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    2310 Illinois Ave Carbondale, IL 62903
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    Property profile & analytics

    2310 Illinois Ave Carbondale, IL 62903


    • Investment properties
    • 1.00 lot acres
    Carbondale Multi-Family Investment For Sale
    $795,000
    11,000 SF

    Carbondale Multi-Family Investment

    High-yield, 17-unit income property.

    2310 Illinois Ave, Carbondale, IL 62903
    View Listing
    Property ID
    US28-3494505
    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.

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    Cap Rate Potential
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    • Investment properties

    Property Details for 2310 Illinois Ave

    Lot size
    1.00 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    15-33-326-002
    APU
    1533326002

    Description

    This exceptional investment opportunity presents a well-maintained, city-inspected income-producing property situated on a one-acre lot in Carbondale, Illinois. The property comprises three buildings: a single-family home with one bedroom and one bathroom, and two eight-unit apartment buildings, each unit offering one bedroom and one bathroom. A key feature is that each unit includes its own laundry facilities, enhancing tenant appeal and convenience. The total square footage encompasses 11,000 square feet, providing substantial rental income potential. The property's strategic location offers significant advantages. It's conveniently located within minutes of downtown Carbondale and just one mile south of Southern Illinois University, ensuring a consistent demand for rental units from students and the local community. Major shopping complexes are only two miles away, providing residents with easy access to retail amenities. This turnkey investment is ready for an immediate return, offering a rare chance to acquire a substantial multi-family property in a thriving market. The property's strong occupancy rates and consistent rental income stream make it an attractive proposition for both seasoned investors and those seeking to diversify their portfolio. The well-maintained condition of the buildings minimizes immediate capital expenditure needs, allowing for a swift and profitable return on investment.


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    Location Insight

    • Map
    • Local Demand
    City
    Carbondale
    County
    Jackson
    State
    Illinois
    Longitude
    -89.22
    Latitude
    37.6927
    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
    $18,511
    $5,641
    $166,422
    $172,063
    -
    $16,923
    $499,266
    $516,189
    View Listing
    More about this property
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