectivity to St. Louis and beyond.
Airports: Close to St. Louis Lambert International Airport, facilitating business travel and cargo operations.
Rail Lines: Served by Amtrak, offering passenger services and freight capabilities.
River Ports: Located along the Mississippi River, providing significant logistical advantages for distribution.

For more details on transportation infrastructure, visit the Illinois Department of Transportation.

Commercial Real Estate Inventory & Zoning

Alton's CRE market is comprised of several submarkets, each with unique opportunities:

CBD: The central business district offers a mix of office and retail spaces.
Industrial Corridors: Areas designated for manufacturing and logistics facilities.
Innovation Districts: Zones promoting technology and research-based enterprises.

The city supports development through zoning incentives and overlays. For zoning maps and parcel viewers, visit Alton’s City Planning and Zoning.

Major Employers and Institutions

Alton hosts a variety of major employers and institutions that drive CRE demand:

OSF Saint Anthony's Health Center: A leading healthcare provider.
Illinois American Water: Key utility company with significant local presence.
Lewis and Clark Community College: An educational institution contributing to a skilled workforce.

For a detailed list of employers, check Alton's business directory.

Notable Commercial Developments & Projects

Alton is witnessing several large-scale developments:

Riverfront Redevelopment Project: A mixed-use development integrating retail, office, and residential spaces.
Opportunity Zones: Areas designated for economic revitalization through tax incentives.

For more information, explore Alton's Planning Department.

Building Permits, Planning, and Development Tools

Access essential planning and development resources through the following links:

Market Data & Economic Reports

Leverage public data sets for informed CRE decisions:

U.S. Census Bureau
Alton's Open Data Portal

Brevitas employs AI-powered aggregation from public data and internal insights, providing comprehensive market dashboards. Explore Brevitas-powered dashboards for Alton, Illinois.