1110 Franklin St Carlyle, IL 62231-1836
For Sale
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This exceptional commercial property, located at 1110 Franklin Street in Carlyle, Illinois, presents a unique investment opportunity. Boasting a prime location just off the high-traffic intersection of US-50 and IL 127 in Carlyle's business district, this B-2 zoned property is currently operating as a successful lumber yard and home improvement center. The property encompasses a four-building complex totaling over 36,654 square feet, situated on approximately 1.25 acres of land. The main building, featuring a retail showroom, office space, and warehouse, comprises roughly 14,800 square feet. This provides ample space for retail operations and administrative functions. Adding to the substantial space, the property includes three additional buildings. Two are open-sided structures, totaling over 6,600 square feet, ideal for outdoor storage or display. The third is a large enclosed warehouse building offering 15,200 square feet of storage space. Convenient drive-thru access from city streets is available for efficient loading and unloading. The property's established business and strategic location make it an attractive proposition for a variety of commercial uses. The asking price is $975,000. This presents a rare chance to acquire a well-established commercial property in a thriving business district.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
51 · Carlyle, ILCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.