Maintained Duplex
For Sale
$135,000
7002 Hayton School Rd, Carbondale, IL 62902
Two-unit residential property with ongoing month-to-month occupancy and updates throughout the building.
Property Size1,548 SF
Price / SF$87.21
Days on Market82
Property Features for 7002 Hayton School Rd
General Information
Standard status
Active
Size
1,548 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1973
Buildings
1
Listing Agency:
Worth Clark Realty
Listed By:
Robin Bert · License #471.021195
(573) 450-5149
Source:
Nations-network
Added: Jul 28
Changed: Oct 7
Last Checked: Oct 7 at 1:26PM
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 Worth Clark Realty
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Investment Insights
Based on property information with market context.
This duplex contains 1,548 square feet and was built in 1973. The property has been maintained and updated, offering a two-unit configuration suited to residential income ownership.
Both units are occupied under month-to-month arrangements, with several residents described as long-term tenants. The property is located in the Carterville School District, near the Spillway and along the Shawnee Wine Trail. The sale includes lots 809 and 810, with Lot 808 also included by the owner.
Both units are occupied under month-to-month arrangements, with several residents described as long-term tenants. The property is located in the Carterville School District, near the Spillway and along the Shawnee Wine Trail. The sale includes lots 809 and 810, with Lot 808 also included by the owner.
Key Highlights
- 1,548‑square‑foot duplex built in 1973
- Two‑unit residential configuration
- Units remain occupied on month‑to‑month arrangements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,018
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,360
$240.4K
Cap Rate 7%
$171,686
$171.7K
Cap Rate 9%
$133,533
$133.5K
Market Conditions
NOI Build-Up for 1,548 SF
Gross rent
$23.8K $15.36/SF
− Vacancy
−$1.9K −$1.24/SF
EGI
$21.9K $14.12/SF
− OpEx
−$9.8K −$6.35/SF
NOI
$12.0K $7.76/SF
Area
Jackson County, IL
Vacancy
8.10%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,360
Cap Rate 7%
$171,686
Cap Rate 9%
$133,533
Alternative Uses
Best Use
Multifamily LT 5
$197.2K
$172.6K – $230.1K
NOI $13,804 @ 7.0% cap · market cap 10.23%
Second Best
Apartment 5plus
$171.7K
$150.2K – $200.3K
NOI $12,018 @ 7.0% cap · market cap 8.90%
Theoretical Best
Office A
$421.9K
$369.2K – $492.3K
NOI $29,536 @ 7.0% cap · market cap 21.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 62902, IL
4,344
Population
2,340
Households
1.9
Avg Household Size
42
Median Age
47%
College-Educated
95%
High-School Grad
64.3 sq mi
ZIP Area
68
Density / Sq Mi
$75,313
Median Household Income
$30,218
Median Earnings
$899
Median Rent
$184,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with ongoing month-to-month occupancy and updates throughout the building.
Where is this duplex located?
The property is located at 7002 Hayton School Rd Carbondale, IL.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 1,548‑square‑foot duplex built in 1973; Two‑unit residential configuration; Units remain occupied on month‑to‑month arrangements
