226-Unit Apartment
For Sale
Contact for pricing
Pending
511 S Graham Ave, Carbondale, IL 62901
Two multifamily properties offered together or individually in Carbondale, near Southern Illinois University.
Property Size201,560 SF
Days on Market148
Property Features for 511 S Graham Ave
General Information
Standard status
Pending
Size
201,560 SF
Net Rentable
201,560 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
226
Building Details
Year Built
1967
Year Renovated
2010
Units
226
Listing Agency:
Besen Partners
Listed By:
Sam Finkler · License #NY 10401291664
Source:
Crexi
Added: Apr 8
Changed: Sep 2
Last Checked: Sep 1 at 8:47AM
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 Besen Partners
Investment Insights
Based on property information with market context.
This multifamily offering combines Ashburn Court at 511 S. Graham Avenue and The Quads at 1207 S. Wall Street in Carbondale, Illinois. Together, the properties contain 226 apartment units across 201,560 square feet of NRA. Both assets date to 1967.
The portfolio can be acquired as a combined offering, while individual proposals may also be considered. Carbondale is home to Southern Illinois University, and the community’s downtown area draws students, faculty, and visitors throughout the year, supporting ongoing commercial and social activity in the surrounding market.
The portfolio can be acquired as a combined offering, while individual proposals may also be considered. Carbondale is home to Southern Illinois University, and the community’s downtown area draws students, faculty, and visitors throughout the year, supporting ongoing commercial and social activity in the surrounding market.
Key Highlights
- 226 total apartment units across the two‑property offering
- 201,560 SF of combined NRA
- Includes Ashburn Court at 511 S. Graham Avenue
Property Analytics
Property Profile
Current Use
Lease Details
226
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 - Two multifamily properties offered together or individually in Carbondale, near Southern Illinois University.
Where is this apartment building located?
The property is located at 511 S Graham Ave Carbondale, IL.
What is the asking price?
The asking price for this property is $7,350,000.
What are key features of this property?
This property features: 226 total apartment units across the two‑property offering; 201,560 SF of combined NRA; Includes Ashburn Court at 511 S. Graham Avenue
