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Legacy Realty & Auction, LLC

324 A. W. Bethalto Blvd.
Bethalto, IL 62010
(618) 717-0800
(618) 692-5000
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Listing 20 out of 434
$398,000 For Sale

400 East Broadway East
Alton, IL 62002

6,213 sq ft;
lot: 16988 sq ft lot
Commercial: Commercial - MLS# 19006046
Property Photo


Tenants reimburse owner for gas/electric, real estate taxes, insurance and trash. Tenants pay water direct. Building has been very well maintained. Also includes an upper parking lot for employee parking(23-2-07-14-08-202-012). Property is located in the TIF district.


  • Property Type: Commercial
  • Sub Type: Commercial
  • Listing Status: Active
  • County/Area: Madison County
  • Zip Code: 62002
  • Age: 119
  • Subdivision/Neighborhood: Not In A Subdivision
  • Sq.Ft.: 6,213 sq ft
  • Lot Size: 16988 sq ft lot
  • Zoning: Commercial
  • Approx Road Frontage: 90
  • Association: Greater Gateway Association of Realtors
  • Building No.: 1
  • Building Office_CNT: 1
  • Building Type: 1 Story,Mixed Use,Office Building
  • COMI Lease Type: Modified Net
  • Clear Ceiling Height: 9
  • Cooling: Central-Electric,Other
  • Electric Service: Ameren
  • Exterior: Brick,Concrete/Block
  • Gross Operating Inc: 44565.00
  • Heating: Forced Air
  • Interior Walls: Concrete/Block,Drywall
  • Lease Terms: More than 3 Years
  • Lot Dimensions: 90x113 IRR
  • Lot Size Source: County Records
  • Lot Square Footage: 16988
  • Net Income: 43065.00
  • Parking Description: Parking Lot,Paved Asphalt
  • Road Access: City Street
  • Roof: Flat
  • Sale Includes: Building Only,Land Only
  • Sewer: Public
  • Square Footage Source: County Records
  • Total Expenses: 1500.00
  • Unit Location: City,Corner Location,Downtown
  • Utilities Available: Electric,Gas,Water,Sewer
  • Water: Public
Courtesy of Paul R. Lauschke & Associates

Legacy Realty & Auction, LLC
324 A. W. Bethalto Blvd.
Bethalto, IL 62010
(618) 717-0800
(618) 692-5000

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This letter is in reference to real estate agent Kathy Kreutzberg. Kathy assisted my wife and me in our recent purchase of a property in the Highland, Illinois area. This purchase was especially challenging as we are relocating from Madison, Wisconsin. Kathy got our attention immediately by responding to an inquire we submitted on-line on a Saturday evening. We did not expect a response so quickly, let alone on a Saturday night. This was indicative of her working style as she was always available and a tireless worker. Kathy listened to our interests and assisted in helping us in the home search. Because of the distance we had to travel to view homes she was very patient and worked hard to arrange viewing around our schedule. She was also very candid in sharing local information about properties and the areas that matched our interests. Kathy was knowledgeable of the area, was helpful without being too aggressive. I would give Kathy the highest recommendation. Jim Merritt
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