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6-Unit Apartment Building
New
For Sale
$150,000

519 Rawlings Street, Carbondale, IL 62901

Commercial Sale, Carbondale, IL

Property SizeContact for details
Lot Size0.26 Acres
Days on Market6

Property Features for 519 Rawlings Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Directions 519 S. Rawlings St. Carbondale Il, 62901
Subdivision Carbondale
Standard status Active
APN 1521326009
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14459

Utilities

Cooling system Central Air

Building Details

Year built 1987
Floors in Building 2
Number of units 6
Building materials Vinyl Siding, Frame
Listing Agency: RE/MAX REALTY CENTRAL · RE/MAX International
Listed By: LINDSEY FISHER HUDSON
Added: Oct 6 Last Checked: Oct 11 at 1:06PM
MLS# 12775661

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 six-unit apartment property contains two four-bedroom, two-bath units and four three-bedroom, two-bath units. Built in 1987, the building has frame construction with vinyl siding and central air conditioning. The site measures 0.26 acres and is zoned MULTI.

The property is near SIU. Showings of tenant-occupied units require 24 hours’ notice.

Key Highlights

  • Six apartments: two with 4 bedrooms and 2 bathrooms; four with 3 bedrooms and 2 bathrooms
  • 0.26‑acre site zoned MULTI
  • Near SIU

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Bakery Grocery & Convenience Store HVAC Service Furniture & Home Goods

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,459
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?
Apartment building - The unit mix includes three- and four-bedroom apartments, each with two bathrooms.
Where is this apartment building located?
The property is located at 519 Rawlings Street Carbondale, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Six apartments: two with 4 bedrooms and 2 bathrooms; four with 3 bedrooms and 2 bathrooms; 0.26‑acre site zoned MULTI; Near SIU
More about this property
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