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    Property profile & analytics

    1237 Main St Carbondale, IL 62902

    • Shopping malls
    • 691,484 SF
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Maurices / Women'S Clothing Store / Plus Size Clothing Store
    • rue21 / Women'S Clothing Store / Men'S Clothing Store
    • Old Navy / Clothing Store / Men'S Clothing Store
    • Hemp-N-Stuff Head Shop / Novelty Store
    • Hot Topic / Clothing Store / Fashion Accessories Store

    Property Details for 1237 Main St

    Property size
    691,484 SF
    Property type
    Shopping malls
    Property subtype
    Retail properties

    Description

    University Mall in Jackson County, Illinois offers an exceptional retail leasing opportunity. This prominent regional shopping mall boasts a total of 691,484 square feet, with 306,659 square feet currently available for lease. Spaces range from a minimum of 880 square feet to a maximum contiguous space of 110,000 square feet, providing flexibility for various retail concepts. The mall enjoys a highly desirable location at the intersection of Routes 13 and 51, experiencing significant daily traffic of 21,500 vehicles on East Main Street. Its strategic position less than three miles from Southern Illinois University's campuses ensures a consistent flow of students and local residents. The strong co-tenancy includes national retailers such as Walmart, Lowe's, and Kroger, creating a vibrant and attractive shopping environment. This presents a unique chance to establish or expand a retail presence within a well-established and thriving regional mall, benefiting from high visibility and a substantial customer base. Multiple spaces are available, allowing for various business sizes and needs. The mall's anchor tenant status and extensive square footage provide a significant opportunity for growth and success. Contact us today to explore the available spaces and discuss your leasing options.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.1913
    Latitude
    37.729

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    1237 Main St
    Carbondale, IL 62902
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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
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