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$ 359,000
Est. payment /mo
New
1109 W Walkup AVE Carbondale, IL 62901
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12717662
Year Built 1943
Annual Tax Amount $11,806
Tax Year 2025
Lot Dimensions 60X150
Property Sub-Type Multi Family 5+
Property Description
Excellent opportunity to acquire a well-established investment portfolio featuring six rental units across five properties, with a strong history of long-term occupancy. The portfolio includes 715 N. James Street (1 bedroom, 1 bathroom) with an approximately 8-year tenant, 521 N. Springer Street (2 bedroom, 1 bathroom) with a tenant of 10+ years, 110 S. Forest Avenue (2 bedroom, 1 bathroom) with a long-term tenant, 1108 W. Walkup Avenue (3 bedroom, 1 bathroom) with an exceptional 20-year tenant, and 1109 W. Walkup Avenue, Unit A &B consisting of a 2-bedroom 1-bath unit and a 1-bedroom, 1-bath unit. The back unit is currently occupied by a long-term tenant, while the other is being remodeled, creating an opportunity to increase rental income with a new tenant. This portfolio is ideal for investors seeking stable cash flow, as these are long-term rentals. Whether you're looking to expand your existing portfolio or make a turnkey investment, this package offers immediate income with additional upside potential.
Location
State IL
County Jackson
Area Carbondale
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
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Listed by RAE HANNA of Coldwell Banker DHH Realty
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