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    1051 S Wall St Carbondale, IL 62901

    Sponsored
    For Sale
    $795,000

    COMMERCIAL - Carbondale, IL

    Lot size:
    1.39 Acres
    Days on Market:
    197
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 1051 S Wall St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SB
    APN
    15-22-353-014
    Parking
    25
    Lot size
    1.39 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Geothermal (Heating)
    Cooling system
    Multi Units, Geothermal

    Building Details

    Floors in Building
    3
    Flooring type
    Tile, Carpet, Concrete
    Building materials
    Brick
    Roof type
    Membrane

    Commercial Realty Associates (618) 303-0700 [email protected]

    Listing agent Rolf R Schilling

    Listing date Jun 23, 2025

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Retail and Residential Property

    This three-story brick and concrete building, recently remodeled and in excellent condition, offers a virtually maintenance-free structure built for longevity. The property includes 6,990 square feet of remodeled retail space, along with 2,175 square feet of expandable retail space or storage area. A separate 840-square-foot garage provides additional storage. There is also a separate expandable retail space of 1,365 square feet and 3,469 square feet of bottom-level storage space. Boutique hotel rentals provide income from three 400-square-foot studio apartments, each with one bath, and one 570-square-foot one-bedroom apartment with one bath. A large common area is shared by all apartments. The detached garage is currently leased out. The property, situated on a 1.39-acre lot, is adjacent to Southern Illinois University, downtown businesses, and major shopping areas, presenting an excellent location for business and rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Growing Media Marketing Marketing Agency the SPIEL Studio Television Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.208318
    Latitude
    37.716492

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    FAQs

    What type of property is this?
    Retail space - Three-story building with retail space, apartments, and storage.
    Where is this retail space located?
    The property is located at 1051 S Wall St Carbondale, IL.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Excellent location adjacent to Southern Illinois University, downtown businesses, and major shopping areas.; - **6,990 SF of remodeled retail space.**; - Income potential from boutique hotel rentals: (3) studio apartments and (1) one-bedroom apartment.
    (618) 303-0700
    Request Owner's contact information
    1051 S Wall St Carbondale, IL 62901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1051 S Wall St Carbondale, IL 62901
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