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1011 Fairfax Street

CARLYLE, IL 62231
  • $195,000
  • STATUS: Active
  • ON SITE: 57 Days
  • ID#: 25069159
UPDATED: 67 min ago
$195,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

Description

Endless Possibilities Bar with Income-Producing Apartments! Here's your chance to own a versatile mixed-use property in a prime, high-traffic location with incredible potential! Once home to a thriving bar and restaurant, this building is ready for new life and a new vision. The main level features a spacious bar and dining area, complete with fixtures, bar equipment, and furnishings that stay, making it easy to reopen or redesign for your own concept. Whether you're dreaming of a lively pub, casual eatery, coffeehouse, or entertainment venue ? the possibilities are truly endless. Upstairs, you'll find two rental units, one 2-bedroom apartment and one efficiency unit, both occupied by long-term tenants, providing consistent income to help offset ownership expenses. Situated in a desirable, well-traveled area, this property offers great visibility and convenient street parking for patrons. With strong community roots and a layout suited for multiple uses, it's a solid investment for entrepreneurs, investors, or anyone ready to bring a new idea to life. Highlights: Turnkey bar setup, fixtures & furnishings included One 2-bedroom apartment and one efficiency unit with long-term tenants

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Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-12-13T22:39:08.477.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/168936000
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1011 Fairfax Street CARLYLE, IL 62231

  • Price: $195,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 67 min ago
  • ID#: 25069159
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1930
Built
Neighborhood:
Middle Carlyle
County:
Clinton
Property Description
Endless Possibilities Bar with Income-Producing Apartments! Here's your chance to own a versatile mixed-use property in a prime, high-traffic location with incredible potential! Once home to a thriving bar and restaurant, this building is ready for new life and a new vision. The main level features a spacious bar and dining area, complete with fixtures, bar equipment, and furnishings that stay, making it easy to reopen or redesign for your own concept. Whether you're dreaming of a lively pub, casual eatery, coffeehouse, or entertainment venue ? the possibilities are truly endless. Upstairs, you'll find two rental units, one 2-bedroom apartment and one efficiency unit, both occupied by long-term tenants, providing consistent income to help offset ownership expenses. Situated in a desirable, well-traveled area, this property offers great visibility and convenient street parking for patrons. With strong community roots and a layout suited for multiple uses, it's a solid investment for entrepreneurs, investors, or anyone ready to bring a new idea to life. Highlights: Turnkey bar setup, fixtures & furnishings included One 2-bedroom apartment and one efficiency unit with long-term tenants
Exterior Features

Carport YN No Construction Materials BlockConcreteVinyl Siding Fencing Back YardFencedVinyl Foundation Details Combination Lot Size Source Public Records Road Frontage Type City Street Road Surface Type Asphalt Waterfront YN No

Interior Features

Appliances CooktopGas CooktopFree-Standing FreezerRefrigerator Cooling Central Air Heating Forced Air Laundry Features Sink Main And Upper Level Bathrooms 0 Main And Upper Level Bedrooms 0 Stories Total 2

Property Features

Association Southwestern Illinois Board of REALTORS Auction YN No Building Area Total 3000 Building Features BathroomsKitchen Facilities Business Type Bar/Tavern/Lounge Current Use Bar/Tavern/Lounge Disclosures Lead Paint Electric Other Gross Income 0 Inclusions BuildingFixtures Listing Terms CashConventional Ownership Type Private Possession Close Of Escrow Section 18/08 Special Listing Conditions Standard Tax Annual Amount 2288 Tax Annual Amount Description No Exemptions Tax Exempt YN No Tax Legal Description Deed to govern Tax Year 2023 Tenant Pays All Utilities Topography Flat Utilities Cable Available

Listing provided courtesy of Equity Realty Group, LLC: 618-526-0021. Listing information © 2025 Mid America Regional Information Systems, Inc.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-12-13T22:39:08.477.

Fusion Realty, LLC: 618.781.9170
 
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