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$700,000   Price Analysis
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507 W College St
Carbondale, IL 62901
Unknown bed 4 bath 7,488 SqFt ($93/SqFt)
0.23 acre lot. Built 2006
Listed 2024-04-02, Taxes $24,183
USDA Eligible
near Carbondale, IL
 Restrictions may apply
due to home size

Two large apartment buildings located near SIU.

(6) 3BD/2BA and (6) 2BD/1BA. Parking inlcuded. 48 hour notice required for showings. There are 9 out of 12 units currently rnted!

507 and 509 W. College Street.


Presented by Rachel Davenport at
RE/MAX REALTY CENTRAL.
Listing Agent Photo

Property MLS #EB452823 from RMLSAlliance

Basement Features: Finished, Full

Full Bathrooms: 4

Heating Features: Electric, Central Air

Lot Description: Sloped
Lot Size Acres: 0.2300046
Lot Size Dimensions: 86x116.5
Lot Size Square Feet: 10019

Road Surface Type: Alley

Parking Total: 12

Gross Income: 68220
Gross Scheduled Income: 68220

Number of Units: 12
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 2

High School: Carbondale HS

Lewis School is a public elementary school located approximately 1.2 miles away.
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Carbondale Middle School is a public middle school located approximately 1.4 miles away.
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Carbondale Community High School is a public high school located approximately 1.8 miles away.
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Trinity Christian School is a private elementary, middle and high school located approximately 0.6 miles away.
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Annual Tax Amount: 24183.61999999
Source Listing Status: Active
County: Jackson
Development Status: Completed
Directions: 507 W. College Street Carbondale IL 62901
Tax Year: 2022
Source Property Type: Residential Income
Source Neighborhood: JA Logan
Number of Separate Electric Meters: 12
Number of Separate Gas Meters: 12
Number of Separate Water Meters: 12
Parcel Number: 15-21-332-002
Subdivision: JA Logan
Property Subtype: Residential Income
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$191,205 + $4,220
$195,425
$24,183
2021$181,909 + $4,015
$185,924
$23,829
2020$185,129 + $4,086
$189,215
$23,087
2019$185,887 + $4,103
$189,990
$22,157
2018$193,976 + $4,282
$198,258
$21,513
2017$197,935 + $4,282
$202,217
$21,680
2016$197,935 + $4,282
$202,217
$21,169
2015$200,107 + $4,282
$204,389
$21,249
2014$200,107 + $4,282
$204,389
$20,956
2013$204,191 + $4,369
$208,560
$20,479
2012$204,191 + $4,369
$208,560
$20,047
2011$204,563 + $4,369
$208,932
$19,201
2010$207,636 + $4,435
$212,071
$18,673

Price Changed 2024-06-07
$700,000
RMLSAlliance
Listed 2024-04-02
$799,800
RMLSAlliance
Listing removed 2022-11-03
$0
RMLSAlliance
Price Changed 2021-11-04
$783,500
RMLSAlliance
Listed 2021-11-02
$783,500,000
RMLSAlliance

Net Operating Income: 44036

Year Built: 2006
Building Area Total: 7488
Construction Materials: Vinyl Siding
Foundation Details: Concrete
Property Age: 18
Roof: Shingle
Structure Type: Two or More Story, Apartment Building

Accessibility Features: Doors, Handicap Access, Kitchen Modifications, Wide Doorways, Wide Hallways

Water Source: Public Sewer, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.