1110 Franklin StCarlyle, IL 62231

  • Commercial real estate
  • 11,534 SF
For Sale
$1,200,000 View listing

Property Details for 1110 Franklin St

Year built
2009
Lot size
1.14 AC
Property size (Sq ft)
11,534 SF
Zone code
51
Property type
Commercial real estate
APN
08-08-19-101-008
APU
80819101008

Description

This exceptional commercial property, located at 1110 Franklin Street in Carlyle, Illinois, presents a unique investment opportunity. Boasting a prime location just off the high-traffic intersection of US-50 and IL 127 in Carlyle's business district, this B-2 zoned property is currently operating as a successful lumber yard and home improvement center. The property encompasses a four-building complex totaling over 36,654 square feet, situated on approximately 1.25 acres of land. The main building, featuring a retail showroom, office space, and warehouse, comprises roughly 14,800 square feet. This provides ample space for retail operations and administrative functions. Adding to the substantial space, the property includes three additional buildings. Two are open-sided structures, totaling over 6,600 square feet, ideal for outdoor storage or display. The third is a large enclosed warehouse building offering 15,200 square feet of storage space. Convenient drive-thru access from city streets is available for efficient loading and unloading. The property's established business and strategic location make it an attractive proposition for a variety of commercial uses. The asking price is $975,000. This presents a rare chance to acquire a well-established commercial property in a thriving business district.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,225,585
    Hospitality
    $2,954,618
    Educational
    $2,458,208
    Medical
    $2,542,749
    Retail
    $3,823,879

Location Insight

City
Carlyle
County
Clinton
State
Illinois
Latitude
38.6096
Longitude
-89.3721
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,070
$39,140
$65,890
$105,030
-
$117,420
$197,670
$315,090

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