Mixed-Use Building with Bar and
For Sale
$199,900
1031 Fairfax Street, Carlyle, IL 62231
An upstairs apartment with its own exterior entrance sits above an operating food-service business.
Property Size3,228 SF
Price / SF$61.93
Days on Market460
Property Features for 1031 Fairfax Street
General Information
Standard status
Active
Size
3,228 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Equipment Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$5,253
Building Details
Building Size
3,228 SF
Year Built
1895
Buildings
1
Stories
2
Listing Agency:
Equity Realty Group, LLC
(618) 654-5575
Listed By:
Ed Kleber · License #471000282
(618) 304-7073
Source:
Finehomesbydawn
Added: Jul 23, 2025
Changed: Oct 23
Last Checked: Oct 23 at 1:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Realty Group, LLC
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Investment Insights
Based on property information with market context.
This two-story mixed-use property in downtown Carlyle combines a bar and grill on the main level with a two-bedroom, one-bath apartment above. The restaurant space is operating and includes kitchen equipment. The apartment has been updated and features a private exterior entrance, gas stove, stainless steel refrigerator, hot water heater, and washer and dryer.
Built in 1895, the property is located at 1031 Fairfax Street in Carlyle, Illinois. The separate access to the apartment and the existing food-service operation are distinct components of the building.
Built in 1895, the property is located at 1031 Fairfax Street in Carlyle, Illinois. The separate access to the apartment and the existing food-service operation are distinct components of the building.
Key Highlights
- Operating bar and grill with kitchen equipment included
- Updated two‑bedroom, one‑bath apartment with a separate exterior entrance
- Apartment includes a gas stove, stainless steel refrigerator, hot water heater, and washer and dryer
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Explore this area
Business Placement
Demographics for 62231, IL
7,171
Population
3,233
Households
2.2
Avg Household Size
46
Median Age
25%
College-Educated
96%
High-School Grad
192.1 sq mi
ZIP Area
37
Density / Sq Mi
$80,660
Median Household Income
$41,526
Median Earnings
$1,043
Median Rent
$158,400
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An upstairs apartment with its own exterior entrance sits above an operating food-service business.
Where is this mixed-use property located?
The property is located at 1031 Fairfax Street Carlyle, IL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Operating bar and grill with kitchen equipment included; Updated two‑bedroom, one‑bath apartment with a separate exterior entrance; Apartment includes a gas stove, stainless steel refrigerator, hot water heater, and washer and dryer
