900 Walnut StCarbondale, IL 62901

Property Details for 900 Walnut St

Lot size

1.89 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

15-22-128-017

APU

1522128017

Description

This exceptional medical office building, located at 900 E Walnut St in Carbondale, Illinois, presents a fantastic opportunity for healthcare professionals. The property boasts a total of 24,960 square feet, currently featuring multiple tenancies. There are four individual spaces immediately available, ranging in size from 1,629 to 2,629 square feet, providing flexibility for various medical practices. The building is situated in Jackson County, offering convenient access for patients and staff. The strategic location in Carbondale, IL, zip code 62901, ensures high visibility and accessibility within the community. With 4,752 square feet currently vacant, this presents a unique chance to establish or expand your medical practice in a well-maintained building. The property's classification as a medical office building speaks to its suitability for healthcare-related businesses. The multiple tenancy structure allows for a diverse range of medical services to coexist, creating a synergistic environment. This is an excellent opportunity to secure prime medical office space in a thriving Illinois community. The building's size and layout offer ample room for growth and expansion, making it an ideal investment for long-term success. Contact us today to learn more about this exceptional property and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $18,818,432

  6.5%

  $17,370,860

  7%

  $16,130,084

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,418,291

  Geo Method

  $6,418,291

• Alternative Use

  Use

  Valuation

  Residential

  $21,539,866

  Hospitality

  $19,730,402

  Educational

  $16,415,462

  Medical

  $16,980,016

  Retail

  $25,535,164

Location Insight

City

Carbondale

County

Jackson

State

Illinois

Latitude

37.7271

Longitude

-89.2018

CBSA code

16060

CBSA name

CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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