323 Walnut StCarbondale, IL 62901

For Sale
$100,000

Carbondale, IL: 1-unit apartment building

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 2-story, 1-unit apartment building located at 323 W Walnut St, Carbondale, IL 62901. The property boasts a total square footage of 2,486 square feet, encompassing both the building and lot size. Currently configured as an 8-bedroom student housing unit, it offers significant potential for rental income. The property features one parking space and generates a Net Operating Income (NOI) of $8,980. The asking price is $100,000. This property is individually owned and is part of a larger portfolio of investment properties available for sale, either individually or as a package. The current tenant is under a one-year lease and requires 48-hour notice for showings. The property's APN is 15-21-181-001. This is a prime opportunity for investors seeking a strong return in the Carbondale, Illinois market. The property is managed by the owner.

Highlights

  • 8-bedroom, 2-story apartment building at 323 W Walnut St, Carbondale, IL.
  • 2,486 square feet on the lot.
  • $100,000 asking price with $8,980 NOI.
  • One parking space and currently leased to students (one-year lease, 48-hour notice required for showings).
  • APN: 15-21-181-001.

Property Details for 323 Walnut St

Property type
Multifamily properties, Apartment buildings
Square Feet
2,486 SF
Stories
2
Units
1

Location Insight

City
Carbondale
County
Jackson
State
Illinois
Latitude
37.724896185236
Longitude
-89.22067596905
323 Walnut St, Carbondale, Illinois

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323 Walnut St
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