Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    310-312 W Monroe St Carbondale, IL 62901

    Pending
    For Sale
    $240,000

    Residential Income - Carbondale, IL

    Property size:
    4,050 SF
    Days on Market:
    163
    Last Refresh:
    Dec 11 at 11:06 pm

    Property Features for 310-312 W Monroe St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    APN
    15-21-176-016
    Parking
    8
    Exterior features
    Level
    Size
    4,050 SF

    Utilities

    Heating system
    Forced Air

    Building Details

    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    Commercial Realty Associates (618) 303-0700 [email protected]

    Listing agent Rolf Schilling (618) 303-0701 License #471012048

    Listing date Jul 2, 2025

    MLS# EB458574 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carbondale Income Property Near Downtown

    This residential income property is located within walking distance of downtown Carbondale's restaurants and entertainment venues, adjacent to the Carbondale library, and across from Memorial Hospital. The property consists of a relatively new construction building in good condition. At the time of listing, the two-bedroom units are rented annually, while the one and three-bedroom units are operated as Airbnbs but could also be rented annually. The building has a total living area of 4050 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.219612
    Latitude
    37.726162

    Nearby Similar for Sale

    • $225,000
      2,584 SF

      Spacious Income Property Near Campus

      Move-in ready 6-bedroom home ideal for student housing or investment.
      609 S Poplar St, Carbondale, IL 62901
      View Details
    • $329,000
      2,400 SF

      Spacious Carbondale Property with Barns

      Two-story home on 21 acres with multiple large outbuildings.
      1250 E Park St, Carbondale, IL 62901
      View Details
    • $1,250,000
      15,360 SF

      4 Duplexes Near SIU Campus

      Four well-maintained duplexes near SIU's West Campus, ideal for investors.
      902 W Mill St, Carbondale, IL 62901
      View Details
    • $275,000
      7,849 SF

      Prime Carbondale Commercial Corner Property

      High-visibility commercial building near Southern Illinois University with endless potential.
      718 S Illinois Ave, Carbondale, IL 62901
      View Details
    • $375,000
      10,375 SF

      Versatile Commercial Property in Carbondale

      Spacious commercial property with office, warehouse, and multi-use functionality.
      1275 N Reed Station Rd, Carbondale, IL 62901
      View Details
    • $32,000
      1,196 SF

      Carbondale Multifamily Investment Opportunity

      Four-unit multifamily property near SIU requiring TLC.
      406 S University Ave, Carbondale, IL 62901
      View Details

    FAQs

    What type of property is this?
    Quadplex - Residential income property near downtown Carbondale, Illinois.
    Where is this quadplex located?
    The property is located at 310-312 W Monroe St Carbondale, IL.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - Prime Location: Walking distance to downtown restaurants and entertainment, adjacent to the library, and across from the hospital.; - Income Potential: Currently operating as both annual rentals and Air BNB units.; - Flexible Rental Options: 1 and 3 bedroom units can be easily converted to annual rentals.
    (618) 303-0701
    Request Owner's contact information
    310-312 W Monroe St Carbondale, IL 62901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    310-312 W Monroe St
    Carbondale, IL 62901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    310-312 W Monroe St Carbondale, IL 62901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.