Updated 4-Plex
For Sale
Contact for pricing
1457 W Lake Drive, Murphysboro, IL 62966
Four updated units include new mini-split HVAC, with coin-operated laundry available on-site.
Days on Market8
Property Features for 1457 W Lake Drive
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Business Included
No
Multifamily Units
4
Amenities
on-site coin operated washer and dryer
Building Details
Year Built
1969
Tenancy
Multi
Listing Agency:
PAUL WILSON REALTY
Listed By:
BETH WILSON · License #471.023108
Source:
Crexi
Added: Jul 23
Changed: Jul 28
Last Checked: Jul 29 at 4:11PM
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 PAUL WILSON REALTY
Investment Insights
Based on property information with market context.
This four-unit property is presented as a 4-plex with multiple updates across the building. Each unit has been updated with new mini split HVAC units. Three of the units also feature updated LVP flooring and fresh paint. The electric is metered separately, while the owner pays for water and trash. An on-site coin-operated washer and dryer is located on the lower level for tenant use. A brand-new roof was installed on 7/26.
The property is located conveniently between Carbondale and Murphysboro in a rural setting.
For buyers seeking an income-producing residential property with separate electric metering and shared, coin-operated laundry, this 4-plex offers a recently updated and maintained exterior and mechanical system upgrades across the units.
The property is located conveniently between Carbondale and Murphysboro in a rural setting.
For buyers seeking an income-producing residential property with separate electric metering and shared, coin-operated laundry, this 4-plex offers a recently updated and maintained exterior and mechanical system upgrades across the units.
Key Highlights
- 4‑plex built in 1969 in a rural setting between Carbondale and Murphysboro
- All units have been updated with new mini‑split HVAC units
- 3 units include updated LVP flooring and paint
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 62966, IL
14,026
Population
7,125
Households
2
Avg Household Size
43
Median Age
23%
College-Educated
90%
High-School Grad
111.0 sq mi
ZIP Area
126
Density / Sq Mi
$54,242
Median Household Income
$32,109
Median Earnings
$681
Median Rent
$117,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four updated units include new mini-split HVAC, with coin-operated laundry available on-site.
Where is this quadplex located?
The property is located at 1457 W Lake Drive Murphysboro, IL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 4‑plex built in 1969 in a rural setting between Carbondale and Murphysboro; All units have been updated with new mini‑split HVAC units; 3 units include updated LVP flooring and paint