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Two-Story Mixed-Use Building
For Sale
$210,000

1031 Fairfax Street, Carlyle, IL 62231

Commercial Sale, Carlyle, IL

Property SizeContact for details
Lot Size0.15 Acres
Days on Market69

Property Features for 1031 Fairfax Street

General Information

Property type Commercial Sale
Property subtype Other
Appliances Dishwasher, Dryer, Microwave, Free-Standing Gas Oven, Refrigerator, Washer, Water Heater
Subdivision MIDDLE CARLYLE
Standard status Active
APN 08-08-183-22-008
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Subdivision MIDDLE CARLYLE Block 43 Lot 2 W 50' OF LOT
Tax Annual Amount 5254
Legal Description Subdivision MIDDLE CARLYLE Block 43 Lot 2 W 50' OF LOT

Utilities

Cooling system Central Air
Water source Public

Building Details

Year built 1895
Floors in Building 2
Building materials Vinyl Siding
Listing Agency: Equity Realty Group, LLC
Listed By: Ed Kleber · License #471000282
Added: Jul 1 Changed: Sep 4 Last Checked: Sep 7 at 5:06AM
MLS# 25049211

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story mixed-use property combines an operating bar and grill on the main level with a separate residential component above. The commercial space includes kitchen equipment, while the upper level contains an updated two-bedroom, one-bath apartment with its own exterior entrance. Apartment appliances include a gas stove, stainless steel refrigerator, hot water heater, washer, and dryer.

Built in 1895, the property occupies 0.15 acres at 1031 Fairfax Street in Carlyle, Illinois. Public water service, central air, and vinyl siding are among the property features. Its downtown setting and combined commercial-residential layout support continued restaurant use with on-site residential space or separate apartment occupancy.

Key Highlights

  • Two‑story mixed‑use property with bar and grill space plus an upper‑level apartment
  • Updated two‑bedroom, one‑bath apartment with a private exterior entrance
  • Main‑level kitchen equipment is included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Electrical Service Dental Office Skin Care Clinic Bakery Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor bar and grill space is paired with an updated apartment featuring separate exterior access.
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 $210,000.
What are key features of this property?
This property features: Two‑story mixed‑use property with bar and grill space plus an upper‑level apartment; Updated two‑bedroom, one‑bath apartment with a private exterior entrance; Main‑level kitchen equipment is included
More about this property
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