Property profile

6173 Bayer Rd Carterville, IL 62918

OFF-MARKET
Commercial real estate
3,120 SF 0.5 ac lot Built 1951
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Property summary

AI-generated overview

This exceptional commercial property, located at 6173 Bayer Road in Carterville, Illinois, presents a unique investment opportunity. Situated on a half-acre corner lot in a Tax Increment Financing (TIF) district, this high-visibility location boasts significant traffic flow due to its proximity to Route 13 and its position directly across from S I Bowl. The 3,120 square foot building offers ample space for a variety of commercial ventures. The main structure measures 40 feet by 112 feet, and includes a substantial 34-foot by 40-foot garage, providing extensive parking. Three overhead doors and two walk-in doors enhance functionality and accessibility. The property's current configuration includes a one-third occupancy biker bar, a one-third occupancy motorcycle repair shop, and a one-third vacant space, offering flexibility for expansion or customization. The building's versatile layout and prime location make it ideal for a range of businesses. Its strategic position near Carterville and Marion ensures convenient access to a substantial customer base. The seller is offering attractive financing options, making this an even more compelling proposition for prospective buyers. This is a rare opportunity to acquire a well-situated, versatile commercial property with significant potential for growth and profitability.

Property profile

Verified
Property type Commercial real estate
Year built 1951
Total area 3,120 SF
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6173 Bayer Rd Carterville, IL 62918
Carterville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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