121 Elm Street, Alton

$285,000

33,150 Square Feet

Tax History: $15,562.00 in 23

This former school offers a rare blend of historic charm and modern adaptability, making it an excellent investment for visionary developers, entrepreneurs, or community leaders. Whether you're looking to create a residential haven or a community cornerstone, this property provides the perfect canvas. This building boasts classic architectural features, high ceilings, and large windows that flood the space with natural light. Multiple classrooms, a gymnasium, an auditorium, kitchen and administrative offices provide a variety of layout options. Spacious outdoor area is perfect for recreational activities or expansion. The property could be transformed into trendy loft apartments or a unique condominium complex with plenty of room for communal spaces, gardens, and outdoor recreation areas. Perfect for a private school, daycare center, or vocational training center.

This property is located on 2.18 Acre(s).

Approximate lot size is 2 Acre(s)

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MLS#: 24035610
Listing ID: 83822
Updated: 06/09/2026
Posted: 06/09/2026

Listing provided by

David Lauschke
Coldwell Banker Brown Realtors

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

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