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505 W CHERRY Street 2, Carbondale, IL 62901

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For Sale

$40,000

1,500 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • $26.67
    Price per square foot

Explore this Property

NEEDS TLC AND PRICED ACCORDINGLY. The property is a duplex with each side having 1 bd/1bath, living room and kitchen. It's a cozy nest for living near downtown or Southern Illinois University campus. The units are locked from each other, but share a basement. Parking is off street. BANK FORECLOSURE! Priced well below the last appraisal. There is no history of expenses or rents, only current information since the bank took over. Most units are in good condition and have been inspected by the City. Most units are currently rented, some through 2026. Attached is a list of all the foreclosures from this bank with current asking prices. They may be purchased in blocks at a discount. There are no disclosures required because this is a foreclosure. They will be sold AS IS with no warranties, but inspections are permitted.
MLS# EB458819

Courtesy Of Commercial Realty Associates

(618) 303-0701

Property Features

  • Amenities
    Cable Ready
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Heating System
    Forced Air

Map and Directions

Directions to 505 W CHERRY Street 2, 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) 985-3717
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:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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.

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