Property profile

1690 Washington St Carlyle, IL 62231

OFF-MARKET
Commercial real estate
Property ID
US28-1363649
2,000 SF 0.39 ac lot Built 1983
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property in Carlyle, IL, presents a remarkable investment opportunity. Located on a prominent 0.39-acre corner lot, the property boasts three distinct buildings, offering versatile space ideal for a variety of uses. Building 1, the largest at approximately 50 x 65 feet, features four 10 x 10 overhead doors, a concrete floor, central air conditioning, and gas heating. A unique feature is the in-floor hot water heat in the north shop area. This building also includes a tankless water heater and a full bathroom with a shower. The shop area utilizes natural gas, while the south storage area uses propane. Building 2, measuring approximately 36 x 42 feet, offers two 10 x 10 overhead doors and concrete floors, heated by gas. Direct access connects Building 2 to Building 3, an approximately 800-square-foot office space. The office area includes a reception area and two private offices, providing a professional workspace. The property's diverse layout and ample space make it suitable for automotive businesses, warehousing, storage solutions, contractors, and numerous other commercial ventures. Priced at $225,000, this property offers significant potential for growth and return on investment. Don't miss this chance to acquire a versatile and well-located commercial property.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Total area 2,000 SF
Lot 0.39 ac (16,988 SF)
Zoning code 51
APN 08-07-24-206-001
UPID US28-1363649

Cap rate & NOI

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

Location

1690 Washington St Carlyle, IL 62231-1745
Carlyle metro Census 900403 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2025
2 recorded transactions
2026
Price N/A
2025
$90,000

Zoning & alternative use

51 · Carlyle, IL

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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