1950 N Illinois AVE Active Save Request In-Person Tour Request Virtual Tour
Carbondale,IL 62901
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 5,007 sqft
Price per Sqft $47
Subdivision Crawshaw & Stephens
MLS Listing ID 25040149
Year Built 1950
Property Sub-Type 5 Family or More
Property Description
Motivated Seller and fantastic opportunity to start or expand your portfolio with this 9-unit apartment building, already producing income with 8 of the 9 units currently rented. Set on a spacious 1.78-acre rural lot, this property offers strong rental potential with room to grow. Seller plans to make-ready the vacant unit. If you have a vision to turn ordinary into extraordinary, this Building might be the one. Property can use some TLC at units with the long-term tenants of 5-13 years. Tenants are responsible for their electricity, while the owner covers sewer, water, and trash, keeping things simple and low-maintenance. Rent roll available upon request. There are 2-two bedroom apartments and 7-one bedroom apartments. Out of respect for tenants, please do not disturb them. Tenants' rights.
Location
State IL
County Jackson
Interior
Heating Baseboard,Electric
Cooling Window Unit(s)
Laundry None
Exterior
Garage Spaces 1.0
Building
Story 1
Water Public
Structure Type Aluminum Siding
Schools
Elementary Schools Carbondale Dist 95
Middle Schools Carbondale Dist 95
High Schools Carbondale
School District Carbondale Dist 95
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard