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    509 S Illinois Ave Carbondale, IL 62901

    For Sale
    $695,000

    Commercial - Carbondale, IL

    Property size:
    6,000 SF
    Days on Market:
    105
    Last Refresh:
    Dec 14 at 11:06 pm

    Property Features for 509 S Illinois Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    BPL
    APN
    15-21-257-015
    Parking
    20
    Size
    6,000 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Flooring type
    Tile
    Building materials
    Brick, Frame
    Roof type
    Metal
    Architectural style
    Other

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

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

    Listing date Sep 2, 2025

    MLS# EB458615 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 Building and Business

    This commercial property in Carbondale, Illinois, presents an investment opportunity. The sale includes all equipment and furnishings. Updated HVAC is to be installed. The adjacent parking lot is included, along with employee parking on the south side of the building. Additional parking is available in the City's parking lots adjacent to the building. The property is located in Carbondale's TIF District and Enterprise Zone, potentially offering tax benefits. The property size is 6000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pagliai's of Carbondale Pizza Restaurant

    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.

    Similar Places Nearby

    Student Center Catering, Naomi Ariel Catering and Event Planning

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.216169
    Latitude
    37.723096

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    FAQs

    What type of property is this?
    Restaurant - Commercial building with equipment and furnishings in Carbondale, Illinois.
    Where is this restaurant located?
    The property is located at 509 S Illinois Ave Carbondale, IL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Established business (Pagliai's Pizza and Pasta) with 57 years of successful operation.; - Sale includes all equipment and furnishings.; - Updated HVAC to be installed.
    (618) 303-0701
    Request Owner's contact information
    509 S Illinois Ave 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
    509 S Illinois Ave Carbondale, IL 62901
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