1764 North Illinois Avenue

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1764 North Illinois Avenue

Carbondale, IL 62901
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

What's Special

8500 SQFT with lots of possibilities <p><span style="color: rgba(52, 48, 49, 0.96)">Possibilities of this property are endless. Located on a heavy traffic area, there are many opportunities for various retail businesses or use the covered units for storage of boats or campers. With adequate parking for any kind of bussiness , the property includes two bathrooms and a full service kitchen with an industrial exhaust hood. A new heat/air system was installed in 2023. With over 8,500 square feet, there is plenty of space to start your

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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