Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    409 E Walnut St Carbondale, IL 62901

    For Sale
    $189,900

    Commercial - Carbondale, IL

    Property size:
    4,483 SF
    Lot size:
    1.29 Acres
    Days on Market:
    337
    Last Refresh:
    Dec 13 at 9:06 pm

    Property Features for 409 E Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R3
    APN
    15-21-280-020
    Parking
    20
    Size
    4,483 SF
    Lot size
    1.29 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Number of units
    5
    Building materials
    Frame, Vinyl Siding, Wood Siding
    Roof type
    Composition, Shingle
    Architectural style
    Other

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

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

    Listing date Jan 11, 2025

    MLS# EB452267 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 Commercial Opportunity on Highway

    This commercial property is located along Highway 13, also known as East Walnut Street, in Carbondale, Illinois. The site encompasses over 1 acre and presents opportunities for development or rehabilitation. There are three buildings on the property; two of them could be restored into multi-family living spaces, while the third would be suitable for storage. The property's size also makes it reasonable to clear the land and construct a new structure. The location benefits from great visibility and high traffic counts. It is accessible from the highway and two side streets. The total living area of the existing structures is 4483 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -89.210265
    Latitude
    37.725538

    Nearby Similar for Sale

    • New
      $215,000
      2,584 SF

      Spacious Student Housing Investment Property

      Move-in ready 6-bedroom home near campus, ideal for investment.
      609 S Poplar St, Carbondale, IL 62901
      View Details
    • $329,000
      2,400 SF

      Spacious Carbondale Property with Barns

      Two-story home on 21 acres with multiple large outbuildings.
      1250 E Park St, Carbondale, IL 62901
      View Details
    • $1,250,000
      15,360 SF

      4 Duplexes Near SIU Campus

      Four well-maintained duplexes near SIU's West Campus, ideal for investors.
      902 W Mill St, Carbondale, IL 62901
      View Details
    • $275,000
      7,849 SF

      Prime Carbondale Commercial Corner Property

      High-visibility commercial building near Southern Illinois University with endless potential.
      718 S Illinois Ave, Carbondale, IL 62901
      View Details
    • $375,000
      10,375 SF

      Versatile Commercial Property in Carbondale

      Spacious commercial property with office, warehouse, and multi-use functionality.
      1275 N Reed Station Rd, Carbondale, IL 62901
      View Details
    • $32,000
      1,196 SF

      Carbondale Multifamily Investment Opportunity

      Four-unit multifamily property near SIU requiring TLC.
      406 S University Ave, Carbondale, IL 62901
      View Details

    FAQs

    What type of property is this?
    Apartment building - Commercial property with highway visibility, development or rehab potential.
    Where is this apartment building located?
    The property is located at 409 E Walnut St Carbondale, IL.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: - High visibility and traffic count on Hwy 13 (E. Walnut St.); - Over 1 acre available for development or rehab; - Accessible from highway and 2 side streets
    (618) 303-0701
    Request Owner's contact information
    409 E Walnut St Carbondale, IL 62901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    409 E Walnut St
    Carbondale, IL 62901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    409 E Walnut St Carbondale, IL 62901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.