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1950 N Illinois Avenue

Carbondale, IL 62901

– beds
– baths
5,002 sqft
~2 acre lot
$52 per sqft
1950 build
– on site

Excellent investment opportunity in Carbondale! This 9-unit apartment building features private exterior entrances for each unit and is currently cash flowing, with 8 of 9 units occupied. A mix of month-to-month and year-long leases are in place, providing both stability and flexibility for new ownership. Ideal for investors seeking immediate income with potential for value-add improvements. Please contact the listing agent to schedule appointments—seller requires proof of funds or pre-approval prior to any showings. Due to tenant occupancy, some units may not be available for interior viewing. Property is being sold AS-IS.

Listing courtesy of MARIS / Keller Williams Pinnacle

Last checked: Checking… • Last updated May 4, 2025 •

MLS# 25028679 —

The Building

Year Built:

1950
Number Of Buildings:

1
Construction Materials:

Aluminum Siding
Architectural Style:

Low/1-2
Number Of Units Total:

9
Basement:

false
Above Grade Finished Area:

5,002 Sqft

Interior

Laundry Features:

None
Fireplace:

false
Living Area:

5002

Financial & Terms

Possession:

Close Of Escrow
Ownership Type:

Private
Listing Terms:

Cash, Conventional, FHA, USDA, VA Loan

Location

Longitude:

-89.220648
Latitude:

37.752163

The Property

Property Sub Type:

5 Family or More
Property Type:

Residential Income
Parcel Number:

15-09-326-022
Lot Size Acres:

1.78
Lot Size Area:

1.78
Lot Size Units:

Acres
Lot Size Square Feet:

77,537 Sqft
Lot Size Dimensions:

77536.8sqft
Lot Size Source:

Public Records
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$9,357

Heating & Cooling

Cooling:

Window Unit(s)
Heating:

Baseboard, Electric

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Electric Water Heater

Schools

Elementary School:

Carbondale Dist 95
Middle School:

Carbondale Dist 95
High School:

Carbondale
High School District:

Carbondale Dist 95

The Community

Subdivision Name:

Crawshaw & Stephens
Association Fee Frequency:

None
Pool:

No

Parking

Parking Features:

RV Access/Parking, Open, Parking Lot
Garage:

false
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/2/25 May 2, 2025	Listed / Active	MARIS	$265,000

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This multifamily located in Carbondale, IL 62901 is currently for sale for $265,000. 1950 N Illinois Avenue is a 5,002 square foot multifamily with – beds and – baths that has been on Estately for 7 days. This multifamily is in the attendance area of Carbondale Middle School, Lewis School, Parrish Elementary School, Thomas Elementary School, and Carbondale Comm High School.

Listing Courtesy of: MARIS and Keller Williams Pinnacle.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Information from Third Parties, Deemed Reliable but Not Verified.