408 W Freeman ST, Carbondale, IL 62901
408 W Freeman ST, Carbondale, IL 62901
408 W Freeman ST, Carbondale, IL 62901
408 W Freeman ST, Carbondale, IL 62901
408 W Freeman ST, Carbondale, IL 62901
408 W Freeman ST, Carbondale, IL 62901
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Curtis Thompson

Curtis Thompson

+1(618) 292-7946
Listed by Alexander "Alec"K Childers • HOUSE 2 HOME REALTY
$ 750,000
Est. payment | /mo

4,645 SqFt

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$ 750,000
Est. payment | /mo
Save Virtual Tour

4,645 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,645 sqft

Price per Sqft $161

MLS Listing ID PA1269365

Year Built 1980

Annual Tax Amount $8,987

Tax Year 2025

Lot Dimensions 158x100

Property Sub-Type Commercial

Source rmlsa

Property Description

Opportunity awaits at 408 W. Freeman Street in Carbondale! Formerly utilized as a fraternity house and currently operating as student housing, this substantial property offers a unique combination of space, income potential and flexibility just minutes from Southern Illinois University. The property features 12 bedrooms, 4 full bathrooms and expansive common areas, including a large living room, dining area, spacious kitchen and additional gathering/bar room. Currently occupied by 10 students with reported rental income of $4,200 per month. Tenants pay their own utilities, with the owner currently responsible for trash service. Additional features include ample off-street parking, multiple HVAC components, two water heaters and a Generac standby generator with automatic transfer equipment. With its high-capacity layout and established rental use, this property presents an intriguing opportunity for investors, student-housing operators or buyers seeking a property with substantial space and redevelopment potential. Property is being offered in its present condition. Buyer to independently verify property use, zoning, occupancy allowances, bedroom count, financial information and all other information material to buyer's intended use.

Location

State IL

County Jackson

Area Paar Area

Zoning Commercial

Direction 13W onto S Poplar St, left on W Freeman St, property on your left

Interior

Heating Electric

Cooling Central Air

Flooring Tile

Fireplace N

Exterior

View true

Roof Type Shake

Garage 1

Building

Building Description Vinyl Siding,Frame, Cable

Faces 13W onto S Poplar St, left on W Freeman St, property on your left

Sewer Public Sewer

Water Municipal/City

Structure Type Vinyl Siding,Frame

Others

Tax ID 15-21-332-011

Virtual Tour https://unbranded.visithome.ai/iKps3KcvvgDHsH3gkRvBWT?mu=ft

Nearby Locations

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408 W Freeman ST

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