Metal chalcohalides are promising candidates for next-generation technologies that include energy conversion, information storage, and quantum computing. Among them, antimony selenoiodide (SbSeI) has received rising interest for different optoelectronic devices, including photovoltaics, due to its bandgap energy, strong optical absorption, stability, and earth abundant, low-cost, and low toxicity constituents. In this work, SbSeI thin films were prepared through a two-step process. At first, antimony selenide (Sb2Se3) thin films were deposited at 300 °C (Sb2Se3-300) and at room temperature (Sb2Se3-RT) onto molybdenum covered soda-lime glass substrates by a magnetron sputtering method. The formation of SbSeI thin films was performed by isothermally annealing the as-deposited Sb2Se3 thin films in sealed quartz ampoules in the atmosphere of antimony iodide (SbI3) with the presence of 100 Torr of argon pressure. The influence of the annealing temperature and time during the iodization of different types of substrates on the morphology and composition of SbSeI thin films was investigated. The well-oriented and dense single-phase SbSeI thin films with stoichiometric composition and single-crystal micro-columnar structures were achieved by annealing Sb2Se3-RT in SbI3 atmosphere at 250 °C for 5 min under 100 Torr of Ar pressure. The room temperature photoluminescence (RT-PL) of SbSeI exhibited a broad asymmetric PL band with a maximum at 1.67 eV. The low-temperature (T = 8 K) PL study of SbSeI showed a broad and asymmetric PL band at 1.4 eV, being quite distant from the bandgap. This PL band at 1.4 eV with obtained small thermal quenching activation energy of 12.7 meV is proposed to originate from the deep donor-deep acceptor pair (DD-DA) recombination.