1040 Walnut StCarbondale, IL 62901

  • Other commercial real estate
  • 0.65 AC
For Lease

Property Details for 1040 Walnut St

Lot size
0.65 AC
Property type
Other commercial real estate
APN
15-22-128-016
APU
1522128016

Description

This exceptional 2,300 square foot freestanding commercial building is ideally situated at 1040 E. Walnut St in Carbondale, Illinois, 62901. The property offers a single-tenant occupancy opportunity within a vibrant retail and restaurant market. The building sits on a sizable 0.65-acre lot, providing ample space and visibility. Carbondale's strategic location at the intersection of Illinois Route 13 and US Route 51, coupled with its proximity to Southern Illinois University and major employers like SIH/Memorial Hospital and Walmart, ensures a strong customer base. The city's rich history and its position near the Shawnee National Forest contribute to a unique and attractive environment. This property presents a rare chance to establish a thriving business in a dynamic and growing community. The entire 2,300 square feet is currently vacant, offering immediate occupancy for a wide range of commercial uses. This location provides excellent access to major roadways and a substantial population base. The property's size and location make it an attractive investment opportunity for businesses seeking a prominent presence in Carbondale.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,407,926
    Hospitality
    $6,785,621
    Educational
    $5,645,557
    Medical
    $5,839,716
    Retail
    $8,781,977
1040 Walnut St, Carbondale, Illinois
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Location Insight

City
Carbondale
County
Jackson
State
Illinois
Latitude
37.7277
Longitude
-89.1997
CBSA code
16060
CBSA name
CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,233
$95,820
$276,140
$371,960
-
$287,460
$828,420
$1,115,880

FAQs

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