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Two-Building Townhome-Style Apartment
For Sale
Contact for pricing
Pending

512 S Beveridge Street 16, Carbondale, IL 62901

Two buildings totaling 16 units, featuring central air and individual utilities with laundry hookups.

Property SizeContact for details
Days on Market307

Property Features for 512 S Beveridge Street 16

General Information

Standard status Pending
Property subtype Multifamily
Net Operating Income $83,998

Building Details

Year Built 2009
Stories 2
Units 16
Listing Agency: Commercial Realty Associates
Listed By: Rolf Schilling · License #IL
Source: Crexi
Added: Oct 9, 2025 Changed: Aug 8 Last Checked: Jul 24 at 2:23PM

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 for-sale multifamily property includes two buildings and 16 total units, consisting of 14 two-bedroom townhouse-style units and 2 one-bedroom units. Unit features include individual utilities, central air conditioning, and laundry hookups. One-bedroom units have radiant baseboard heat, while the remaining units use forced air; appliances are included in most units. The property is offered for sale AS IS with no warranties.

The buildings are located approximately three blocks from the Southern Illinois University campus.

Reported existing income is $113,700 annually. The property is a bank foreclosure transaction and must be evaluated in its current condition as-is.

Key Highlights

  • 2 buildings totaling 16 units: 14 two‑bedroom townhouse units and 2 one‑bedroom units
  • Central air conditioning in all units, with individual utilities and laundry hook‑ups
  • Heating mix: one‑bedroom units have radiant baseboard heat; other units use forced air

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Locksmith Bakery Computer & Electronic Repair

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

1,484
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?
Apartment building - Two buildings totaling 16 units, featuring central air and individual utilities with laundry hookups.
Where is this apartment building located?
The property is located at 512 S Beveridge Street 16 Carbondale, IL.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: 2 buildings totaling 16 units: 14 two‑bedroom townhouse units and 2 one‑bedroom units; Central air conditioning in all units, with individual utilities and laundry hook‑ups; Heating mix: one‑bedroom units have radiant baseboard heat; other units use forced air
(618) 303-0700 Call to check price and availability
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