1950 Illinois Ave, Carbondale, IL 62901-5616

This exceptional investment opportunity presents a nine-unit apartment building situated on a spacious 1.8-acre lot in Carbondale, Illinois, at 1950 N Illinois Avenue. Currently boasting an impressive 8 out of 9 units occupied, this property offers immediate cash flow potential. The seller has provided a detailed rent roll for prospective buyers to review, demonstrating the strong rental income generated. A significant advantage is that tenants are responsible for their own electricity, minimizing the owner's operational expenses. The owner covers sewer, water, and trash services. The property's substantial land area of 1.8 acres provides ample space and potential for future development or expansion. Due to tenant privacy concerns, interior access is strictly limited to prospective buyers under a contract with a contingency allowing for inspection prior to closing. This ensures the comfort and respect of the current residents. This is a rare chance to acquire a well-maintained, high-occupancy multifamily property in a desirable location. The financial details and rent roll are available upon request. Serious inquiries only. This property is being sold as-is.