Two-Bedroom Townhome Apartment
For Sale
$720,000
Pending
405-419 East Mill Street Unit 14, Carbondale, IL 62901
Foreclosure offering with 14 two-bedroom townhouse units, each with 1.5 baths and in-unit appliance packages.
Property SizeContact for details
Days on Market355
Property Features for 405-419 East Mill Street Unit 14
General Information
Standard status
Pending
Property subtype
Multi Family 5+ / Flats / Multi Family 5+
Net Operating Income
$93,891
Additional Details
Multifamily Units
14
Taxes and HOA fees
Annual Taxes
$33,309
Building Details
Year Built
2008
Stories
2
Listing Agency:
COMMERCIAL REALTY ASSOCIATES
(618) 303-0700
Listed By:
Rolf Schilling · License #471012048
(618) 303-0700
Source:
Compass
Added: Aug 22, 2025
Changed: Aug 8
Last Checked: Aug 10 at 9:28AM
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 COMMERCIAL REALTY ASSOCIATES
Investment Insights
Based on property information with market context.
This foreclosure property offers 14 two-bedroom townhouse units, each with 1.5 bathrooms. Appliances are included in most units, including washer/dryer, dishwasher, refrigerator, and stove.
The complex includes a large paved parking lot located just seconds from Southern Illinois University’s campus, including the Campus Recreation and Medical Center.
The bank has owned the property for only a few months and does not have rental history or annual expense information available. The public remarks include a projected annual income of $127,000 based on existing income, and note that offers should state, “Property is purchased AS IS with no warranties.”
The complex includes a large paved parking lot located just seconds from Southern Illinois University’s campus, including the Campus Recreation and Medical Center.
The bank has owned the property for only a few months and does not have rental history or annual expense information available. The public remarks include a projected annual income of $127,000 based on existing income, and note that offers should state, “Property is purchased AS IS with no warranties.”
Key Highlights
- 2008‑built foreclosure property with 14 two‑bedroom townhouse units
- Each unit includes 1.5 baths and an in‑unit appliance package (washer/dryer, dishwasher, refrigerator, stove in most units)
- Large paved parking lot on‑site
Property Analytics
Current Use
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
1,583
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Foreclosure offering with 14 two-bedroom townhouse units, each with 1.5 baths and in-unit appliance packages.
Where is this apartment building located?
The property is located at 405-419 East Mill Street Unit 14 Carbondale, IL.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: 2008‑built foreclosure property with 14 two‑bedroom townhouse units; Each unit includes 1.5 baths and an in‑unit appliance package (washer/dryer, dishwasher, refrigerator, stove in most units); Large paved parking lot on‑site
