6997 Apple Lane Carbondale, IL 62902
MULTI_FAMILY - Bungalow - Carbondale, IL
Property Features for 6997 Apple Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 1
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bathroom 1
- Parking features
- Driveway, Carport
- Standard status
- Active
- APN
- 05-32-258-030/31/32/33
- Size
- 929 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1499
Utilities
- Heating system
- Radiant
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Laminate
- Building materials
- Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Bungalow
Listing agent Robin Bert License #471.021195 (314) 222-0065
Listing office Worth Clark Realty 101 W Vandalia St. Suite 125, Swansea, IL (800) 991-6092
Listing date Apr 29, 2026
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The seller indicates the sale may include additional land. Seller is adding an extra lot to each unit, which would give 3 or 4 lots. The unit(s) included with this listing are described as lots 859, 860, 861, and 862, and the owner may also include some of the lots between 6929 and 6997 Apple Lane in the sale.
For investors or first-time landlords, the current month-to-month tenancy provides an operating starting point while offering flexibility for leasing decisions. The listing also states that tours for qualified buyers are available with a bank letter or preapproval. The property is noted as being not far from the Spillway and on the Shawnee Wine Trail, and it is in the Carterville School district.
Key Highlights
- 4 duplex units and 1 triplex in the complex, with month‑to‑month tenancies that stay rented
- Seller has improved and updated the complex and added an extra lot to each unit (potentially 3 or 4 lots total)
- Included lots: 859, 860, 861, and 862; owner may include additional lots between 6929 and 6997 Apple Lane
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.8k | $13.80 |
| − Vacancy | −$986 | −$1.06 |
| EGI | $11.8k | $12.74 |
| − OpEx | −$3.6k | −$3.82 |
| NOI | $8.3k | $8.92 |
