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Retail Space in Carbondale, IL
For Sale
$199,000

401 East Walnut Street, Carbondale, IL 62901

Retail space available for lease in Carbondale, Illinois.

Property SizeContact for details
Days on Market140

Property Features for 401 East Walnut Street

General Information

Standard status Active
Property subtype Retail, Restaurant, Drive-Thru
Listing Agency: Pace Properties
Listed By: Ashley Krekovich · License #1999033116
Source: Paceproperties
Added: Apr 3 Changed: Aug 13 Last Checked: Aug 20 at 4:04AM

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 Pace Properties

Investment Insights

Based on property information with market context.

The property, suitable for retail and restaurant use, is located at 401 East Walnut Street, Carbondale, IL 62901. The location has a population of 12,530 within 1 mile, 24,002 within 3 miles, and 30,776 within 5 miles. The daytime population is 12,309 within 1 mile, 24,895 within 3 miles, and 28,569 within 5 miles. The median household income is $26,818 within 1 mile, $41,355 within 3 miles, and $48,780 within 5 miles. The property is suitable for drive-through restaurants.

Key Highlights

  • Median household income up to $48,780
  • Daytime population up to 28,569
  • Population up to 30,776

Property Analytics

Current Use

Cash Store Loan Service

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Kitchen & Bath Showroom Garden Center Plumbing Service

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

567
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Shops & Services 28% Home Improvements & Furnishings 3%
SONIC Drive In Dining
14,402 visits/mo 0.5 miles
Huck's Shops & Services
6,060 visits/mo 0.4 miles
Hardee's Dining
5,432 visits/mo 0.5 miles
Peoples National Bank Shops & Services
1,754 visits/mo 0.2 miles
Rent One Home Improvements & Furnishings
797 visits/mo 0.2 miles

Demographics for 62901, IL

22,967
Population
12,498
Households
1.8
Avg Household Size
29
Median Age
48%
College-Educated
95%
High-School Grad
27.1 sq mi
ZIP Area
847
Density / Sq Mi
$32,960
Median Household Income
$23,962
Median Earnings
$732
Median Rent
$137,600
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for lease in Carbondale, Illinois.
Where is this retail space located?
The property is located at 401 East Walnut Street Carbondale, IL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Median household income up to $48,780; Daytime population up to 28,569; Population up to 30,776
More about this property
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