505 South Poplar Street

Carbondale, IL 62901

$319,000
Price
Beds
7,308 Sq. Ft.
$44 / Sq. Ft.
7,308
Sq. Ft.
$44
per Sq. Ft.

Description

10 unit Apartment complex with ample parking. 5 units with 2 bedrooms and 5 units with 1 bedroom. All units have range, dishwasher, and refrigerator. 8 units have washer & dryer. 2022 Financials reflect negative impacts of Covid19. Great investment opportunity.10 unit Apartment complex with ample parking. 5 units with 2 bedrooms and 5 units with 1 bedroom. All units have range, dishwasher, and refrigerator. 8 units have washer & dryer. 2022 Financials reflect negative impacts of Covid19. Great investment opportunity.
  1. Listed by Linda Jackson • C21 House of Realty, INC. • Phone: 618-997-6495

Property Details for 505 South Poplar Street

Parking Total
20.0
Subdivision Name
None
LISTING UPDATED: 10/22/2024 03:01 PM

Property Details for 505 South Poplar Street

StatusActive
MLS #EB449042
Days on Market477
Taxes$13,137 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1988
Lot Size0.44 AC / 19,166 SF
CountyJackson County

Building Information for 505 South Poplar Street

Stories-Residences10Year Built1988Building Size-Lot Size0.44 AC / 19,166 SF

Property Information for 505 South Poplar Street

Summary
Location and General Information
  • City: Carbondale
  • County Or Parish: Jackson
  • Directions: East on Rt 13 or W. Walnut, right/south on S Poplar. Property on left '
  • Latitude: 37.722579
  • Longitude: -89.221171
  • MLSArea Minor: EBOR Area
  • Postal Code: 62901
  • State Or Province: IL
  • Zoning: COMMERCIAL
Taxes and HOA Information
  • Additional Parcels Description: 15-21-327-002
  • Parcel Number: 15-21-327-006
  • Tax Annual Amount: $13,137
  • Tax Legal Description: J A LOGANS ADD LOT 3 BLK 56 X 172 J A LOGANS W 95' LOT 2 BLK 1 56 X 95
  • Tax Year: 2023
School Information
  • Elementary School: Carbondale Elem
  • High School: Carbondale HS
  • Middle Or Junior School: Carbondale
Parking
  • Parking Features: Guest Parking, Parking Pad
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 7308.0
  • Lot Features: Level
  • Lot Size Acres: 0.44
  • Lot Size Dimensions: 56 x 172
  • Number Of Units Total: 10
  • 100 Year Plain: Unknown
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Aerial Photos,Legal Description
  • Foundation Details: Slab
  • New Construction: No
  • Year Built: 1988
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 10
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 10
  • Water Sewer Expense: $358
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 1100
  • Roof: Shingle
  • Construction Materials: Brick Partial, Vinyl Siding
Interior Features
  • Basement: None
  • Heating: Baseboard, Electric, Electric Water Heater, Window Unit(s)
  • Interior Features: High Speed Internet
  • Laundry Features: Private, Units Hook-Ups
  • Number Of Central Air Units: 0
  • Number Of Dishwashers: 10
  • Number Of Dryers: 8
  • Number Of Heating Units: 10
  • Number Of Ranges: 10
  • Numberof Refrigerators: 10
  • Number Of Washers: 8
  • Number Of Water Heaters: 10
  • Number Of Window Units: 10
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $3,122
  • Gross Income: $34,176
  • Gross Scheduled Income: $34,117
  • Insurance Expense: $2,500
  • Maintenance Expense: $3,805
  • Manager Expense: $3,928
  • Net Operating Income: $4,145
  • Operating Expense: $16,894
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 59
  • Trash Expense: $1,186
Unit 1
  • 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 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 2
  • Number Parking: 2
  • Number Uncovered: 0
  • 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: 1
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Annual Vacancy Factor: 0.5

Property History for 505 South Poplar Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 505 South Poplar Street

Taxable ValueLand$10,364Additions$91,771Total$102,135
Tax Record2023$12,073 ($1,006 / month)
Home Facts
Lot Size19,166 SqFtStyleOffice BuildingCountyJACKSONAPN15-21-327-006

Schools near 505 South Poplar Street

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.

Similar Homes

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505 South Poplar Street is a multi-family home for sale in Carbondale, IL 62901. This property was listed for sale on May 22, 2023 by C21 House of Realty, INC., it's currently listed at $319,000. It has been on the market for a total of 477 days and was last sold on September 18, 2019. 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. 505 South Poplar Street is a 0-bed, 0-bath, 7,308 sqft multi-family home built in 1988.

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 C21 House of Realty, INC.

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.