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Duplex with Additional Lot
For Sale
$135,000

7002 Hayton School Road, Carbondale, IL 62902

Residential Income, Carbondale, IL

Property Size1,548 SF
Lot Size0.23 Acres
Price / SF$87.21
Days on Market154

Property Features for 7002 Hayton School Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 1
Appliances Range, Refrigerator
Subdivision Lakewood Park
Elementary school CARTERVILLE DIST 5
Middle school CARTERVILLE DIST 5
High school Carterville
Elementary school district CARTERVILLE DIST 5
Middle school district CARTERVILLE DIST 5
High school district CARTERVILLE DIST 5
Directions Just outside of Carbondale off Hwy 13, turn onto Spillway Road. Go about 3 miles and turn onto Hayton School Road. You can also turn onto Apple Lane and it circles around to Hayton School Rd. You can also get there from Grassy Road to Spillway if coming from Marion. GPS friendly. NO SIGNAGE
Standard status Active
APN 05-32-258-017
Size 1,548 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1380

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s), Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1973
Floors in Building 1
Number of units 2
Flooring type Laminate, Vinyl
Building materials Frame, Vinyl Siding
Roof type Shingle
Architectural style Bungalow
Listing Agency: Worth Clark Realty
Listed By: Robin Bert · License #471.021195
Added: May 5 Changed: Sep 28 Last Checked: Oct 5 at 1:06PM
MLS# 26025843

Copyright © 2026 Mid America Regional Information Systems, Inc. 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 bungalow-style duplex contains 1,548 square feet on a 0.23-acre parcel. Built in 1973, the property has frame construction with vinyl siding, laminate and vinyl flooring, forced-air heat, and wall or window cooling. A range and refrigerator are included, along with a shingle roof and public water service.

The sale includes lots 809 and 810, with lot 808 also included by the owner. The units are occupied on a month-to-month basis, and the property is situated within the Carterville School district. It is located not far from the Spillway and the Shawnee Wine Trail.

Key Highlights

  • 1,548‑square‑foot bungalow‑style duplex
  • 0.23‑acre parcel with lots 809, 810, and 808 included
  • Built in 1973 with frame construction and vinyl siding

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 (±1% cap)
NOI $13,804 @ 7.0% cap · market cap 10.23%
Second Best
Apartment 5plus
$171.7K
$150.2K – $200.3K (±1% cap)
NOI $12,018 @ 7.0% cap · market cap 8.90%
Theoretical Best
Office A
$421.9K
$369.2K – $492.3K (±1% cap)
NOI $29,536 @ 7.0% cap · market cap 21.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

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
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?
Duplex - Bungalow-style duplex with public water and month-to-month tenancy.
Where is this duplex located?
The property is located at 7002 Hayton School Road 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 bungalow‑style duplex; 0.23‑acre parcel with lots 809, 810, and 808 included; Built in 1973 with frame construction and vinyl siding
More about this property
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