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Carbondale Quadplex Investment Opportunity
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501 S HAYS Avenue, Carbondale, IL 62901

Four-bedroom unit in Carbondale, being sold AS IS.

Property SizeContact for details
Days on Market216

Property Features for 501 S HAYS Avenue

General Information

Standard status Active
Class B
Property subtype Multifamily
Zoning R-3
Listing Agency: Commercial Realty Associates
Listed By: Rolf Schilling · License #IL
Source: Crexi
Added: Jan 7 Changed: Aug 8 Last Checked: Jul 23 at 10:51AM

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 property is a four-bedroom unit located on a quiet, one-way street in southwest Carbondale. The property is being sold AS IS with no warranties and requires TLC. It is priced accordingly. The property has been vacant and shows no expenses.

Key Highlights

  • Low Price: Priced at $44,900.
  • 4 Bedrooms/2 Baths: Offers ample living space.
  • Investment Opportunity: Being liquidated by owner.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Locksmith Grocery & Convenience Store HVAC Service Tech Support Center

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

Location Intelligence

Trade Area within ½ mile

1,410
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 - Four-bedroom unit in Carbondale, being sold AS IS.
Where is this quadplex located?
The property is located at 501 S HAYS Avenue Carbondale, IL.
What is the asking price?
The asking price for this property is $44,900.
What are key features of this property?
This property features: Low Price: Priced at $44,900.; 4 Bedrooms/2 Baths: Offers ample living space.; Investment Opportunity: Being liquidated by owner.
(618) 303-0700 Call to check price and availability
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