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112-Unit Apartment Portfolio

607 East Park Street, Carbondale, IL 62901

For Sale
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Two apartment communities are within walking distance of Southern Illinois University Carbondale and SIH Memorial Hospital.

Property SizeContact for details
Days on Market47

Property Features for 607 East Park Street

General Information

Standard status Active
Property subtype Multifamily
Occupancy 88%

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Multifamily Units 112

Building Details

Buildings 2
Listing Agency: MMG St. Louis - Corey Egan
Listed By: Corey Egan · License MO #2014016595
Source: Crexi
Added: Sep 24 Changed: Nov 8 Last Checked: Nov 8 at 4:23PM

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 MMG St. Louis - Corey Egan

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Investment Insights

Based on property information with market context.

The Carbondale portfolio comprises two apartment communities totaling 112 units: The Hill has 46 units, and The Metropolitan has 66. Built in 1969 and 1970, respectively, the properties are situated within walking distance of each other. Combined occupancy was 88% in July 2026.

Both communities are within walking distance of Southern Illinois University Carbondale and SIH Memorial Hospital of Carbondale. The university reported fall 2025 enrollment of 11,785 students and a third consecutive year of spring enrollment growth in 2026.

Key Highlights

  • 112 apartments across two communities: 46 units at The Hill and 66 at The Metropolitan
  • Built in 1969 and 1970, respectively
  • 88% average occupancy in July 2026

Property Analytics

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Lease Details

112
Residential units
88%
Occupancy

Location Intelligence

Trade Area within ½ mile

443
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two apartment communities are within walking distance of Southern Illinois University Carbondale and SIH Memorial Hospital.
Where is this apartment building located?
The property is located at 607 East Park Street Carbondale, IL.
What are key features of this property?
This property features: 112 apartments across two communities: 46 units at The Hill and 66 at The Metropolitan; Built in 1969 and 1970, respectively; 88% average occupancy in July 2026
(314) 655-6048 Call to check price and availability
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