Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

1515 Walnut St Murphysboro, IL 62966

  • Commercial real estate
  • 0.12 lot acres
Value Estimation
Last Sale
Jul 28, 2021
$50,000
Location Intelligence
Property ID
US28-2736034
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1515 Walnut St

Lot size
0.12 lot acres
Property type
Commercial real estate
APN
14-04-357-007
APU
1404357007

Description

This exceptional Murphysboro, IL property, located at 1515 WALNUT Street, 62966, presents a unique investment opportunity. Priced at $165,000, this commercial land features two buildings constructed in 1990 on a lot zoned for both residential and commercial use. The main building, originally built in 1898 and remodeled in 1990, offers spacious rooms with high ceilings, perfect for a variety of commercial ventures. Its past uses include a hair salon and florist shop, suggesting suitability for boutiques, offices, or creative studios. Alternatively, the adaptable space could easily be converted into residential living quarters. A separate garage apartment/cottage is currently generating income as a short-term rental, providing immediate return on investment. This property's versatility, combined with its charming character and prime location in Jackson County, Illinois, makes it an ideal choice for entrepreneurs seeking a live-work space or investors looking for a promising commercial venture. The property's latitude and longitude coordinates are 37.7641088, -89.3400824 respectively. This is a rare opportunity to acquire a property with significant potential in a desirable location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Murphysboro
County
Jackson
State
Illinois
Longitude
-89.3401
Latitude
37.7641
CBSA code
16060
CBSA name
CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,157
$2,598
$16,467
$19,065
-
$7,794
$49,401
$57,195
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message