3500 Homer M Adams Pkwy , Alton, IL 62002(Madison County)

Zoned C2 (General Commercial), the property is suited for a wide range of uses including retail, office, service businesses, and more. The topography appears level and utilities are nearby, simplifying the development process. Whether you're a business owner looking for a prime location or an investor seeking a highly marketable tract, this location checks the right boxes.

Surrounding development includes national and regional brands, restaurants, entertainment, and daily-use businessesall within a quarter milesupporting foot traffic and consumer interest. For zoning questions, contact the City of Alton Planning and Development at 618-463-3532.

For more information or to schedule a visit, call or text Phil Brown (314) 753-7444.

Highlights:

C2 Zoning allows a wide variety of commercial uses

High visibility and traffic counts

Near established anchors like Alton Square Mall and Argosy Casino

Level ground easier prep for development

Utilities nearby

Strong surrounding business presence

Bundle Event Auction Terms & Conditions

1. Procedure: Bidding ends Wednesday, August 27, 2025, at 9:40 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 3 minutes.

2. BUYERS PREMIUM: 10% Buyers Premium will be added to the final bid price to arrive at the contract sales price.

3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, August 28, 2025 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason.

4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.

5. BIDDING: Once submitted, a bid cannot be retracted.

6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, September 25, 2025.

7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.

8. TITLE: Seller shall furnish the buyer(s) at Sellers expense an Owners Policy of Title Insurance in the amount of the purchase price and agrees to provide and execute a Special Warranty deed conveying merchantable title to the real estate to the buyer(s).

9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.

10. REAL ESTATE TAXES: The 2024 Real Estate taxes to be paid for by the Seller. The 2025 Real Estate taxes to be prorated to the day of closing.

11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction.

12. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. All announcements made day of sale take precedence over prior advertising either written or oral. This property is subject to prior sale.