Property profile

1365 Main St Carbondale, IL 62901

OFF-MARKET
Commercial real estate
Property ID
US28-3049496
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Carbondale restaurant property, located at 1365 E Main St (IL Rte 13), presents a lucrative investment opportunity. Boasting a high-traffic location with over 28,000 vehicles passing daily, this 5,023 square foot building is ideally suited for a quick-service restaurant or similar establishment. Previously a Steak 'n Shake, the property features a robust 3-phase, 800-amp electrical service with multiple distribution panels, ensuring ample power for any operation. Climate control is handled by four rooftop HVAC units, providing efficient and comfortable indoor conditions. The building includes two ADA-compliant restrooms and a grease trap, meeting all necessary requirements for food service. Durable ceramic and quarry tile flooring offers easy maintenance and a clean aesthetic. Ample parking is provided with 66 spaces, complemented by a convenient drive-thru window, enhancing operational efficiency and customer convenience. The property sits on a 1.16-acre lot and was built in 1995. The permitted zoning is Planned Business Use. The property's features, combined with its prime location and high daily traffic count, make it an attractive prospect for discerning investors seeking a thriving restaurant operation in a bustling Carbondale location. The APN is 15-14-351-024. The property is offered under Other Ownership.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 15-14-351-024
UPID US28-3049496

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

1365 Main St Carbondale, IL 62901-3116
Carbondale metro Census 11200 CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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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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