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101 W Monroe & 201 S University 101 W Monroe St 8,168 SF Retail Building Carbondale, IL 62901 $2,722,044 CAD ($333.26 CAD/SF) 3.97% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Located in Downtown Carbondale
  • Well-established business

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Bar
Building Size
8,168 SF
Year Built
1966
Price
$2,722,044 CAD
Price Per SF
$333.26 CAD
Cap Rate
3.97%
NOI
$107,949 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.19 AC

AMENITIES

  • Fenced Lot
  • Storage Space
  • Air Conditioning

ABOUT 101 W MONROE ST , CARBONDALE, IL 62901

Located in the heart of Carbondale, 101 Monroe offers a rare opportunity to own a well-established, thriving business in one of the city’s most promising areas. Ideally located between the soon-to-be-completed Southern Illinois Multimodal Station and the highly anticipated Downtown Entertainment Plaza, this property is set to benefit from increased traffic and visibility. This iconic establishment boasts a strong local following, consistent revenue, and multiple income streams. With ongoing upgrades and a solid reputation for service and entertainment, it’s a true turn-key opportunity for an investor or entrepreneur ready to step into success. The seller is ready to retire and will consider seller financing for qualified buyers—making this an even more attractive investment. Let's get your tour scheduled!

Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

First Mid Bank
Regions Bank
Schnucks
Sunny Street Cafe
CrossFit
Starbucks
Fazoli's

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-21-256-001
  • 15-21-256-003
  • 15-21-256-002
Land Assessment
$33,780 CAD
Improvements Assessment
$126,084 CAD
Total Assessment
$159,864 CAD
  • Listing ID: 33488510

  • Date on Market: 2024-10-11

  • Last Updated:

  • Address: 101 W Monroe St, Carbondale, IL 62901

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