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Yuliya Benko

yuliyab.realtor@gmail.com +1(773) 503-0277

Listed by Cree Glanzof RE/MAX REALTY CENTRAL

$ 385,000

Est. payment -/mo

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828 E Main Street Carbondale, IL 62901

19,498 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 19,498 sqft

Price per Sqft $19

MLS Listing ID 100000575

Year Built 1958

Annual Tax Amount $15,405

Tax Year 2024

Lot Size 3.000 Acres

Lot Dimensions 409x246x383x282

Property Sub-Type Mixed Use

Property Description

Wright Business Center is a stabilized, income-producing commercial asset situated on approximately 3 acres in the heart of Carbondale. Located along a high-traffic corridor with 20,000+ vehicles per day, the property offers exceptional visibility, strong tenant demand, and long-term investment upside. The center is currently occupied by a diversified tenant mix, providing consistent monthly cash flow: Massage Therapist - $725/month Paint & Sip Studio - $650/month Retail Store - $875/month Tax Specialist - $800/month Music Studio - $650/month Property is being sold due to the owner's retirement, presenting an opportunity to acquire a proven commercial investment recently appraised at over $500,000 at a significantly reduced asking price of $385,000-built-in equity from day one. Property is being offered as-is. Recent capital improvements include a new roof on Building 1 and a brand-new parking lot, minimizing near-term capital expenditures and enhancing long-term asset stability. Located within a Business Enterprise District, the property benefits from significant tax incentives, including sales tax frozen for the first five years and 50% frozen for the following five years, enhancing operating income potential. Investor-friendly features include ground-level units with no stairs, ample free parking, and three curb cuts allowing easy ingress and egress-supporting tenant retention and broad usability. The layout also allows for rent optimization and future repositioning. Additionally, approximately 9.5 acres of adjacent land, owned by the City of Carbondale, is available for purchase, offering potential for expansion, redevelopment, or value-add strategies. This is a rare opportunity to secure a high-visibility, cash-flowing commercial property with tax advantages, capital improvements already completed, and meaningful upside in a growing Carbondale corridor.

Location

State IL

County Jackson

Interior

Cooling Central Air

Fireplace N

Exterior

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SCHOOLSPROPERTIES

Elementary Schools 4

3

Lewis School

Public | 4 - 5
2

Thomas Elementary School

Public | 2 - 3
0

Trinity Christian School

Private | PK - 12
0

Carbondale New School

Private | PK - 8

Middle Schools 2

2

Carbondale Middle School

Public | 6 - 8
0

Brehm Preparatory School

Private | 6 - 12

High Schools 1

5

Carbondale Community High School

Public | 9 - 12

School and business data provided by Attom Data.

Yuliya Benko

Broker

+1(773) 503-0277

Yuliya Benko

828 E Main Street Carbondale, IL 62901

Key Details

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828 E Main Street