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    718 S Illinois Ave Carbondale, IL 62901

    For Sale
    $275,000

    Commercial - Carbondale, IL

    Property size:
    7,849 SF
    Days on Market:
    48
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 718 S Illinois Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    commercial
    APN
    15-21-408-010
    Parking
    12
    Size
    7,849 SF

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air

    Building Details

    Flooring type
    Concrete, Tile
    Building materials
    Block, Brick, Concrete
    Roof type
    Asphalt, Composition
    Architectural style
    Other

    REMAX Realty Central (618) 924-3644 [email protected]

    Listing agent Rachel Davenport (618) 457-4663 License #471022162

    Listing date Oct 27, 2025

    MLS# EB460267 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

    Prime Carbondale Commercial Corner Property

    This 7,849 sq ft commercial property is located in the heart of Carbondale's commercial district, at the corner of Illinois Ave and Mill Street, near Southern Illinois University and directly on the Carbondale Strip. The building is suitable for a restaurant, retail shop, gallery, or professional offices. The property features expansive display windows and an upstairs space accessible via interior and exterior entrances, bathed in natural light. There are two restrooms, one with dual stalls. The property includes 12 dedicated parking spaces and benefits from constant foot and vehicle traffic from students, locals, and visitors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Saluki Pride Mural Tourist Attraction

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.21632
    Latitude
    37.720058

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    FAQs

    What type of property is this?
    Retail space - High-visibility commercial building near Southern Illinois University with endless potential.
    Where is this retail space located?
    The property is located at 718 S Illinois Ave Carbondale, IL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - High-visibility corner location at Illinois Ave and Mill Street in Carbondale's commercial district.; - Located steps from Southern Illinois University and directly on the Carbondale Strip.; - 7,849 sq ft building suitable for restaurant, retail, gallery, or offices.
    (618) 457-4663
    Request Owner's contact information
    718 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
    718 S Illinois Ave Carbondale, IL 62901
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