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Carterville, MO Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Carterville, Missouri Market population: 6K. Explore income-producing properties with verified cap rates and operating...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Carterville IL Properties: 2.3000%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Carterville IL

Common questions from investors exploring commercial real estate in Carterville IL.

What's the overall investment outlook for Carterville, IL? +
Carterville's 13.2% poverty rate and 96.7% health insurance coverage suggest a relatively stable market with access to employment opportunities, while its top industries in Finance & Insurance and Educational Services indicate a diverse economic base, making it an attractive location for real estate investment.
How does the local economy impact rental demand? +
The city's median household income of $54,474, combined with a strong employment population of 2,721 and top industries like Public Administration and Health Care & Social Assistance, indicates a steady demand for rentals, particularly with an average commute time of 20.6 minutes and a high rate of health insurance coverage.
What role does ethnic diversity play in the local real estate market? +
Carterville's ethnic diversity, with 46.8% White and 2.1% Hispanic populations, contributes to a vibrant community, and when considered alongside the city's low poverty rate and high health insurance coverage, suggests a market with a strong sense of community and stability, which can be beneficial for long-term real estate investments.
How do quality of life metrics influence market stability? +
The average commute time of 20.6 minutes and high health insurance rate of 96.7% in Carterville indicate a high quality of life, which can contribute to a stable real estate market, as residents are more likely to invest in their homes and communities when they have access to good healthcare and convenient transportation options.
What are the implications of the city's homeownership rate and property values for investors? +
Carterville's 69.0% homeownership rate and median property value of $121,100 suggest a market with a strong sense of community investment, and when combined with the city's low poverty rate and diverse economy, indicate a relatively stable market for real estate investment, with potential for long-term appreciation in property values.

Carterville IL Real Estate & City Facts

Key facts and real estate information about Carterville IL.

What are some of the best neighborhoods to live in Carterville? +
Some of the best neighborhoods to live in Carterville include The Orchards, which offers a range of community amenities and events. Additionally, areas like Makanda and Cobden are also popular choices for those looking to live in the surrounding area. It's worth noting that Carterville is a relatively small town, so many neighborhoods offer a quiet and peaceful living environment.
What are some fun things to do in Carterville? +
There are plenty of fun things to do in Carterville, including visiting the Walker Bluff Winery, trying your luck at the Walkers Bluff Casino Resort, or exploring the great outdoors at Cannon Park. If you're looking for something more low-key, you could also check out the local ice cream shop or grab a bite to eat at one of the town's many restaurants, such as Country Cupboard or 22 & Vine.
What is the food scene like in Carterville? +
The food scene in Carterville is surprisingly vibrant, with a range of restaurants serving everything from classic American comfort food to more upscale cuisine. Some popular spots include Country Cupboard, 22 & Vine, and the Dairy Queen Grill & Chill. There are also plenty of great food trucks and local eateries to explore, so you're sure to find something that suits your taste and budget.
What are the pros and cons of living in Carterville? +
One of the main pros of living in Carterville is its small-town charm and tight-knit community. The town also offers a range of outdoor recreational activities and a growing food scene. However, some potential downsides to consider include the limited job opportunities and relatively high poverty rate. Additionally, the town's remote location may make it difficult to access certain amenities or services. Overall, Carterville is a great choice for those looking for a quiet, peaceful living environment, but may not be the best fit for everyone.
Is Carterville a good place to live? +
Whether or not Carterville is a good place to live depends on your individual priorities and preferences. If you're looking for a quiet, small-town environment with a strong sense of community, Carterville may be an excellent choice. The town also offers a range of outdoor recreational activities and a growing food scene, which can be a major plus for some people. However, the limited job opportunities and relatively high poverty rate may be a concern for others. Ultimately, it's worth weighing the pros and cons and doing your own research to determine whether Carterville is the right fit for you.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Carterville IL Commercial Property: $54,474

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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