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!
0 Bed
0 Bath
0 sq.ft
$0 per sq.ft
$ 199,900
Active
0
25049211
0
0
MIDDLE CARLYLE
Clinton-IL
Commercial Sale
Commercial Sale
$5,254
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 1031 18th Street, Carlyle, IL 62231 | 3/2 | 1,759 | $190,000 | $200,000 105.3% of ask |
Sep 24, 2026 |
| 1530 Livingston Street, Carlyle, IL 62231 | 4/2 | 1,065 | $199,000 | $190,000 95.5% of ask |
Sep 21, 2026 |
| 791 Clinton Street, Carlyle, IL 62231 | 4/2 | 2,609 | $249,000 | $250,000 100.4% of ask |
Sep 15, 2026 |
| 1670 Fayette Street, Carlyle, IL 62231 | 4/3 | 1,232 | $349,900 | $320,000 91.5% of ask |
Sep 14, 2026 |
| 1431 Fairfax Street, Carlyle, IL 62231 | 2/2 | 1,060 | $164,900 | $158,900 96.4% of ask |
Sep 14, 2026 |
| 11150 Slate Drive, Carlyle, IL 62231 | 0/0 | -- | $124,900 | $115,000 92.1% of ask |
Sep 11, 2026 |
Estimate your monthly payment. Adjust the sliders below.
Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.
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!
This exceptional investment opportunity offers the chance to acquire one of Southern Illinois' most recognizable hospitality and entertainment destinations. Situated on more than 10 acres near Carlyle Lake, this turnkey property has been thoughtfully developed into a multi-faceted venue serving guests from throughout the region. Featuring approximately 900 feet of highway frontage and benefiting from an average daily traffic count of approximately 5,000 vehicles, the property enjoys outstanding visibility and exposure that supports both its current operations and future growth opportunities. What began as the dream of a local couple grew into a thriving destination known for its welcoming atmosphere, live entertainment, weddings, special events, dining experiences, and wine production. Through years of dedication and hard work, the owners created a business that has become a gathering place where countless memories have been made. Now, a rare opportunity exists for new ownership to build upon that foundation and elevate the property to its next stage of growth. The property offers nearly 18,000 square feet of improvements designed to support a variety of business operations and revenue streams. Guests can enjoy a full-service restaurant, indoor event facilities, wine tasting experiences, outdoor entertainment venues, and scenic grounds that attract visitors throughout the year. The spacious indoor event center, complete with a separate bar area, provides an ideal setting for weddings, corporate events, private parties, fundraisers, and community gatherings. Outside, two entertainment stages create the perfect atmosphere for concerts, festivals, and seasonal events, while the dedicated wedding venue and picturesque ponds provide a beautiful backdrop for special occasions. With established regional recognition, a loyal customer following, and a strategic location near Carlyle Lake, the property is well-positioned for continued success. Investors and operators will appreciate the flexibility offered by the existing infrastructure and the opportunity to expand programming, increase event bookings, grow tourism traffic, enhance food and beverage operations, expand wine production, or introduce new concepts that capitalize on the property's strong foundation.
This property is currently zoned residential, but could easily be converted to Commercial with a zoning change. 180 feet of Rt. 50 frontage would be a great place for a business. 450 Franklin is also part of this sale and adjoins 410 Franklin. Agent related to Seller.
