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Four-Unit Apartment Building
New
For Sale
$175,000

500 N Westridge Dr, Carbondale, IL 62901

West Carbondale property with current occupancy, front parking, and updated laminate flooring in three apartments.

Property SizeContact for details
Days on Market7

Property Features for 500 N Westridge Dr

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Year Built 1970
Buildings 1
Listing Agency: FIVE STAR REALTY
Listed By: JAMES STEINBACH · License #471003070
Source: Searchillinoishomesforsale
Added: Aug 30 Changed: Sep 4 Last Checked: Sep 4 at 2:22PM

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 FIVE STAR REALTY

Investment Insights

Based on property information with market context.

This four-unit apartment property was built in 1970 and is arranged with two residences on each level. Apartments 1, 2, and 3 have new laminate flooring, while parking is located in front of the building. All four units are rented, providing an established occupancy profile.

Positioned on the west side of Carbondale, the property is near SIH, SIU, and shopping. Residents are responsible for electricity, while ownership covers water and trash. The combination of four residential units, existing parking, and recent flooring improvements provides a straightforward multifamily configuration.

Key Highlights

  • Four apartment units arranged two per level
  • All four units are currently rented
  • New laminate flooring in Apartments 1, 2, and 3

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Hair Salon (Bike/Boat/Book/etc) Store Building Supply Grocery & Convenience Store Bakery Auto Repair Shop

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby

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

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

What type of property is this?
Quadplex - West Carbondale property with current occupancy, front parking, and updated laminate flooring in three apartments.
Where is this quadplex located?
The property is located at 500 N Westridge Dr Carbondale, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Four apartment units arranged two per level; All four units are currently rented; New laminate flooring in Apartments 1, 2, and 3
More about this property
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