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Updated Office Units with Apartment
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1031 FRANKLIN Street, Carlyle, IL 62231

Professional office configuration includes a separate upstairs apartment and additional unfinished area for future buildout.

Property SizeContact for details
Days on Market129

Property Features for 1031 FRANKLIN Street

General Information

Standard status Active
Property subtype Office
Listing Agency: Rod Snow, INC.
Listed By: Emily Toennies · License #475199310
Source: Crexi
Added: Apr 24 Changed: Aug 29 Last Checked: Aug 29 at 2:37PM

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 Rod Snow, INC.

Investment Insights

Based on property information with market context.

This multi-use property currently operates as an insurance office, with the principal office area completely finished from the frame up in 2022. The layout includes an unfinished front section that can be converted into additional office space or completed as an apartment. A separate upstairs one-bedroom apartment has its own private entrance and is ready for occupancy. With further buildout, the property could accommodate up to three total apartments.

Exterior improvements include a new roof, replacement windows, new siding, and a newly paved concrete parking lot. Located on Franklin Street in downtown Carlyle, the property supports continued professional office use, residential conversion, or a combination of the two.

Key Highlights

  • Main office area finished from the frame up in 2022
  • Separate upstairs 1‑bedroom apartment with private entrance
  • Unfinished front section suitable for added office space or apartment buildout

Property Analytics

Current Use

Office Units

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.

Location Intelligence

Trade Area within ½ mile

330
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Professional office configuration includes a separate upstairs apartment and additional unfinished area for future buildout.
Where is this office units located?
The property is located at 1031 FRANKLIN Street Carlyle, IL.
What are key features of this property?
This property features: Main office area finished from the frame up in 2022; Separate upstairs 1‑bedroom apartment with private entrance; Unfinished front section suitable for added office space or apartment buildout
(618) 339-4831 Call to check price and availability
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