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    1051 S Wall St Carbondale, IL 62901

    For Sale
    $795,000

    Commercial - Carbondale, IL

    Property size:
    13,999 SF
    Lot size:
    1.39 Acres
    Days on Market:
    175
    Last Refresh:
    Dec 14 at 11:06 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
    Size
    13,999 SF
    Lot size
    1.39 Acres

    Utilities

    Heating system
    Geothermal (Heating)
    Cooling system
    Geothermal, Multi Units

    Building Details

    Flooring type
    Carpet, Concrete, Tile
    Building materials
    Brick
    Roof type
    Membrane
    Architectural style
    Other

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

    Listing agent Rolf Schilling (618) 303-0701 License #471012048

    Listing date Jun 23, 2025

    MLS# EB453994 Listing URL

    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 Space

    This three-story brick and concrete building, recently remodeled and in excellent condition, offers a total of 6,990 square feet of retail space. An additional 2,175 square feet of expandable retail space or storage area is available, along with a separate 840-square-foot garage for storage. The property also includes 1,365 square feet of separate expandable retail space 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 property also features a detached garage that is currently leased out. Situated on a 1.39-acre lot, this property is located adjacent to Southern Illinois University, downtown businesses, and major shopping areas. The building's zoning is SB. It presents a good investment opportunity for combining business operations with 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 - Mixed-use property with retail and residential income potential near SIU.
    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.; - Significant income potential from (3) studio apartments and (1) one-bedroom apartment rentals.; - **6,990 SF of remodeled retail space**, plus additional expandable retail and storage spaces.
    (618) 303-0701
    Request Owner's contact information
    1051 S Wall St Carbondale, IL 62901
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    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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