1207 S Wall St
Carbondale, IL 62901
The Quads Apartments · Multifamily Property For Sale · 114 Units

Realty Central is pleased to present the Quadrangle Apartment Complex, situated within walking distance of SI University and only minutes from downtown Carbondale and its many attractions. 117 units apartment building located on 4 acres with additional acreage available. Healthcare Memorial Hospital of Carbondale is the flagship hospital for SIH and regional referral center for the 16 county southern Illinois region. With 140-bedtertiary care hospital, it’s Southern Illinois largest and most spacious birthing center with Level II Plus Special Care Nursery. Memorial Hospital is affiliated with SIU School of Medicine through its Family Practice Residency Program and the hospital brings over 3,000 employees to downtown Carbondale, in addition to patients and visitors. Southern Illinois Healthcare has opened a 42,000 square foot medical clinic and teaching space that will be used by the SIUC School of Medicine. IlliniCare Health/Centene has rented and remodeled 80,000 square feet of office space at University Mall. It’s projected that they will employ over 400 people. Population & Economy In Carbondale the young adult age cohort, including ages 20 to 34, accounts for almost 50% of the population. The City’s median age is 24.3 and is likely the result of SIU’s student population. In general, household incomes $75,000 and higher are expected to see growth between 2015 and 2020, while incomes below $75,000 will decrease. These changes will not have a large effect on the distribution of household incomes; however, with those less than $15,000 still comprising over 40% of the City. This is also a factor of the impact of the student population whose income level is considerably lower than that of the resident households. It is important to note that the Census does not include student’s financial aid and student loans in determining their disposable income. Projections suggest that the majority of industries within Carbondale will see modest to steady growth between 2012 and 2022. In particular, natural resources and mining and professional and business services and both projected to grow by over 15%. While many of the top industries are expected to change, education will remain the dominant industry with projections of 9.1% growth and 31.3% of total employment in 2022.