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    706 Main St Carbondale, IL 62901

    Sponsored
    For Sale
    $199,900

    Historic building, office & apartment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This unique 1920s Carbondale, IL property, located at 706 W MAIN Street, 62901, presents a compelling investment opportunity at $199,900. The building, featuring exquisite architectural details including hardwood floors, beveled trim, ceramic tile, and leaded glass windows, offers a blend of commercial and residential space. Currently utilized as a therapist's office and artist studio, the main level provides ample space for a variety of commercial uses. Upstairs, a 500-square-foot apartment boasts its own exterior access, offering potential for rental income or additional office space. This property has a rich history, having served as a home and real estate office in the past, and has been featured in several magazines. The building has undergone consistent maintenance and updates over the years. Its prime location in Carbondale, within Jackson County, offers excellent visibility and accessibility. This versatile property is ideal for an owner-occupier or investor seeking a unique and historically significant commercial investment in a thriving Illinois community. The property includes one building situated on a land parcel.

    Property Features for 706 Main St

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1920
    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Budslick F D Counselor Jennifer Applegate Counselor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.2253788
    Latitude
    37.7268008

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    FAQs

    What type of property is this?
    Office Property / Space - Historic building, office & apartment
    Where is this office property / space located?
    The property is located at 706 Main St Carbondale, IL.
    What is the asking price?
    The asking price for this property is $199,900.
    Request Owner's contact information
    706 Main St Carbondale, IL 62901
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    Carbondale, IL 62901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    706 Main St Carbondale, IL 62901
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