Specialty Repositioning
For Sale
Contact for pricing
509 S Graham Ave, Carbondale, IL 62901
Specialty property with recent upgrades including windows and roof, currently with reduced occupancy following the pandemic.
Property SizeContact for details
Days on Market120
Property Features for 509 S Graham Ave
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
JDS Real Estate Services, Inc.
(213) 446-5366
Listed By:
Jennifer Stein · License #1001185
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 8:18AM
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 JDS Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This specialty commercial property is being offered for sale as a value-add repositioning opportunity. The property has historically produced strong cash flow, but occupancy has declined due to the pandemic. Recent improvements include upgrades to windows, the roof, and unit improvements.
The public remarks indicate the property and a university are positioned to recover post-pandemic. Additional details regarding building configuration, available units, or current tenant mix are not provided in the information available.
Prospective buyers can review the recent upgrade scope and current occupancy status as part of their due diligence to assess the property’s next phase.
The public remarks indicate the property and a university are positioned to recover post-pandemic. Additional details regarding building configuration, available units, or current tenant mix are not provided in the information available.
Prospective buyers can review the recent upgrade scope and current occupancy status as part of their due diligence to assess the property’s next phase.
Key Highlights
- Specialty property with recent upgrades including windows and roof
- Currently has reduced occupancy following the pandemic
- Unit upgrades have been completed, along with other recent improvements
Property Analytics
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Specialty property with recent upgrades including windows and roof, currently with reduced occupancy following the pandemic.
Where is this specialty property located?
The property is located at 509 S Graham Ave Carbondale, IL.
What are key features of this property?
This property features: Specialty property with recent upgrades including windows and roof; Currently has reduced occupancy following the pandemic; Unit upgrades have been completed, along with other recent improvements
