Six-Unit Multifamily
For Sale
Contact for pricing
1109 W Walkup Avenue, Carbondale, IL 62901
Long-term occupants support established rental operations, with one residence undergoing remodeling.
Property SizeContact for details
Days on Market15
Property Features for 1109 W Walkup Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Net Operating Income
$26,934
Units
Unit Mix
2 x 1BR/1BA, 3 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
6
Building Details
Year Built
1943
Buildings
5
Units
6
Listing Agency:
Coldwell Banker Commercial
Listed By:
Rae Victoria Hanna · License #471022335
Source:
Crexi
Added: Jul 28
Changed: Aug 10
Last Checked: Aug 10 at 6:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial
Investment Insights
Based on property information with market context.
This multifamily portfolio contains six rental units distributed among five properties. The holdings include a one-bedroom, one-bathroom residence, two two-bedroom, one-bathroom residences, a three-bedroom, one-bathroom residence, and a two-unit property with one two-bedroom, one-bathroom unit and one one-bedroom, one-bathroom unit. Most residences are occupied by long-term tenants, including occupants with reported tenures of approximately 8 years, 10+ years, and 20 years. One unit at 1109 W. Walkup Avenue is being remodeled while the other unit at that address has a long-term occupant.
The portfolio includes 715 N. James Street, 521 N. Springer Street, 110 S. Forest Avenue, 1108 W. Walkup Avenue, and 1109 W. Walkup Avenue. The properties date to 1943, providing a multi-address residential income package with established rental history and one unit in active remodeling.
The portfolio includes 715 N. James Street, 521 N. Springer Street, 110 S. Forest Avenue, 1108 W. Walkup Avenue, and 1109 W. Walkup Avenue. The properties date to 1943, providing a multi-address residential income package with established rental history and one unit in active remodeling.
Key Highlights
- Six rental units across five properties
- 715 N. James Street: 1 bedroom, 1 bathroom, with an approximately 8‑year tenant
- 521 N. Springer Street: 2 bedrooms, 1 bathroom, with a tenant of 10+ years
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Explore this area
Business Placement
Demographics for 62901, IL
22,967
Population
12,498
Households
1.8
Avg Household Size
29
Median Age
48%
College-Educated
95%
High-School Grad
27.1 sq mi
ZIP Area
847
Density / Sq Mi
$32,960
Median Household Income
$23,962
Median Earnings
$732
Median Rent
$137,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Long-term occupants support established rental operations, with one residence undergoing remodeling.
Where is this multifamily property located?
The property is located at 1109 W Walkup Avenue Carbondale, IL.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Six rental units across five properties; 715 N. James Street: 1 bedroom, 1 bathroom, with an approximately 8‑year tenant; 521 N. Springer Street: 2 bedrooms, 1 bathroom, with a tenant of 10+ years
