400 E Hester St Carbondale, IL 62901
Estimated payment $1,778/month
Highlights
- Central Air
- Carbondale Community High School Rated A
- Wood Siding
About This Home
Fantastic opportunity to own a move-in-ready investment property just steps from the SIU Recreational Complex in Carbondale! Conveniently located near the SIU campus, shopping, and the new Southern Illinois Multimodal Station, this property features three townhomes, each offering three rental units. Each townhome includes a welcoming entryway, open-concept kitchen, spacious living and dining area, half bath, and in-unit laundry on the main floor. The upper floor features three bedrooms and one full bath. All units are equipped with a refrigerator, gas range, dishwasher, washer, and dryer, and each offers a private fenced patio. Renovated in 2014, the property also includes 13 on-site parking spaces, trash pickup service, and a brand-new roof-a major bonus! This is an excellent opportunity for investors seeking steady rental income and long-term value in a prime location near SIU campus. $211,000.00
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,184
Year Built
- Built in 1983
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 60 x 138
- Property fronts an alley
Home Design
- 3,600 Sq Ft Home
- Wood Siding
Utilities
- Central Air
- Separate Meters
Community Details
Overview
- 9 Units
Building Details
- Maintenance Expense $2,800
- Trash Expense $1,044
- Operating Expense $9,864
- Gross Income $45,900
- Net Operating Income $27,852
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 |
|---|---|---|---|---|
| 2024 | $8,184 | $71,820 | $4,453 | $67,367 |
| 2023 | $7,689 | $65,053 | $4,034 | $61,019 |
| 2022 | $7,432 | $60,056 | $3,724 | $56,332 |
| 2021 | $7,323 | $57,136 | $3,543 | $53,593 |
| 2020 | $7,095 | $58,148 | $3,606 | $54,542 |
| 2019 | $6,809 | $58,385 | $3,620 | $54,765 |
| 2018 | $6,611 | $60,926 | $3,778 | $57,148 |
| 2017 | $6,657 | $62,092 | $3,778 | $58,314 |
| 2016 | $6,500 | $62,092 | $3,778 | $58,314 |
| 2015 | -- | $66,468 | $3,778 | $62,690 |
| 2014 | -- | $66,468 | $3,778 | $62,690 |
| 2012 | -- | $67,824 | $3,855 | $63,969 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2025 12/22/25 | For Sale | $211,000 | 0.0% | $59 / Sq Ft |
| 12/13/2025 12/13/25 | Pending | -- | -- | -- |
| 11/14/2025 11/14/25 | For Sale | $211,000 | -- | $59 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: EB460469
APN: 15-21-430-008
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