For Sale
$182,000

313 Mill St Carbondale, IL 62901

Eight-unit apartment building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents an eight-unit apartment building located at 313 E Mill St, Carbondale, Illinois, 62901. The property boasts a total of 5,600 square feet and is conveniently situated near Southern Illinois University (SIU), offering strong rental demand. Each of the eight units includes a stove and refrigerator, and tenants are responsible for their own utilities. The asking price for this property is $182,000. The building is being sold "as is," with no repairs provided by the seller. This presents a unique chance for a buyer to add value through renovations or upgrades. The property is classified as multifamily and commercial, offering diverse investment potential. Its location in Jackson County, Illinois, provides access to a vibrant community and a strong rental market. This is a remarkable opportunity for investors seeking a multi-unit property in a desirable location with significant upside potential. Note that the seller also owns a separate eight-unit building at 509 S Wall St, Carbondale. This property is priced to sell quickly. Detailed financial information is available upon request.

Highlights

  • $182,000 asking price.
  • Multifamily property with 8 units, located in Carbondale, IL.
  • 5,600 square feet.
  • Stoves and refrigerators included in each unit; tenants pay utilities.
  • Close proximity to Southern Illinois University (SIU).
  • Sold "as is," no repairs by seller.

Property Details for 313 Mill St

Property type
Land, Apartment buildings
Square Feet
5,600 SF

Location Insight

City
Carbondale
County
Jackson
State
Illinois
Latitude
37.721091
Longitude
-89.2113038

FAQs

What type of property is this?
Land - Eight-unit apartment building, prime location.
Where is the land located?
The property is located at 313 Mill St Carbondale, IL.
What is the asking price?
The asking price for this property is $182,000.
What are key features of this property?
This property features: $182,000 asking price.; Multifamily property with 8 units, located in Carbondale, IL.; 5,600 square feet.
How can I contact the broker?
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313 Mill St
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