303 Beveridge St, Carbondale, IL 62901
This exceptional investment opportunity presents a charming 1-unit apartment building located at 303 S Beveridge St, Carbondale, IL 62901. Built in 1923, this single-story structure boasts 768 square feet of net rentable space situated on a 768 square foot lot. The property includes one parking space and offers a strong net operating income (NOI) of $8,375. Currently tenant-occupied under a one-year lease, 48-hour notice is required for showings. The property is individually owned and is not subject to a ground lease. This is a fantastic addition to any portfolio, offering a solid return on investment. The property is part of a larger portfolio of investment properties available for sale individually or as a package. The property is owner-managed. APN: 15-21-181-009. Asking price is $57,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.