Don't miss out on this investment opportunity!

This package featurs (2) 7 unit apartment buildings each having 2 bedrooms and 1.5 bathrooms, a triplex that has (2) 2 bedroom units and a studio apartment and a large parking lot with 34 parking spaces.

Conveniently located near shopping and a two minute drive to SIU campus. 48 hour notice required for showing occupied units.

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on 401 E Mill St
in Carbondale, IL
Presented by Rachel Davenport at
RE/MAX REALTY CENTRAL.


Property MLS #EB452440 from RMLSAlliance

+ Reveal additional info including schools and tax history

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+ Interior Features

Cable Available
High Speed Internet

+ Appliances

Laundry Features: Units Hook-Ups

+ Other Rooms

Basement Features: Crawl Space

+ Bathrooms

Full Bathrooms: 2
1/2 Bathrooms: 2

+ Heating and Cooling

Heating Features: Forced Air, Gas, Central Air

+ Land Info

Additional Parcels Description: 15-21-430-002, 15-21-430-003, 15-21-430-004 & 15-21-430-005
Lot Description: Level
Lot Size Acres: 0.82
Lot Size Dimensions: 300x120
Lot Size Square Feet: 35719

+ Exterior and Lot Features

Road Surface Type: Alley, Paved

+ Garage and Parking

Parking Features: Parking Pad
Parking Total: 34

+ Rental Info

Gross Income: 72480
Gross Scheduled Income: 72480
Lease Term: One Year or Less
Tenant Pays: All Utilities

+ Multi-Unit Info

Number of Units: 17
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Half Bathrooms in Unit-1: 1
Half Bathrooms in Unit-2: 1

+ School Information

High School: Carbondale HS
+ Display Complete School Details

Lewis School is a public elementary school located approximately 0.7 miles away.
Map directions

Carbondale Middle School is a public middle school located approximately 0.8 miles away.
Map directions

Carbondale Community High School is a public high school located approximately 1.3 miles away.
Map directions

Brehm Preparatory School is a private middle and high school located approximately 0.8 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 36500
Source Listing Status: Active
County: Jackson
Directions: 405 E. Mill Street Carbondale Illinois 62901. 405, 40
Tax Year: 2022
Source Property Type: Residential Income
Insurance Expense: 10927
Number of Separate Electric Meters: 17
Number of Separate Gas Meters: 17
Number of Separate Water Meters: 17
Parcel Number: 15-21-430-001
Property Subtype: Residential Income
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$34,849 + $3,865 $38,714	$4,790
2021	$33,155 + $3,677 $36,832	$4,720
2020	$33,742 + $3,742 $37,484	$4,573
2019	$33,880 + $3,757 $37,637	$4,389
2018	$35,354 + $3,920 $39,274	$4,261
2017	$36,076 + $3,920 $39,996	$4,288
2016	$36,076 + $3,920 $39,996	$4,187
2015	$44,334 + $3,920 $48,254	$5,016
2014	$44,334 + $3,920 $48,254	$4,947
2013	$unknown + $2,035 $2,035	$2,206
2012	$unknown + $2,035 $2,035	$195
2011	$unknown + $2,035 $2,035	$187
2010	$unknown + $2,066 $2,066	$181

+ Reveal Property Sale History

Listed 2024-03-02
$1,347,900
RMLSAlliance

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Listing removed 2019-12-09
$0
RMLSAlliance

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Price Changed 2018-10-31
$200,000
RMLSAlliance

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Listed 2017-12-06
$249,000
RMLSAlliance

+ Commercial Info

Net Operating Income: 25053
Operating Expense: 10927

+ Building and Construction

Year Built: 2014
Building Area Total: 14600
Construction Materials: Vinyl Siding
Foundation Details: Slab
Property Age: 10
Roof: Metal
Structure Type: Two or More Story, Apartment Building, Triplex

+ Utilities

Water Source: Public Sewer, Public