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1950 N Illinois Avenue, Carbondale, IL 62901

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For Sale
Sale Pending

$239,900

5,007 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $47.91
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Motivated Seller and fantastic opportunity to start or expand your portfolio with this 9-unit apartment building, already producing income with 8 of the 9 units currently rented. Set on a spacious 1.78-acre rural lot, this property offers strong rental potential with room to grow. Seller plans to make-ready the vacant unit. If you have a vision to turn ordinary into extraordinary, this Building might be the one. Property can use some TLC at units with the long-term tenants of 5-13 years. Tenants are responsible for their electricity, while the owner covers sewer, water, and trash, keeping things simple and low-maintenance. Rent roll available upon request. There are 2-two bedroom apartments and 7-one bedroom apartments. Out of respect for tenants, please do not disturb them. Tenants rights.
MLS# 25040149

Courtesy Of RE/MAX Preferred

(618) 624-2111

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Ranch
  • Exterior Type
    Aluminum Siding
  • Heating System
    Baseboard
  • Lot Size
    1.78 Acres

Map and Directions

Directions to 1950 N Illinois Avenue, Carbondale, IL 62901

Home seller CENTURY 21 House of Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 House of Realty, Inc.

(618) 457-3344
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.