$199,900

1031 Fairfax Street, Carlyle IL, 62231

Price per sqft$61.93

Built in1895

Property size3,228 sqft

Property typeCommercial

Courtesy of Equity Realty Group, LLC, Ed Kleber Listing Contact: 618-654-5575

Overview

Active

Listed Jul 23, 2025

Updated 2 weeks ago

Prime Downtown Carlyle Investment Opportunity! This two-story mixed-use property, currently home to the well-established Schleicher’s Bar and Grill, offers a unique blend of business potential and residential comfort. The main level features a fully operational, turn-key bar and grill known for its delicious food and loyal customer base. All kitchen equipment is included, making it ideal for an aspiring restaurateur or seasoned operator. Upstairs, you’ll find a beautifully updated two-bedroom, one-bath apartment with a private exterior entrance. Appliances include; Gas Stove, S.S. fridge, Hot Water Heater & Washer/Dryer. Whether you choose to live on-site or rent it out, the apartment offers flexible use and the potential for approximately $14,000 in annual rental income. Located in the heart of downtown Carlyle, this property combines charm, visibility, and income-generating potential—all in one!

Other Property Details

Taxes: $5,254
Tax Frequency: Annually

Listings courtesy of MARIS MLS as distributed by MLS GRID

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