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Two-Unit Duplex with Basement
For Sale
$60,000

508 N Michaels Street, Carbondale, IL 62901

Residential Income, Carbondale, IL

Property SizeContact for details
Days on Market18

Property Features for 508 N Michaels Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Parking 4
Parking features Assigned, Driveway, Off Street
Basement Unfinished, Full
Elementary school Carbondale Community High School
Middle school Carbondale Community High School
High school Carbondale Community High School
Elementary school district 165
Middle school district 165
High school district 165
Directions From West Sycamore, turn onto N Michaels. Property will be on the left side.
Subdivision Carbondale
Standard status Active
APN 1516382006

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1977

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

shared basement

Building Details

Year built 1928
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: Landmark Realty Group
Listed By: WESLEY HUMPHREY
Added: Sep 9 Changed: Sep 17 Last Checked: Sep 26 at 10:06PM
MLS# 12750499

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each configured with 1 bedroom and 1 full bathroom. Long-term renters are already in place, and shared basement space provides additional storage and utility capacity. The property was built in 1928 and features vinyl siding, an asphalt roof, and natural gas heating.

Parking is provided through off-street spaces, a driveway, and assigned parking. Public water and public sewer serve the property. Located at 508 N Michaels Street in Carbondale, Illinois, the duplex offers an established two-unit configuration with existing occupancy and practical supporting features.

Key Highlights

  • Two‑unit duplex with 1 bedroom and 1 full bathroom in each unit
  • Long‑term renters already in place
  • Shared basement space for additional storage and utility use

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Locksmith Carpet & Flooring Store Catering Service Grocery & Convenience Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,104
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
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?
Duplex - Both units have long-term renters and practical one-bedroom, one-bath layouts.
Where is this duplex located?
The property is located at 508 N Michaels Street Carbondale, IL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Two‑unit duplex with 1 bedroom and 1 full bathroom in each unit; Long‑term renters already in place; Shared basement space for additional storage and utility use
More about this property
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