1302 Walnut St Murphysboro, IL 62966
Estimated payment $2,031/month
About This Home
Great opportunity in the heart of Murphysboro! This commercial building sits on two lots and features historic charm with modern updates, including a new roof and updated HVAC. The main level offers flexible commercial space, ideal for retail, office, or mixed-use possibilities. Upstairs, you’ll find two one-bedroom, one-bath units—perfect for owner occupancy, short- or long-term rental income, or even an Airbnb setup. Whether you're an investor or an entrepreneur seeking a live/work opportunity, this property offers both character and cash flow potential in a central Murphysboro location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $850
Year Built
- Built in 1931
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 23.5x80
- Corner Lot
- Level Lot
Home Design
- 1,880 Sq Ft Home
Schools
- Murphysboro High School
Additional Features
- 2 Bedrooms
- Central Air
Listing and Financial Details
- Assessor Parcel Number 14-04-376-029
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $850 | $7,805 | $4,061 | $3,744 |
| 2022 | $809 | $7,154 | $3,722 | $3,432 |
| 2021 | $784 | $6,712 | $3,492 | $3,220 |
| 2020 | $789 | $6,631 | $3,450 | $3,181 |
| 2019 | $730 | $6,516 | $3,390 | $3,126 |
| 2018 | $686 | $6,516 | $3,390 | $3,126 |
| 2017 | $1,000 | $9,542 | $6,416 | $3,126 |
| 2016 | $976 | $9,542 | $6,416 | $3,126 |
| 2015 | -- | $9,542 | $6,416 | $3,126 |
| 2014 | -- | $9,542 | $6,416 | $3,126 |
| 2012 | -- | $9,542 | $6,416 | $3,126 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | For Sale | $350,000 | -- | $186 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $47,500 | -- | |
| Contract Of Sale | $20,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | No Value Available | |
| Open | $51,000 | Construction | |
| Open | $93,600 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $38,000 | Unknown | |
| Closed | $0 | Seller Take Back |
Source: RMLS Alliance
MLS Number: EB458126
APN: 14-04-376-029
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