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Property profile & analytics
OFF-MARKET
Auto shops
308 Main St, Carbondale, IL 62901-3010
Entity Owned
Free & Clear
Property ID
US28-3357116
Property summary
AI-generated overview
Located in downtown Carbondale on Main Street/Hwy 13, across from First Southern Bank, this is a metal building designed for automotive and mechanical repair. The shop area measures 39'x50' and includes Modine gas heat, 400 amp electrical service, and a bathroom. It features four overhead bay doors, each 10' wide and 12' high, along with two car lifts and one drive-on four-post car lift. The reception area is 12.5'x15.6' and equipped with window air conditioning and a bathroom. A 360 sq. ft. loft area includes a small office with a 6.5' ceiling. The property provides at least 10 parking spaces. The building's total living area is 2440 square feet. The zoning is SB.
Property profile
Verified
Property type
Auto shops
Use group
COMMERCIAL (GENERAL)
Lot
0.33 ac (14,388 SF)
APN
15-21-230-024
UPID
US28-3357116
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
Current use
Occupant on record · Public records
-
Eddie's Auto Auto Repair Shop
-
Simple Interlock Building Supply General Contractor
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
685 Investments LLC
685 Investments LLC
since 2025
3 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
$4,637
Tax year 2022
Assessed value
$37,470
Assessed 2022
Previous assessed
$37,470
+0.0% YoY
Effective rate
12.38%
On assessed value
Assessed land
$18,011
Assessed improvement
$19,459
Land market value
$54,033
Improvement market value
$58,377
Total market value
$112,410
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
Auto shops
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
0.33 ac (14,388 SF)
APN
15-21-230-024
UPID
US28-3357116
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
0.33 ac
Current owner
From public records · entity-resolved
685 Investments LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 3074, CARBONDALE, IL 62902-3074
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2025
$500
685 Investments LLC
Sabre Investments LLC
Quitclaim Deed
related
—
Feb 13, 2024
—
Sabre Investments LLC
Frank L Byrd
Other
—
Dec 21, 2017
$215,000
Dab Properties LLC
Hunter Richard W Trust
Grant Deed
—
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.
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