New search
Property profile & analytics
OFF-MARKET
Industrial properties
1764 Illinois Ave, Carbondale, IL 62901-5607
Entity Owned
Free & Clear
Property ID
US28-3157361
Property summary
AI-generated overview
This 8,500 square foot commercial warehouse, located at 1764 N Illinois Avenue in Carbondale, Illinois, presents a unique investment opportunity. Priced at $175,000, the property boasts a prime location in a high-traffic area, making it ideal for a variety of businesses. The building features one structure with ample space for various uses, including retail, storage, or a restaurant. The property includes a full-service kitchen equipped with an industrial exhaust hood, perfect for food-related ventures, and two bathrooms for added convenience. Storage needs are easily met with covered units suitable for boats or campers. Adequate parking is available on-site. A significant upgrade was completed in 2023 with the installation of a new heating and air conditioning system. Situated in Jackson County, Illinois, zip code 62901, this property offers endless possibilities for entrepreneurs seeking a versatile and well-located commercial space. The property is zoned for commercial and warehouse use.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
1 ac (43,560 SF)
APN
15-09-376-001
UPID
US28-3157361
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Apt4u LLC
Apt4u LLC
since 2026
Last sale
$138,500
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carbondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carbondale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$10,112
Tax year 2022
Assessed value
$81,716
Assessed 2022
Previous assessed
$77,743
+5.1% YoY
Effective rate
12.37%
On assessed value
Assessed land
$12,274
Assessed improvement
$69,442
Land market value
$36,822
Improvement market value
$208,326
Total market value
$245,148
Applied tax rate
1,006.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
1 ac (43,560 SF)
APN
15-09-376-001
UPID
US28-3157361
Jurisdiction
JACKSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Apt4u LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3013 PNE RDG DR, HERRIN, IL 62948-3746
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2026
$500
Apt4u LLC
Robertson Properties LLC
Warranty Deed
—
Dec 27, 2023
—
Robertson Properties LLC
—
Deed
related
$450,000 · Bank Of Herrin
Aug 10, 2022
$138,500
Robertson Properties LLC
Robertson Vending INC
Warranty Deed
$138,000 · Bank Of Herrin
Sep 19, 2016
—
Robertson Vendinge INC
—
Deed
related
—
Sep 17, 2013
—
Robertson Vending INC
Robertson,rick
Quit Claim Deed
related
$194,400 · Bank Of Herrin
—
—
Robertson Vendinge INC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1764 Illinois Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
