
1950 N Illinois Ave Carbondale, IL 62901
Estimated payment $2,281/month
Highlights
- Popular Property
- 1.78 Acre Lot
- Covered Patio or Porch
- Carbondale Community High School Rated A
- No HOA
- 1-Story Property
About This Home
Fantastic opportunity to start or expand your portfolio with this 9-unit apartment building, already producing income with 8 of the 9 units currently rented. Set on a spacious 1.78-acre rural lot, this property offers strong rental potential with room to grow. Tenants are responsible for their electricity, while the owner covers sewer, water, and trash, keeping things simple and low-maintenance. Rent roll available upon request. Out of respect for tenants, please do not disturb them. These apartments are true one-bedroom properties. Showings are allowed after an accepted contract with a viewing contingency in place. Tenants’ rights.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,960
Year Built
- Built in 1950
Parking
- 1 Car Garage
- Parking Lot
Home Design
- Aluminum Siding
Interior Spaces
- 5,007 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 66 Bedrooms
- 65 Bathrooms
Schools
- Carbondale Dist 95 Elementary And Middle School
- Carbondale High School
Utilities
- Window Unit Cooling System
- Central Heating
- Baseboard Heating
Additional Features
- Covered Patio or Porch
- 1.78 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 15-09-326-022
Community Details
Overview
- No Home Owners Association
- 9 Units
Building Details
- 8 Leased Units
- Net Operating Income $27,000
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 | $9,357 | $79,162 | $12,370 | $66,792 |
2022 | $9,044 | $73,082 | $11,420 | $61,662 |
2021 | $8,912 | $69,529 | $10,865 | $58,664 |
2020 | $8,634 | $70,759 | $11,057 | $59,702 |
2019 | $8,286 | $71,050 | $11,103 | $59,947 |
2018 | $8,045 | $74,142 | $11,586 | $62,556 |
2017 | $7,949 | $74,142 | $11,586 | $62,556 |
2016 | $7,762 | $74,142 | $11,586 | $62,556 |
2015 | -- | $55,452 | $11,586 | $43,866 |
2014 | -- | $55,452 | $11,586 | $43,866 |
2012 | -- | $56,583 | $11,822 | $44,761 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/29/2025 07/29/25 | For Sale | $265,000 | +19.4% | $53 / Sq Ft |
02/02/2024 02/02/24 | Sold | $222,000 | -11.2% | $44 / Sq Ft |
12/11/2023 12/11/23 | Pending | -- | -- | -- |
01/11/2022 01/11/22 | For Sale | $249,900 | -- | $50 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | -- | None Listed On Document | |
Quit Claim Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $177,600 | New Conventional | |
Previous Owner | $143,000 | Commercial |
About the Listing Agent

"Veteran Serving Veterans"
I began selling Residential properties in 2004, one year prior to retiring from the Air Force. I've received numerous Sales awards but bigger rewards for Community service involvement with working at the Airman's Attic at Scott AFB, feeding the Homeless monthly and Church, conducting Home buying Workshops for First-Time home buyers, and helping various Non-profit organizations with their agendas. I've lived in this area since 1995 and do sell Real Estate
Celeste's Other Listings
Source: MARIS MLS
MLS Number: MIS25040149

APN: 15-09-326-022
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