47 Photos

$210,000

1031 Fairfax Street

MIDDLE CARLYLE, Carlyle, Illinois, 62231

MLS® 25049211 · Listed by Equity Realty Group, LLC

0 bedroomsCommercial Sale335 days on marketBuilt 1895Lot 0.1500 acres$5,254 taxes (2024)Central Air

About this property

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!

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MLS® data for this listing last updated Jul 1, 2026.

Market snapshot

The MIDDLE CARLYLE, Carlyle market

Closed sales in MIDDLE CARLYLE, Carlyle over the last 12 months.

$125,000

Median sold price

34

Avg. days on market

5

Homes sold

Median sold price by month

Median sold price trend from Nov 2025 ($46,000) to Sep 2026 ($131,000)Nov 2025Sep 2026