720 Henry St

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720 Henry St

Alton, IL 62002
Asking Price
$275K
Asset Type
Religious/Church Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The religious and church facility contains 10,000 square feet
  • Interior spaces benefit from an impressive 40-foot ceiling height
  • The property is currently listed for sale at 275,000 dollars
  • The asset is located in the city of Alton Illinois
  • This office building is situated at 720 Henry Street

What's Special

This 10,000 square foot office property serves as a religious and church facility situated in Alton, Illinois. The structure features an expansive interior space characterized by a notable 40-foot ceiling height, providing flexibility for various organizational or congregational needs. Alton maintains a significant role in the regional economy, positioned along the Mississippi River within the Greater St. Louis metropolitan area. This location offers accessibility to key transportation corridors and serves a diverse demographic base. Given the open layout and the significant vertical clearance, the asset is suitable for religious gatherings, community outreach operations, or institutional use. Investors and organizations seeking a substantial facility in the Madison County submarket will find this property positioned to accommodate diverse operational requirements. The site benefits from its local context, providing a functional footprint for users requiring dedicated space in a well-established community.

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

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