1051 Wall StCarbondale, IL 62901

For Sale
$795,000

Prime location, high-income potential, multiple uses.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Carbondale, IL property at 1051 S WALL Street presents a lucrative investment opportunity. The 1.39-acre lot encompasses two buildings totaling 60,548 square feet, offering a diverse range of commercial and warehouse space. The main building features 6,990 square feet of remodeled retail space, ready for immediate occupancy, and an additional 2,175 square feet of adaptable retail or storage space. A separate 840-square-foot garage provides further storage options, complemented by an additional 1,365 square feet of expandable retail space. The lower level offers substantial storage, totaling 3,469 square feet. Income generation is further enhanced by four existing rental units: three studio apartments (400 sq ft each) and one one-bedroom apartment (570 sq ft), all sharing a common area. A detached garage is also currently leased. The property's three-story brick and concrete construction ensures minimal maintenance and long-term durability. Its strategic location adjacent to Southern Illinois University, the downtown area, and major shopping centers guarantees high visibility and accessibility. This property is ideal for owner-occupancy combined with rental income, offering a compelling return on investment. The property is located in Jackson County, IL, zip code 62901.

Highlights

  • 1.05-acre lot in Carbondale, IL (62901), Jackson County, with two buildings totaling 60,548 square feet.
  • Main building features 6,990 SF of remodeled retail space and 2,175 SF of adaptable retail/storage space.
  • Additional building includes 840 SF garage and 1,365 SF of expandable retail space, plus 3,469 SF of lower-level storage.
  • Four rental units (three studios, one 1-bedroom) and a detached leased garage generate supplemental income.
  • Three-story brick and concrete construction; prime location near SIU, downtown, and major shopping centers.

Property Details for 1051 Wall St

Property type
Other warehouses, Other retail properties
Buildings
2

Location Insight

City
Carbondale
County
Jackson
State
Illinois
Latitude
37.7165104
Longitude
-89.2083951
1051 Wall St, Carbondale, Illinois
Leaflet | © OpenStreetMap contributors

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1051 Wall St
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