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    512-514 S Beveridge St Carbondale, IL 62901

    Pending
    For Sale
    $560,000

    Residential Income - Carbondale, IL

    Property size:
    16 SF
    Days on Market:
    13
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 512-514 S Beveridge St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    APN
    15-21-327-023
    Parking
    22
    Exterior features
    Level
    Size
    16 SF

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2009
    Number of units
    16
    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 Nov 24, 2025

    MLS# EB459420 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 Residential Income Opportunity

    This residential income property features two buildings with a total of 16 units. The layout includes 14 two-bedroom townhouse units and 2 one-bedroom units. Each unit is equipped with individual utilities. The one-bedroom units are heated by radiant baseboard heat, while the remaining units have forced air systems. Central air conditioning is installed in all units. Laundry hook-ups are available in each unit, and appliances are present in most units. The property is located three blocks from the Southern Illinois University campus. The existing annual income is $113,700. The property is being sold AS IS, without warranties.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -89.220526
    Latitude
    37.722069

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    FAQs

    What type of property is this?
    Apartment building - Two buildings, 16 units near Southern Illinois University campus.
    Where is this apartment building located?
    The property is located at 512-514 S Beveridge St Carbondale, IL.
    What is the asking price?
    The asking price for this property is $560,000.
    What are key features of this property?
    This property features: - Bank Foreclosure: Potential for below-market purchase.; - High Rental Income: Existing annual income of $113,700.; - Multi-Unit Property: Features 16 total units (14 two-bedroom townhouses and 2 one-bedroom units).
    (618) 303-0701
    Request Owner's contact information
    512-514 S Beveridge St Carbondale, IL 62901
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    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
    512-514 S Beveridge St Carbondale, IL 62901
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