1109 W Walkup Avenue Carbondale, IL $ 359,000
1109 W Walkup Avenue
$ 359,000
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1109 W Walkup Avenue

Carbondale, IL, 62901
$ 359,000
Baths0.0

Monthly Estimate*

$ 2,267

1109 W Walkup Avenue, Carbondale, IL 62901 - Image 1
1109 W Walkup Avenue, Carbondale, IL 62901 - Image 2
1109 W Walkup Avenue, Carbondale, IL 62901 - Image 3
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1109 W Walkup Avenue, Carbondale, IL 62901 - Image 6
Studio

Multi-Family Home for sale in Carbondale, IL

for $359,000. This home was built in 1943.

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.

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Multi-Family Active

Price

$ 359,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,806

Style

Year Built

1943

Town/City

Carbondale

County/Region

Jackson

MLS | Web ID

12717662

Features
General
Year Built 1943
Stories Count 1
Tax Year 2025
Gross Income 3645
Additional Parcels Description 1516306005 1516357001 1521151033 1520476012
County Jackson
Net Operating Income 26934
Operating Expense 0
Insurance Expense 5000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status New
Directions 5 Different properties all with different addresses
City Carbondale
Number Of Units Total 6
MLS Area Carbondale
Tax Annual Amount 11806.86
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions 60X150
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* Excluded Features
List By
Coldwell Banker Dhh Realty

Broker

raehanna@coldwellbankerdhhr.com

Email

Affordability Calculator

$3,251
Per Month
70%
30%
0%
Monthly Principal & Interest
$2,267
Monthly Property Taxes
$984
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$359,000 Listed Price

Map


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1109 W Walkup Avenue, Carbondale, IL, 62901 is a Multi-Family Home for sale at $359,000. 1109 W Walkup Avenue is a studio with 0.0 baths and was built in 1943. The property's zip code is 62901 which is in Carbondale, IL