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26-Unit Apartment Building
For Sale
$1,400,000

2350 S Illinois Ave, Carbondale, IL 62903

Brekonridge Apartments is a 26-unit multifamily property in Carbondale, Illinois.

Property Size19,200 SF
Days on Market39

Property Features for 2350 S Illinois Ave

General Information

Standard status Active
Size 19,200 SF
Property subtype Multifamily
Occupancy 95%

Additional Details

Multifamily Units 26

Amenities

Efficient Operating Structure — Separately Metered Utilities with Tenants Responsible for All Utility Costs
Recent Capital Improvements — Five Roofs Replaced within the Past Three Years
Strong Demand Drivers — Proximity to Southern Illinois University Carbondale, Memorial Hospital of Carbondale, etc.

Building Details

Building Size 19,200 SF
Units 24
Listed By: Yianni Mouflouzelis · License #License(s): IL: 475.205207, MI: 6501455825, IA: S73371000
Source: Marcusmillichap
Added: Aug 28 Changed: Oct 3 Last Checked: Oct 4 at 6:17AM

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 Yianni Mouflouzelis

Investment Insights

Based on property information with market context.

Brekonridge Apartments is a 26-unit apartment property located at 2350 South Illinois Avenue in Carbondale, Illinois. The asset is identified as an apartment building and is offered for sale.

Key Highlights

  • 26‑unit apartment property
  • Brekonridge Apartments name
  • 2350 South Illinois Avenue address

Property Analytics

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Current Use

Breckenridge Apartments Apartment Building

Suggested Use

Top Pick Building Supply Auto Repair Shop Real Estate Agency Garden Center Pharmacy Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26
Residential units

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby

Demographics for 62903, IL

2,473
Population
1,452
Households
1.7
Avg Household Size
35
Median Age
45%
College-Educated
92%
High-School Grad
20.2 sq mi
ZIP Area
122
Density / Sq Mi
$39,526
Median Household Income
$21,083
Median Earnings
$802
Median Rent
$164,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brekonridge Apartments is a 26-unit multifamily property in Carbondale, Illinois.
Where is this apartment building located?
The property is located at 2350 S Illinois Ave Carbondale, IL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 26‑unit apartment property; Brekonridge Apartments name; 2350 South Illinois Avenue address
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