405 E Mill St Unit 14 Carbondale, IL 62901
Estimated payment $6,537/month
About This Home
BANK FORECLOSURE! 14 two bedroom townhouse units with 1.5 baths. Appliances including washer/dryer, dishwasher, refrigerator and stove included in most units. Large paved parking lot seconds from Southern Illinois University Campus Rec and Medical Center. A projected annual income of $127,000 currently based on existing income. An identical adjacent complex was under contract within 2 weeks of listing. This one should sell fast also. The bank has only owned this property a few months and has no rental history or annual expenses available. Any offers should state "Property is purchases AS IS with no warranties."
Listing Agent
Rolf Schilling
COMMERCIAL REALTY ASSOCIATES License #471012048 Listed on: 08/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $33,309
Lot Details
- Lot Dimensions are 240x120
Home Design
- 14,400 Sq Ft Home
- Concrete Perimeter Foundation
Utilities
- Central Air
- Heating System Uses Gas
- Separate Meters
Community Details
Overview
- 14 Units
Building Details
- Gross Income $127,200
- Net Operating Income $93,891
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 | $268 | $2,351 | $2,351 | $0 |
| 2023 | $252 | $2,130 | $2,130 | $0 |
| 2022 | $243 | $1,966 | $1,966 | $0 |
| 2021 | $240 | $1,870 | $1,870 | $0 |
| 2020 | $232 | $1,903 | $1,903 | $0 |
| 2019 | $223 | $1,911 | $1,911 | $0 |
| 2018 | $216 | $1,994 | $1,994 | $0 |
| 2017 | $214 | $1,994 | $1,994 | $0 |
| 2016 | $209 | $1,994 | $1,994 | $0 |
| 2015 | -- | $1,994 | $1,994 | $0 |
| 2014 | -- | $1,994 | $1,994 | $0 |
| 2012 | -- | $2,035 | $2,035 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $720,000 | -- | $50 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $3,750 | None Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: EB459419
APN: 15-21-430-002
- 400 E Hester St
- 411 E Hester St
- 319 E College St
- 418 & 420 S Graham St
- 409 E Walnut St
- 316 Lynda Dr
- 406 S University Ave
- 410 W Freeman St
- 313 W Cherry St
- 310 W Cherry St
- 405 W College St
- 403 W Cherry St
- 512 S Beveridge St Unit 16
- 000 E Campus Dr
- 403 W Elm St
- 405 W Elm St
- 407 S Beveridge St
- 508 W College St
- 609 S Poplar St
- 505 S Poplar St
- 511 S Graham Ave
- 405 E College St
- 501 E College St
- 405 S Graham Ave
- 710 S Illinois Ave
- 800 E Grand Ave
- 614 E Park St
- 607 E Park St
- 900 E Grand Ave
- 900 E Park St
- 600 E Campus Dr Unit 8A
- 805 E Park St
- 1000 E Grand Ave
- 250 S Lewis Ln
- 600 W Mill St
- 1061 E Park St
- 412 S Poplar St
- 408 S Poplar St
- 1207 S Wall St
- 413 W Main St Unit 1