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$800,000   Price Analysis
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402 E Hester St
Carbondale, IL 62901
Unknown bed 2 bath 12,500 SqFt ($64/SqFt)
0.76 acre lot. Built 2010
Listed 2024-04-02, Taxes $12,885
May be USDA loan restricted due to income limits
near Carbondale

Inves tors take a look!

Two large apartment buildings with a large parking lt attached. There are 14 units total with each featuring 2 bedrooms and 1.5 bathrooms.

10 units are currently rented. Will require 48 hour notice for showings of occupied units. This includes 402 and 408 E. Hester.


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

Property MLS #EB452826 from RMLSAlliance

Full Bathrooms: 2

Heating Features: Electric, Heat Pump, Central Air

Additional Parcels Description: 15-21-430-010 15-21-430-011 15-21-430-012
Lot Description: Level
Lot Size Acres: 0.7603306
Lot Size Dimensions: 138x240
Lot Size Square Feet: 33120

Parking Features: Parking Pad
Parking Total: 28

Elementary School: Carbondale Elem
High School: Carbondale HS

Lewis School is a public elementary school located approximately 0.6 miles away.
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Carbondale Middle School is a public middle school located approximately 0.8 miles away.
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Carbondale Community High School is a public high school located approximately 1.3 miles away.
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Brehm Preparatory School is a private middle and high school located approximately 0.8 miles away.
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Gross Income: 94800
Gross Scheduled Income: 94800

Number of Units: 14
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1

Annual Tax Amount: 27022
Source Listing Status: Active
County: Jackson
Development Status: Completed
Directions: 402 & 408 E. Hester Street Carbondale IL 62901
Tax Year: 2022
Source Property Type: Residential Income
Source Neighborhood: Hester & Stoker
Number of Separate Electric Meters: 14
Number of Separate Water Meters: 14
Parcel Number: 15-21-430-009
Subdivision: Hester & Stoker
Property Subtype: Residential Income
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$97,196 + $3,342
$100,538
$12,885
2020$98,916 + $3,401
$102,317
$12,484
2019$99,321 + $3,415
$102,736
$11,981
2018$103,643 + $3,564
$107,207
$11,633
2017$105,758 + $3,564
$109,322
$11,721
2016$105,758 + $3,564
$109,322
$11,444
2015$103,047 + $3,564
$106,611
$11,084
2014$103,047 + $3,564
$106,611
$10,931
2013$105,150 + $3,637
$108,787
$10,682
2012$105,150 + $3,637
$108,787
$10,457
2011$81,146 + $3,637
$84,783
$7,791
2010$82,365 + $3,692
$86,057
$7,577

Price Changed 2024-06-07
$800,000
RMLSAlliance
Listed 2024-04-02
$900,000
RMLSAlliance
Listing removed 2022-06-01
$1,019,900
RMLSAlliance

Net Operating Income: 67778

Year Built: 2010
Building Area Total: 12500
Construction Materials: Vinyl Siding
Property Age: 14
Roof: Metal
Structure Type: Two or More Story, Apartment Building

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.