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    2030 S Illinois Ave Carbondale, IL 62951

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    For Sale
    $550,000

    9 units across 5 buildings near SIU campus.

    Property size:
    6,000 SF
    Lot size:
    2.28 Acres

    Property Features for 2030 S Illinois Ave

    General Information

    Size
    6,000 SF
    Lot size
    2.28 Acres

    Building Details

    Year built
    1954

    Source: Keller Williams Capital Agent Ginley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Unit Property Near SIU Campus

    This multi-family property, located minutes from Southern Illinois University's campus, features nine units across five buildings. The property includes one 2-bedroom single-family home and four 1-bedroom duplexes. Select units offer washer and dryer hookups, and all units are equipped with appliances. Paved parking is available for 16 to 20 vehicles. One unit has been remodeled, presenting additional opportunities for improvement. The property is professionally managed, offering a turnkey investment. Situated on a private, wooded lot with additional land, the property provides affordable living options that are consistently easy to lease. The original buildings were constructed in 1956, 1968, and 1992. The property size is 6,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.216187
    Latitude
    37.70548

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    FAQs

    What type of property is this?
    Duplex - 9 units across 5 buildings near SIU campus.
    Where is this duplex located?
    The property is located at 2030 S Illinois Ave Carbondale, IL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Turnkey investment with current professional management in place.; - Multi-family property featuring 9 units (one 2-bedroom house and four 1-bedroom duplexes).; - Close proximity to SIU campus.
    Request Owner's contact information
    2030 S Illinois Ave Carbondale, IL 62951
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    Carbondale, IL 62951
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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
    2030 S Illinois Ave Carbondale, IL 62951
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