Listing Agency: C21 HOUSE OF REALTY, INC. c***@buysihomes.com

Listed By: Dave Thompson · License #471005854 Show Phone

Source: Crossdavidson

Added: Oct 23, 2024 Changed: Oct 28 Last Checked: Oct 26 at 3:41AM

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Investment Insights

Based on property information with market context.

This 9.23-acre commercial land property includes two existing rental buildings: a house and a duplex. The site is described as ready for commercial development, with both residential structures in place.

The property is on Reed Station Road, west of and just off Route 13, and adjoins an existing hotel.

Key Highlights

• 9.23 acres designated for commercial development
• Includes two rental properties: a house and a duplex
• On Reed Station Road, just west of Route 13

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Building Supply (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Computer & Electronic Repair

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

104

Businesses Nearby

Explore this area Business Placement

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 Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - The acreage includes a house and duplex currently used as rentals, alongside land suited to commercial development.

Where is this commercial land located?

The property is located at 2480 Meadville Lane Carbondale, IL.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: 9.23 acres designated for commercial development; Includes two rental properties: a house and a duplex; On Reed Station Road, just west of Route 13