Multi-Office Professional
712 N Carbon Street Marion, IL 62959
712 N Carbon Street, Marion, IL, 62959
$599,900
For Sale
$599,900
Nearly 5,000 SF professional office space with multiple offices, conference rooms, and about 40 parking spots.
Property Size4,896 SF
Price / SF$122.53
Days on Market172
Property Features for 712 N Carbon Street
General Information
- Standard status
- Active
- Size
- 4,896 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing agency
Valerie Bethel Designated Managing Broker
(618) 751-1486
Listed by
Valerie Bethel · License #471.021272
(618) 751-1486
Source
Craggsrealtors
Added: Jan 30 Updated: Jul 21 at 6:16AM Checked: Jul 21 at 6:16AM
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 Valerie Bethel Designated Managing Broker
Investment Insights
Based on property information with market context.
This professional office building offers nearly 5,000 square feet of professionally built space, anchored by a welcoming foyer with a front desk area. Inside, the layout includes twelve offices and three conference rooms designed for client meetings and collaboration. The facility has five bathrooms, including one with a shower, plus a dedicated maintenance room.
The property is supported by substantial parking, with approximately forty spaces available. Public remarks cite an estimated 5,000 vehicles passing by daily based on state transportation data, helping support visibility and convenient access for businesses serving the public. The building is located in the HUB TIF district.
Recent upgrades include replacement of the gas heating and air conditioning systems in 2025. Over the last 10 years, improvements have included new electrical wiring, luxury vinyl plank flooring, custom office buildouts, and a security system. Technology-ready features include installed Category 6 network lines throughout the building.
The property is supported by substantial parking, with approximately forty spaces available. Public remarks cite an estimated 5,000 vehicles passing by daily based on state transportation data, helping support visibility and convenient access for businesses serving the public. The building is located in the HUB TIF district.
Recent upgrades include replacement of the gas heating and air conditioning systems in 2025. Over the last 10 years, improvements have included new electrical wiring, luxury vinyl plank flooring, custom office buildouts, and a security system. Technology-ready features include installed Category 6 network lines throughout the building.
Key Highlights
- Nearly 5,000 SF professional office space built in 1985 with a front desk/foyer area
- Includes 12 offices and 3 conference rooms for client meetings and team collaboration
- 5 bathrooms total, including one with a shower, plus a dedicated maintenance room
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.1k | $18.00 |
| − Vacancy | −$15.9k | −$3.24 |
| EGI | $72.3k | $14.76 |
| − OpEx | −$18.1k | −$3.69 |
| NOI | $54.2k | $11.07 |
4,896 SF · lease $18.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$969.0K
$847.9K – $1.13M
NOI $67,832 @ 7.0% cap · market cap 11.31%
Second Best
Office B
$774.3K
$677.5K – $903.3K
NOI $54,199 @ 7.0% cap · market cap 9.03%
Theoretical Best
Office A
$1.03M
$903.1K – $1.20M
NOI $72,251 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Natural Resources Conservation
Sustainability Organization
Williamson County Farm ...
Sustainability Organization
Priority Professional Group, ...
Employment Agency
Priority Staffing Group
Employment Agency
Priority Payroll Co.
Accounting Firm
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FAQs
What type of property is this?
Office building - Nearly 5,000 SF professional office space with multiple offices, conference rooms, and about 40 parking spots.
Where is this office building located?
The property is located at 712 N Carbon Street Marion, IL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Nearly 5,000 SF professional office space built in 1985 with a front desk/foyer area; Includes 12 offices and 3 conference rooms for client meetings and team collaboration; 5 bathrooms total, including one with a shower, plus a dedicated maintenance room
