Restaurant Building with
For Sale
$695,000
509 S ILLINOIS Avenue, Carbondale, IL 62901
Freestanding restaurant property with included furnishings, equipment, and multiple parking areas.
Property Size6,000 SF
Days on Market421
Property Features for 509 S ILLINOIS Avenue
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Commercial
Zoning
BPL
Additional Details
Furnished
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$15,793
Building Details
Building Size
6,000 SF
Year Built
1985
Listing Agency:
COMMERCIAL REALTY ASSOCIATES
(618) 303-0701
Listed By:
Rolf Schilling · License #471012048
(618) 303-0701
Source:
Perillorealestategroup
Added: Jun 27, 2025
Changed: Aug 16
Last Checked: Aug 20 at 2:19PM
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 COMMERCIAL REALTY ASSOCIATES
Investment Insights
Based on property information with market context.
The offering includes a restaurant building constructed in 1985, together with the business furnishings and operating equipment. Updated HVAC is planned for installation as part of the offering. The property is zoned BPL and is suited to continued restaurant use based on its existing configuration and included contents.
Parking includes the adjacent lot and employee spaces on the south side of the building. Additional public parking is available in City lots next to the property. The site is within Carbondale's TIF District and Enterprise Zone.
Parking includes the adjacent lot and employee spaces on the south side of the building. Additional public parking is available in City lots next to the property. The site is within Carbondale's TIF District and Enterprise Zone.
Key Highlights
- Restaurant building constructed in 1985
- Sale includes restaurant equipment and furnishings
- Updated HVAC planned for installation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,506
Businesses Nearby
Under-served
Demand for This Use
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant property with included furnishings, equipment, and multiple parking areas.
Where is this conventional restaurant located?
The property is located at 509 S ILLINOIS Avenue Carbondale, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Restaurant building constructed in 1985; Sale includes restaurant equipment and furnishings; Updated HVAC planned for installation
