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    1201 W Main St Carbondale, IL 62901

    For Sale
    $520,000

    Commercial - Carbondale, IL

    Property size:
    3,000 SF
    Days on Market:
    284
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 1201 W Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    15-20-259-023
    Size
    3,000 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

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

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

    Listing date Feb 26, 2025

    MLS# EB456871 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

    Carbondale Retail Investment Opportunity

    This 3,000 square foot commercial building in Carbondale, Illinois, is available for purchase as an investment property. The property is currently leased to Subway for a term of 5 years, generating an annual income of $53,820 under a NNN lease agreement, resulting in a 10% capitalization rate. The lease includes a provision for a 7% increase upon renewal at the end of the initial term. The building is situated on the west side of Carbondale, near Scooter's coffee, Schnuck's grocery plaza, Legion's Bank, and Burger King, and across the street from Walgreen's. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Subway Caterer JCPenney Portraits Photographer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.232189
    Latitude
    37.726281

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    FAQs

    What type of property is this?
    Retail space - Leased Subway building for sale with 10% cap rate.
    Where is this retail space located?
    The property is located at 1201 W Main St Carbondale, IL.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: - Leased to Subway for 5 years, providing immediate rental income.; - High 10% Cap Rate ($53,820 annually NNN).; - 3000 sq. ft. building.
    (618) 303-0701
    Request Owner's contact information
    1201 W Main 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
    1201 W Main St Carbondale, IL 62901
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