1015 W MAIN Str

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1015 W MAIN Str

Carmi, IL 62821
Asking Price
$140K
Asset Type
Office
Class
Class B

What's Special

1015 West Main Street is located in the heart of Carmi, Illinois, positioned along a primary east-west thoroughfare. The surrounding neighborhood is characterized by a mix of established residential blocks and local commercial enterprises. Nearby amenities include several dining options, retail shops, and essential services within walking distance. The property benefits from high visibility and direct frontage on Illinois Route 1, providing convenient vehicular access for commuters and clients traveling from across White County. This office asset is well-suited for professional services, administrative use, or boutique medical practices. Typical tenants for this location include legal offices, insurance agencies, or regional government branches seeking a centralized presence in the Illinois Wabash Valley. The layout and strategic location make it an ideal fit for small to mid-sized businesses requiring a balance of neighborhood accessibility and professional functionality in a high-traffic area.

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NOI
$80,000
Cap Rate
57.14%
DSCR
9.62
Strong
Cash-on-Cash
170.69%
Monthly Payment
$692.644
Annual Cash Flow
$71,688.277

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