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    Carbondale, IL Apartment Buildings for Sale

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    Murphysboro, IL Makanda, IL Carterville, IL
    Multifamily Investment Near SIU Campus
    $720,000
    12,852 SF

    Multifamily Investment Near SIU Campus

    402-408 Hester Street, Carbondale, IL 62901

    Investment opportunity near Southern Illinois University campus.

    • Investment opportunity across the street from Southern Illinois University's campus, recreation center and medical services building.
    • Discounted price due to recent bank foreclosure.
    • Majority of units are currently rented.
    • Last valued at $1.1M.
    • Newer construction (built in 2008).
    Updated: Jul 1, 2025
    View details
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 1 Active listings in Carbondale, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Neoclassical Revival Multifamily Property
    $425,000
    6,027 SF

    Historic Neoclassical Revival Multifamily Property

    Historic property near SEMO campus with income potential.

    325 N Sprigg Street, Cape Girardeau, MO 63701
    View details
    Cape Girardeau Investment Opportunity
    $599,900
    5,943 SF

    Cape Girardeau Investment Opportunity

    Apartment complex near SEMO with nine units and expansion potential.

    239 N Middle Street, Cape Girardeau, MO 63701
    View details
    Farmington Multifamily Portfolio Opportunity
    Contact for pricing

    Farmington Multifamily Portfolio Opportunity

    Two multifamily properties in Farmington, Missouri, with value-add potential.

    601 Wallace Road, Farmington, MO 63640
    View details
    Farmington Multifamily Portfolio Opportunity
    Contact for pricing

    Farmington Multifamily Portfolio Opportunity

    Two multifamily properties in Farmington, Missouri, totaling 135 units.

    4826 Red Rooster Road, Farmington, MO 63640
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
    View details

    Off-Market Properties in Carbondale, IL

    Consider similar Off-Market properties in Carbondale, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    314 Elm St

    314 Elm St

    Multifamily properties • 1,200 SF
    Value Estimation by Request
    314 Elm St, Carbondale, IL 62901
    View details
    406 University Ave

    406 University Ave

    Multifamily properties • 1,196 SF
    Value Estimation by Request
    406 University Ave, Carbondale, IL 62901
    View details
    405 Ash St

    405 Ash St

    Multifamily properties • 1 SF
    Value Estimation by Request
    405 Ash St, Carbondale, IL 62901
    View details
    310 College St

    310 College St

    Multifamily properties • 3,061 SF
    Value Estimation by Request
    310 College St, Carbondale, IL 62901
    View details
    505 Main St

    505 Main St

    Multifamily properties
    Value Estimation by Request
    505 Main St, Carbondale, IL 62901
    View details
    303 Beveridge St

    303 Beveridge St

    Multifamily properties • 768 SF
    Value Estimation by Request
    303 Beveridge St, Carbondale, IL 62901
    View details
    2202 Illinois Ave

    2202 Illinois Ave

    Multifamily properties • 2,016 SF
    Value Estimation by Request
    2202 Illinois Ave, Carbondale, IL 62903
    View details
    704 Walnut St

    704 Walnut St

    Multifamily properties • 1,479 SF
    Value Estimation by Request
    704 Walnut St, Carbondale, IL 62901
    View details
    507 Hays Ave

    507 Hays Ave

    Multifamily properties • 1,607 SF
    Value Estimation by Request
    507 Hays Ave, Carbondale, IL 62901
    View details
    412 Hester St

    412 Hester St

    Multifamily properties • 2,550 SF
    Value Estimation by Request
    412 Hester St, Carbondale, IL 62901
    View details
    701 James St

    701 James St

    Multifamily properties • 2,155 SF
    Value Estimation by Request
    701 James St, Carbondale, IL 62901
    View details
    323 Walnut St

    323 Walnut St

    Multifamily properties • 2,486 SF
    Value Estimation by Request
    323 Walnut St, Carbondale, IL 62901
    View details
    414 Sycamore St

    414 Sycamore St

    Multifamily properties • 1,272 SF
    Value Estimation by Request
    414 Sycamore St, Carbondale, IL 62901
    View details
    317 Mill St

    317 Mill St

    Multifamily properties • 1,344 SF
    Value Estimation by Request
    317 Mill St, Carbondale, IL 62901
    View details
    407 Monroe St

    407 Monroe St

    Multifamily properties • 2,113 SF
    Value Estimation by Request
    407 Monroe St, Carbondale, IL 62901
    View details

    Carbondale, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 16 apartment buildings for sale in Carbondale, IL on our real estate platform. These investment opportunities span a total of 12,852 square feet of properties for sale, with an estimated market value of $720,000.

    Sale prices for two-family homes in Carbondale, IL start at $720,000, averaging $720,000, and reaching up to $720,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Carbondale fall within the 100,000+ square foot range.

    Demographics Overview

    Population 30K
    Population Growth (5Y) -13.8%
    Median Household Income $39,540
    College Educated 70.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Carbondale submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    62901 $467.5K

    Taxes & Financing

    Tax Rate (average for all types) 11.41%
    Average Loan-to-Value 65.0%

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