$720,000

405 E Mill St Unit 14 Carbondale, IL 62901

Estimated payment $6,699/month

Total Views 1,078
4 Beds
-- Bath
14,400 Sq Ft
$50 Price per Sq Ft

Highlights

  • Central Air
  • Carbondale Community High School Rated A
  • Level Lot

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

Pam Schilling

COMMERCIAL REALTY ASSOCIATES Brokerage Phone: 618-303-0701 License #471012048 Listed on: 08/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,309

Lot Details

  • Lot Dimensions are 240x120
  • Level Lot

Home Design

  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 14,400 Sq Ft Home
  • Crawl Space

Parking

  • 33 Parking Spaces
  • Parking Pad

Schools

  • Carbondale High School

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 15-21-430-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,309

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 50
  • Attribution Contact: Phone: 618-303-0701
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Foundation Details: Poured Concrete
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 33

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 14
  • NumberOfHeatingUnits: 14
  • NumberOfCentralAirUnits: 14
  • NumberOfGasMeters: 14
  • NumberOfElectricMeters: 14
  • NumberofWaterMeters: 14

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Carbondale HS

Lot Info

  • Lot Size: 240x120
  • Additional Parcels Description: 15-21-430-003, -004, -005
  • Parcel #: 15-21-430-002

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 33309
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 14
  • Annual Gross Income: 127200

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $720,000 -- $50 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $3,750 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $710,000 Unknown
Closed $710,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: RMLS Alliance

MLS Number: EB459419

RMLS Alliance

APN: 15-21-430-002