401 West Monroe Street, Unit 3

Carbondale, IL 62901

$85,000
Price
—
Beds
2,700 Sq. Ft.
$31 / Sq. Ft.
2,700
Sq. Ft.
$31
per Sq. Ft.

Description

Now is your chance to pick up a money maker with all three leased apartments making steady income. The property is a tri-plex with, with an upstairs 2 bedroom apartment, with two ground floor apartments, a 1 bedroom, and a studio. There is a shared front entry with private apartment access from within. As well as an external exit for the upstairs unit. The apartments are all on there own electric meters and have private AC systems providing comfortable living for each individual tenant. Located one...Now is your chance to pick up a money maker with all three leased apartments making steady income. The property is a tri-plex with, with an upstairs 2 bedroom apartment, with two ground floor apartments, a 1 bedroom, and a studio. There is a shared front entry with private apartment access from within. As well as an external exit for the upstairs unit. The apartments are all on there own electric meters and have private AC systems providing comfortable living for each individual tenant. Located one block from the hospital, across the street from the library and only minutes from campus, this continues to be a consistent point of income. Now is your chance to snatch it up and let it make money for you immediately!
  1. Listed by Daniel Harshbarger • KELLER WILLIAMS PINNACLE • Phone: 618-867-6414

Property Details for 401 West Monroe Street, Unit 3

Parking Total
3.0
Subdivision Name
None
LISTING UPDATED: 11/20/2024 02:01 PM

Property Details for 401 West Monroe Street, Unit 3

StatusActive
MLS #EB450603
Days on Market421
Taxes$4,236 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1920
Lot Size0.18 AC / 7,741 SF
CountyJackson County

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Building Information for 401 West Monroe Street, Unit 3

Stories-Residences3Year Built1920Building Size-Lot Size0.18 AC / 7,741 SF

Property Information for 401 West Monroe Street, Unit 3

Summary
Location and General Information
  • City: Carbondale
  • County Or Parish: Jackson
  • Directions: Head west on E main Street in Carbondale, turn South on Route 51, Turn West/Right onto Monroe. The destination in on the Left.
  • Latitude: 37.725798
  • Longitude: -89.219789
  • MLSArea Minor: EBOR Area
  • Postal Code: 62901
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 15-21-178-012
  • Tax Annual Amount: $4,236
  • Tax Legal Description: LUCRETIA CAMPBELLS S/D LOT 1
  • Tax Year: 2022
School Information
  • Elementary School: Carbondale Elem
  • High School: Carbondale HS
  • Middle Or Junior School: Carbondale
Parking
  • Parking Features: On Street, Parking Pad
Virtual Tour
Property
Lot Information
  • Structure Type: Two or More Story, Triplex
  • Building Area Total: 2700.0
  • Lot Features: Level
  • Lot Size Dimensions: 55 x 140.75
  • Number Of Units Total: 3
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 1920
Utilities
  • Number Of Electric Meters: 3
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,323
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 0
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Unfinished
  • Heating: Heating Systems - 2+, Electric, Cooling Systems - 2+, Central Air
  • Interior Features: Cable Available, High Speed Internet
  • Number Of Central Air Units: 3
  • Number Of Heating Units: 3
  • Number Of Ranges: 3
  • Numberof Refrigerators: 3
  • Number Of Water Heaters: 3
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $20,400
  • Gross Scheduled Income: $19,200
  • Insurance Expense: $796
  • Maintenance Expense: $0
  • Manager Expense: $2,986
  • Net Operating Income: $11,059
  • Operating Expense: $5,105
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 1200
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Rental
Rent Information
  • Lease Term: Variable
  • Tenant Pays: Electricity

Property History for 401 West Monroe Street, Unit 3

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 401 West Monroe Street, Unit 3

This home is within Carbondale Chsd 165 School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 3
Public - 4 to 5
Public - 6 to 8
Rating
School
Distance
Parrish Elementary School
PublicPK to 1

Thomas Elementary School
Public2 to 3

Lewis School
Public4 to 5

Carbondale Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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401 West Monroe Street, Unit 3 is a multi-family home for sale in Carbondale, IL 62901. This property was listed for sale on September 14, 2023 by KELLER WILLIAMS PINNACLE, it's currently listed at $85,000. This listing's school districts are Carbondale Chsd 165 School District, Carbondale Esd 95 School District. Nearby schools include Parrish Elementary School, Thomas Elementary School and Lewis School. 401 West Monroe Street, Unit 3 is a 0-bed, 0-bath, 2,700 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS PINNACLE

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.